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Money Thursday May 11th 2023 Morning Stock Newsletter

YESTERDAYS TRADER OF THE DAY

Corey coming in with a solid green day. $348 in a day is a phenomenal profit. $348 per day is $83,520 per year. Take those base hits when you have them because they add up to BIG TIME profits!!!


🌟Good morning Team and Happy Money Thursday!🌟

I hope you all had a wonderful evening and are ready for a successful trading session today.

Yesterday was an AMAZING day in the market. The market was on FIRE yesterday after CPI data and we absolutely CRUSHED IT!!!

We nailed 2 back to back winners and one was over 100% return in less than 30 minutes, ALL STREAMED AND ALERTED LIVE!!!

I was able to take $100 from my small options account and turn it into $240. What a way to start growing the small options account.

We have PPI data this morning at 8:30 and am looking for another action packed day!

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!

Live Stream is now up and The Pre-market Rundown will begin at 8:45AM. The morning Game Plan Session will start at 9AM followed by Live Market Training/Trading from 9:30AM – 11AM and Private Market Mastery Training from 11AM – 11:30AM 👏 👏 👏

Let’s have an amazing day team.


STOCKS WITH NEWS

Stock futures rise slightly ahead of more U.S. inflation data https://www.cnbc.com/2023/05/10/stock-futures-today-live-updates.html

Yesterdays top penny stocks:

$CTIC $HCDI $TCRX $XMTR $COMP $UPST $CRWG

https://university.alphadaytrading.com/charts/?chId=3088

Market Briefing: U.S. stock futures were muted Thursday as investors look toward Thursday’s producer price index report and pore over Disney’s latest quarterly results. Dow Jones Industrial Average futures fell 55 points, or 0.16%. S&P 500 futures rose marginally, while Nasdaq-100 futures advanced 0.1%. Disney shares fell more than 5% after the media giant released its fiscal second-quarter results. While higher prices helped its streaming division to narrow its losses, it dealt a harsh blow to subscriber growth. The company also announced it would take on impairment charges of $1.5 billion to $1.8 billion as it removes more content from its streaming platforms. Economists polled by Dow Jones expect producer prices rose 0.3% in April. The data comes a day after the Labor Department said the consumer price index, another closely watched inflation gauge, rose 4.9% last month on a year-over-year basis. That was slightly less than expected. Weekly jobless claims numbers are also slated for release Thursday. Wall Street is coming off a mixed session, with the Nasdaq Composite and S&P 500 rising 1% and 0.5%, respectively, on Wednesday. The Dow, meanwhile, closed marginally lower.

$PSNY – Polestar Automotive Holding GAAP EPS of -$0.01 beats by $0.05, revenue of $546.02M misses by $62.68M

$JD – JD.com Non-GAAP EPADS of $0.69 beats by $0.19, revenue of $35.4B beats by $560M

$POLA – news from yesterday – Polar Power Launches New Line of Mobile Electric Vehicle Chargers

$KPLT – Katapult Holdings Q1 EPS $(0 .09) Beats $(0 .10) Estimate, Sales $55.70M Beat $53.40M Estimate

$KLXE – KLX Energy Services Swings to Profit in Q1 as Sales Jump; Lifts 2023 Revenue Guidance — Shares Surge in Premarket

$JAGX – news from yesterday – Jaguar Health Launches AI-powered Web Portal to Support Patient Access to Mytesi, the Company’s FDA-approved Prescription Drug

$SHFS – Safe Harbor Financial Partners with Five Star Bank to Create a Potential Billion-Dollar Growth Opportunity for Cannabis Banking


Personal Game Plans

$POLA – very similar trade opportunity like we saw yesterday on $STSS . We are currently inside of a channel. Top channel resistance is up at $1.94 with bottom channel support down at $1.65. We would like to see $POLA come down to $1.65 support and bounce. This is where we would be looking to make entries with stops right under support. We could see buyers start to step back in off support and push this stock back to top channel resistance at $1.94

$AUD is currently trying to get back over $0.20 support. We want to see $AUD regain $0.20 then pull back briefly for a retest. This would establish a higher low that we can push off of. We could then see buyers start to move back in for the break of the down-trend. Stops would be under $0.20 with a first target at $0.225 then $0.25 and $0.26

$TIVC looks great here in pre-market and the daily chart shows TONS of potential. We just regained $0.19 support and are starting to push back to $0.24-$0.25 resistance. $0.25 is the gap down spiking high from 2/9. If we were to ever break over $0.25 and stay above is, we can see buyers move in as we would be inside the daily gap and could possibly fill it to the upside. The daily gap is all the way up at $0.44. Low risk entries could be here off $0.19 support with stops under $0.17. First target would be $0.24-$0.25 then the daily gap up at $0.44


Earnings This Week


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar

We have PPI data dropping at 8:30AM followed by initial jobless claims data. We also have Fed Waller speaking at 10:15 today!


PRIOR DAY TOP GAINERS