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Money Thursday January 5th 2023 Morning Stock Newsletter

 

🌟Goooooooood morning Team and Happy Money Thursday🌟 We are back and I am excited to see what the market has in store for today!

I hope everyone had a great night and that you are ready for a great day ahead.

I am extremely excited to be back as I am looking forward to starting out this year STRONG and PROFITABLE. Let’s make sure we are taking only the best of the best trades (the profits will follow) and start strong in 2023!!!!

 


STOCKS WITH NEWS

Stock futures are flat as investors digest Fed minutes, look ahead to labor data https://www.cnbc.com/2023/01/04/stock-futures-are-down-slightly-as-investors-contemplate-fed-minutes-economic-data.html

Inverse ETF’s to be watching today if we see more downside and volatility in the markets today $SQQQ $SPXU $UVXY $SDS

Yesterdays top gainers $OBLG $RACY $THRX $GERN $KALA $IMAB

$AMZN – Amazon to lay off over 18k employees

$CCL – Cruise stocks pop as Carnival moves to increase add-on prices

$VYNT – Vyant Bio Taps LifeSci Capital to Assist in Review of Strategic Options

$WBA – Walgreens Boots Non-GAAP EPS of $1.16 beats by $0.02, revenue of $33.38B beats by $340M

$NVCR – Novocure Announces Pivotal LUNAR Study In Non-Small Cell Lung Cancer Met Primary Overall Survival Endpoint

$ORTX – Orchard Therapeutics Announces US FDA Clearance Of IND Application For OTL-203 In MPS-IH

$BLPH – Bellerophon Therapeutics Announces License Agreement For The Commercialization Of INOpulse In Greater China With Baylor BioSciences

Todays Game Plans

We are looking for a daily downtrend rejection on $DIS today. Short entries would be right around $92.70 resistance with a target back down at $90

We are looking for a daily gap fill rejection here on $NFLX . Short entries would be right around $314.33-$315 with these lower targets to the downside: $311.14, $308.10, $304.50 and $301.30

$JSPR on HIGH WATCH today for the Mid Candle Breakout

Prior Day Game Plans

100% Win Rate

$UPS looking to play this long off the daily uptrend that we just bounced off of yesterday. Day trade that will turn into a fantastic swing trade. We have room to the 200SMA and daily downtrend.

$FDX looks great for this daily higher low reversal. Entries are a break over $178.99 with a $182.84 FIRST TARGET then $184

**JANUARY 3rd 2023** $TSLA just filled the gap at $123.12 on Friday and is starting to curl on over to the downside. We are looking for $TSLA to now fill the gap to the downside at $112.71. Short entries are a crack below $117.48 with a first target at light support ($116.27) then $112.71 as our 2nd target

**JANUARY 3rd 2023** $XOM (No confirmation for entries) – we are starting to curl on up once again, setting in a nice higher low U-SHAPE above the 20EMA. We are looking for a break over $110.50 to get our next leg to the upside. Entries LONG are over $110.50 with a first target of $112 then the daily gap fill up at $113

**JANUARY 3rd 2023** $JPM (No confirmation for entries) – We were playing this long off the lower trendline of this falling channel on the daily. We are now wanting to flip short of this upper downtrend and plan the falling channel on back down. Ideal entries are here around $135 with stops over the prior swing high at $137.20. We have room to fall over the next few weeks back down to $128 and below .

$ATNF is a simple one. We are looking for a 2nd day of continuation to the upside off Fridays strong volume day. Over $4 room to $5


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS


Earnings this Week