Hope everyone has been doing well and enjoying the free Monday scans. Lot’s to look at today and the market sure was a wild one today as several Tech names got shaved 8% or more. Some pretty wild moves the day after the 1st NFL Sunday as well. So, that is worth noting. We are doing a sale that expires tonight so make sure to check it out here https://investorsunderground.com/s/HVUk2
Summer trading hopefully over as today was a fantastic day for me overall. Lets take a look at tomorrow and boy do we have a ton of names.
ROKU – Thought we might get a nice squeeze on this one today but it was liquidation day across the tech space and ROKU after the first 5 mins was a total sell. Messed up with some calls but I would NOT be surprised to see this washout to $150 tomorrow. Will be looking for that panic washout to trade.
PINS – Big washout here as well, and took just a nibble on some of the $29 calls just in case we get a morning bounce, but I do expect further fade on this name tomorrow into the $26s
FCEL – Since the .35 this one has been great. Huge gap and run and I do expect more gap tomorrow but it depends on the opening few minutes action on the trade. However, if it’s high enough will be looking to sell most. Can do some wild stuff though.
JCP – More insiders buying on this one and chart is primed for a $1 – $1.10 move tomorrow. Still adding dips with now a .80 risk.
DCGD – Insane and someone is stuck short HUGGE on this one. Can just washout or blowout the short into the high $2s tomorrow, either way looking to take a reaction trade on it.
PEIX – EPA stuff this week, main watch on any news.
AESE – Took of radar today and look at that lol, finally ramped hard over $4 and was a thin move. This is a recent SPAC and they were all flying on nothing the last few months. Ideally morning weakness for an add. Thinking if it goes it will just be a halt up style.
FNMA – Unreal! This is the last thing I expected today and was quite baffled. The volume is 100% there and this can do a 2 more day move and give us all another FNMA style move (yes i said that) and I 100% will be watching this entire week for a huge trade.
KEG – Turd energy name but trending nicely.
CEI – Worth an eye if KEG really ramps. So far this name has done NOTHING, I just pray it doesn’t do some stupid pre market monster move so all the time I spent on it was wasted lol.
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