Video Scan: Stocks To Watch For November 11, 2024

Hey everyone, welcome back to another Sunday Scan. It was a wild week with the election and the market volatility that followed.

We have a special episode today to discuss the themes, top stocks, and main watches in this market. We are joined by Ariel, a top-tier trader who recently did an episode of Trading Takes with Sam. We chat about all kinds of things, so make sure to watch the video this week.

Video Scan and Game Plan

Main Watches 

XOM relative strength while oil has been downtrending over the last few months. Possible market share dominance and other positive catalysts could help it break out especially if oil ticks up at all.

EQT US large scale natural gas company could have a significant move higher if the US replaces other international gas suppliers.

META looking for a little more consolidation and then breakout as the market stays strong.

SMR / OKLO nuclear theme still in play for upside looking for the next leg up as long as the theme stays relevant.

BHVN earnings on Monday looking for possible leg up with bio theme.

AI tightening up technically, on watch for break above 28.5, may cling to the IONQ type of narrative for higher.

CRM breaking new highs in a bull market with a catalyst has a good hit rate for continuation higher especially if the base has been building on a big picture view for a while.

TSLA top watch in the market with so many things working in its favor, with the election, earnings, technicals, AI / robotics / robotaxi themes and bullish option flow ramping up significantly.

COIN / MSTR BTC making new highs and likely to drag all the crypto names with it. On watch for significant moves coming higher.

PLTR relative strength in this market but possibly coming up to an over extension so if the market has any pull back this may have a quick washout to play the downside on.

PDD / BABA relative weakness with the election and tariff wars coming and disappointing stimulus.

ASTS relative weakness with SpaceX likely being able to get any approval it wants now so possible round trip for ASTS with heavy retail following and pops getting sold.