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Money Thursday April 20th 2023 Morning Stock Newsletter

YESTERDAYS TRADER OF THE DAY

Katherine with a back to back green day! Secured nearly $2k on $GOOG. Way to get after it and to take advantage of these market conditions.


🌟Good morning Team and Happy Money Thursday!🌟

I hope you all had a wonderful evening and are ready for today’s trading session. As we get ready for the trading day ahead, I want to express my gratitude and say thank you for being part of this amazing trading community. This community would not be what it is if it wasn’t for each and everyone of you! Your passion, dedication, and commitment to excellence inspires me every day to show up and give you my best. As always, remember that quality trades are the key 🔑 to success in the market. It is important to stay focused and disciplined 🧠 and let the best of the best trades come to us! So let’s all approach today’s trading session with a positive attitude and a commitment to taking only quality trades 💪

Live Stream is now up and Live Trade Commentary will begin at 8:30AM. 👏 👏 👏


We are ecstatic to announce the release of our latest trading program, Market Mastery. After 6 months of hard work and dedication, we are proud to bring you a program that is going to revolutionize the way you trade.

Market Mastery is designed to take your trading and mindset to the next level. We know for a fact that mindset and simplification is key when it comes to trading, which is why we have made it our mission to help you achieve your goals in under 90 days with the Market Mastery Program.

As a current Alpha Day Trading student, you will have exclusive access to Market Mastery at a massive 25% discount before it rolls out to the public. This is a once in a lifetime opportunity to get ahead of the game and take control of your trading.

To learn more and to see if this program is a good fit for you, book a call with me this week. My calendar is filling up fast and we are only offering this program and discount to the first 20 students! https://calendly.com/alphadaytrading/30-minute-meeting

Josh Howerton


STOCKS WITH NEWS

Stock futures fall as investors parse corporate earnings: https://www.cnbc.com/2023/04/19/stock-market-today-live-updates.html

Yesterdays top gainers $SAI $JWAC $VYNE $GEHI $WAL $INDP

$TSLA – Tesla net income and earnings drop more than 20% from last year – https://www.cnbc.com/2023/04/19/tesla-tsla-earnings-q1-2023.html

$T – AT&T Non-GAAP EPS of $0.60 beats by $0.01, revenue of $30.14B misses by $80M

$PM – Philip Morris Non-GAAP EPS of $1.38 beats by $0.04, revenue of $8.02B misses by $10M

$TSM – U.S. chip stocks dip after TSMC’s outlook disappoints

$AXP – American Express GAAP EPS of $2.40 misses by $0.27, revenue of $14.28B beats by $260M

$TFC – Truist Financial GAAP EPS of $1.05 misses by $0.09, revenue of $6.15B beats by $60M

$SNA – Snap-On GAAP EPS of $4.60 beats by $0.49, revenue of $1.18B beats by $50M

$UIHC – United Insurance Says Unit Entered Memorandum With Florida Department Of Financial Services, Division Of Rehabilitation And Liquidation

$SONN – EF Hutton Reiterates Buy on Sonnet BioTherapeutics, Maintains $6.7 Price Target

$DRMA – Dermata Reports Receipt Of Type C Meeting Response From FDA And Submission Of DMT310 End Of Phase 2 Meeting Package

$RCRT – Recruiter.com Launches AI-Driven Candidate Pitch Web Application


Personal Game Plans

$SPY GAME PLAN We officially cracked our multi-week uptrend yesterday in pre-market then proceeded to bounce on up yesterday to retest it as resistance. As you can see, this also left a clear head and shoulders formation. At this time, I expect to see the $SPY fall back down to $406 in the coming days. $411.70-$412 is KEY resistance at this time. We do not want to see the $SPY breaking back above that level. I am looking to start a short position if we crack below $410 today. My first main target is $406 then $400 and $396.50 to fill the daily gap and re-test the 200SMA

$BFRG – setting up for its next leg up. We have a possible ABCD formation at this time. Bottom support is down at $6.10 with current resistance at the downtrend. Entries are a break of the downtrend as that is where volume will start to move on in. We have room to $7.47, $7.66, $8.21 then $9.50


Earnings This Week


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar

Initial Jobless Claims Data will be dropping at 8:30AM


PRIOR DAY TOP GAINERS