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Money Tuesday May 9th 2023 Morning Stock Newsletter

YESTERDAYS TRADER OF THE DAY

Like I mentioned yesterday, Steve absolutely crushes the Alpha Halt Strategy!!!! Over $700 in verified profits on the day. LETS GOOOO!!!!!!


Good morning team and happy Money Tuesday!

WE ARE BACK!!!! 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. Despite seeing slow and choppy market conditions, we absolutely crushed it and saw some amazing profits inside of profits chat. Keep up the amazing work team and keep this momentum going.

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 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.


Very small green day for me yesterday! I am stepping back on size this month and getting back to the basics to really dial in my trading system as we move into the final 6 months of the year!


STOCKS WITH NEWS

Stock futures fall as investors await closely followed inflation data https://www.cnbc.com/2023/05/08/stock-market-today-live-updates.html

Yesterdays top gainers: $TRVN $OMH $ML $ZEV $INOD $GOCO $IMPP 

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

Market Briefing: Stock futures were under pressure Tuesday, with regional bank shares retreating, as investors readied for key inflation reports due later in the week. Futures tied to the Dow Jones Industrial Average lost 120 points, or 0.4%. S&P 500 futures dipped 0.4% along with Nasdaq-100 futures . PacWest shares fell more than 8% in the premarket after a volatile session in which the regional bank rose more than 3%. The SPDR S&P Regional Banking ETF (KRE) dipped 0.8%, as investors continued to fret over the state of the U.S. banking system. Lucid, PayPal and Skyworks were all down after their quarterly reports were released. Meanwhile, Palantir jumped 20% on a strong earnings report and upbeat guidance. The moves follow a lukewarm session that left the three major indexes modestly changed. The S&P 500 finished 0.05% higher, while the Nasdaq Composite ended with a gain of nearly 0.2%. The Dow was the underperformer of the session, closing almost 0.2% lower.

$CLRO 0 ClearOne Shares Up 53% Premarket After Co Late Monday Announced Special One-time Cash Dividend Of $1.00/Share Of Common Stock, Payable May 31 To Shareholders Of Record On May 22, 2023

$SYBX – Synlogic Receives Orphan Drug Designation from FDA for SYNB1934 for Treatment of Phenylketonuria

$MTEK – Maris-Tech Enters Into Agreement with Art of Logic Australia for $7.5 Million of a New Product Based On the Company’s Uranus-AI Product

$CSMG – Press Release: Glory Star Announces Closing of its $60 Million Strategic Investment at $2.48 per Share

$PLTR – Palantir shares are trading higher after the company reported strong Q1 results and said it expects to remain profitable each quarter through the end of the year.

$PLUG – Plug Power GAAP EPS of -$0.35 misses by $0.09, revenue of $210.3M beats by $2.63M

$PYPL – PayPal stock slips after Q1 earnings beat, Q2 guidance disappoints

$SLRX – FDA Removes Partial Clinical Hold on Salarius Pharmaceuticals’ Phase 1/2 Clinical Trial with Seclidemstat in Patients with Ewing Sarcoma

$ENSC – Ensysce Biosciences Announces Successful Completion Of Ground-Breaking Study On Overdose Protection


Personal Game Plans

$SPY GAME PLAN – As you can see, we have either bounced or have gotten rejected off $410.21 several times in the past. It also just happens to be the 20EMA and psychological $410 support as well. I am expecting to see the $SPY have a decent bounce off this level today. I will be waiting for the $SPY to drop on down to this level to play CALLS for a quick scalp on up!

$TSLA – It all comes down to $169.16 support and this downtrend. If we cannot break the downtrend and crack below support, we want to be SHORT down to $167.59. However, if we hold support and break the downtrend, we want to be LONG to $171.90


Earnings This Week


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS