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Stirs Day! Oh and the 3/23 Morning Stock Newsletter!!

Good morning Team and Happy Money Thursday! I hope you all had a wonderful evening and are ready for today’s trading session. As we get ready for the trading day ahead, I want to express my gratitude and say thank you for being part of this amazing trading community. This community would not be what it is if it wasn’t for each and everyone of you! Your passion, dedication, and commitment to excellence inspires me every day to show up and give you my best. 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  **The live stream is now up and the live trade commentary begins at 9:00 AM EST.** 


TRADER OF THE DAY

Probably should have been awarded to @Corey with his scary consistency, but its my birthday so I gave it to me :p !! Way to survive another year on your continuing journey to live for ever or die trying!


STOCKS WITH NEWS

Stock futures are higher as investors weigh Fed outlook on rate hikes https://www.cnbc.com/2023/03/22/stock-market-today-live-updates.html

Yesterdays top gainers $ZURA $JMAC $GME $SCYX $ENTB $CDIO

$FRC – First Republic in green early after sharp selling, other regional banks follow

$ACN – Accenture Non-GAAP EPS of $2.69 beats by $0.19, revenue of $15.81B beats by $220M

$GIS – General Mills beats Q3 expectation, raises FY2023 outlook

$FDS – FactSet Research Systems beats Q4 top and bottom line estimates; updates FY23 outlook

$DRI – Darden Restaurants GAAP EPS of $2.34 beats by $0.09, revenue of $2.79B beats by $60M

$CHWY – Chewy shares see a drop amid expansion plans denting margin outlook, analyst comments follow

$COIN – Coinbase Global Says SEC Plans Enforcement Action Related to Crypto Products; Shares Down Pre-Bell

$GBIO Moderna and Generation Bio Announce Collaboration To Develop Non-Viral Genetic Medicines;Generation Bio To Receive $40M Upfront Cash Payment, Prepayment Of Research Funding Plus $36M Equity Investment From $MRNA

$ADN – Hyundai Motor Company (OTC:HYMTF) has signed a Joint Development Agreement (JDA) with Advent Technologies Holdings Inc (NASDAQ:ADN) after a successful technology assessment.

$SQZ – SQZ Biotechnologies Says Investigational Cancer Therapy Phase 1 Trial Shows Complete Response in Solid Tumor Patient


Personal Game Plans

$SPY game plan: We saw a massive selloff yesterday as Yellen said that the government was NOT going to bail out shareholders, bondholders or depositors in the banks that have failed. At this time, we are sitting between 2 key levels of support and resistance. I call this the ZONE OF UNCERTAINTY. We simply do not know where the market wants to head next. We could slowly grind back up to resistance before topping out and falling or we could fade and fall down to support before seeing a big bounce. The market will test your patience today and the more PAYtent you are, the more money you will make. I would be looking to short the $SPY at $395.64-$396 resistance. If we break over this level of resistance, we have room up to $397.40 resistance and is another area I would be looking to get short. However, we may just fade and fall on down at the open. If that happens, I will be looking for a nice bounce play opportunity down at $392 support.


Earnings This Week


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS