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MONEY Thursday May 26th 2022 Morning Stock Newsletter

🌟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. 

Live Stream is now up and Live Trade Commentary will begin at 9:00AM. πŸš€ πŸ‘ πŸ“ˆ πŸ”₯

Get πŸ”₯ FIRED πŸ”₯up team because we are hitting it hard today

Yesterdays trader of the day – Kamal with a $1800+ profit! WWWOOOOO


STOCKS WITH NEWS

Dow futures gain as the market tries to snap long weekly losing streaks https://www.cnbc.com/2022/05/25/stock-market-news-futures-open-to-close.html

Fed minutes point to more rate hikes that go further than the market anticipates https://www.cnbc.com/2022/05/25/fed-minutes-may-2022.html

$M – Macy’s Stock Soars On Q1 Earning Beat, 2022 Profit Forecast Boost As Shoppers Defy Inflation Gloom

$IQ – iQIYI Announces First Quarter 2022 Financial Results

$JOBY – Joby receives FAA nod to start air taxi services commercially

$SPRC – SciSparc Gets Ethics Committee Approvals for Tourette Syndrome Treatment

My top stocks for the day
We need to be looking for press releases that have to do with “monkeypox”. That could be our next big play as $SIGA has a press release Thursday ( U.S. Food and Drug Administration (FDA) approved the intravenous (IV) formulation of TPOXX for the treatment of smallpox. The IV formulation is an important option for those who are unable to swallow the oral capsules of TPOXX.)

Today is the day we would see $FRGE bounce if it is going to bounce here off $17.36 support. Over $20 is where we will see volume move in. We have potential to $22.50 then $25

$CBIO is on HIGH WATCH here in pre-market team. We are bouncing off our multi-day trendline and nearing resistance for the 4th time. We do have a slight ascending triangle breakout formation if you look at this on a 15minute time frame. Breaking over $1.50 and we can see $1.85 next


PRE MARKET GAPPERS


PRIOR DAY TOP GAINERS


Earnings this Week