🌟Goooooooood morning Team and Happy Money Thursday🌟
WELCOME BACK to the WORLD’S BEST Trading Chatroom! I hope you all had a wonderful evening and that you are ready for today’s trading session.
Today is a BIG day in the market team. Today we get Gross Domestic Product, 2nd Quarter 2022 (Advance Estimate) at 8:30AM – This is the first estimate of gross domestic product (GDP) and its components for a quarter. It is released 25-30 days after the end of the quarter and is based on source data that are incomplete and subject to revision.
All eyes will be on the market at 8:30AM so get prepared for an opportunity packed day.
Live Stream is now up and Live Trade Commentary will begin at 9:00 AM. 🚀👏📈 🔥
STOCKS WITH NEWS
Yesterdays Top Gainers: $BWV $PZN $HKD $PGY $MARA
$BTTX Better Therapeutics Completes Pivotal Trial of BT-001 for Type 2 Diabetes and Announces Positive Secondary Endpoint Results Following the Earlier Announcement of Positive Primary Endpoint Results https://newsfilter.io/a/07646efd939fcbfd151e0f8ad1018569
$TRVN Trevena Announces Positive Topline OLINVYK Cognitive Function Data and Provides General Business Update https://newsfilter.io/a/f4325a961c99bd32d4fce93abde52945
$RDW Redwire to Develop Space-Based Drug Development and Manufacturing Platform https://newsfilter.io/a/332820359353e4be98ffbc7ed9833a70
$CELZ Creative Medical Technology Announces Positive Top-Line Results for OvaStem® Pilot Study https://newsfilter.io/a/f81c0df566d166b4f17781fa46756a21
$JAKK JAKKS Pacific Reports Second Quarter 2022 Financial Results https://newsfilter.io/a/f683f3c12aa33c838a5978ecc2d2d049
$TSLA Elon Musk’s Brother Kimbal Exercises Option To Buy 25K Tesla Shares https://www.benzinga.com/news/22/07/28239275/elon-musks-brother-kimbal-exercises-option-to-buy-25k-tesla-shares-what-you-need-to-know
$IONS Ionis announces positive topline results from Phase 2b clinical study of fesomersen, a potential novel anti-thrombotic treatment https://newsfilter.io/a/8dbbbb2609a6691a7efdf6d48807b064
$FCEL and $PLUG – BZ: Shares of alternative energy-related stocks are trading higher after Senator Manchin said he supports the Inflation Reduction Act of 2022, which includes investment in technologies for all fuel types including hydrogen, nuclear and renewables.
$RUN $FSLR – Sunrun Inc (NASDAQ:RUN) and First Solar Inc (NASDAQ:FSLR), are trading higher in Wednesday’s after-hours session alongside Sunnova Energy International Inc (NYSE:NOVA) after the company reported strong top-line financial results and reaffirmed guidance.
$TBLT – ToughBuilt Industries Launches 35 Products in 5,500 Ace Hardware Locations
My top stocks for the day
$BTTX looks great here in pre-market. A break over $2.50 can send this stock to $3.00 then $3.21. I do NOT want to be long on this stock today after 9:30 as we have seen all of our top gainers fade on off. I will be looking to locate shorts on this stock for today.
If $SIGA were to ever crack this trend-line, I will be looking for a SHORT. However, if we break this down-trend, we can take it LONG back to $18.12, $18.41 and $18.85
$TYDE is gapping up here in pre-market roughly 22% at this time. This stock ripped BIG out of the gate yesterday just to fade on off for the rest of the day. We are currently building higher lows and have a solid trend-line as support. As long as we stay above the trend-line, we are considered bullish. We have top resistance at $1.79 with room to $2.00 if we break. HIGH WATCH here in pre-market team.
We have a slight moving average squeeze formation on $TNXP . Worth watching for a possible swing trade
PRE MARKET GAPPERS
Largest Short Interest
PRIOR DAY TOP GAINERS
Earnings this Week