No positions in any stocks long-term but Amazon/Mag7/general broad market indices. (unless otherwise noted in these tickers)
To clarify since I’ve been asked: I usually make these watchlists premarket, (or from 6:30 to 7 as time permits), but can be delayed if I’m trading the open. These aren’t mean to be taken as gospel: they’re just my perspective of where a stock could potentially go. Percentages signify what the stock is trading at when I write up the report and are NOT predictions of stock price EOD. Some of the stocks I post are <$500M market cap and are NOT good long-term investments, but are good candidates to day trade.
News: Capital One to Buy Discover for $35 Billion in Year’s Biggest Deal
SMCI- Hit that $1000, broke it, then utterly collapsed. I was out of town Friday, but this was probably the best trade of the year. Worth watching for any additional moves down, but other than that I’m going to be hands-off.
NVDA- Failed to break that $750 that I was interested in (highest we got was $745), and sold off at the open. For me, this is a hands-off until the earnings report. Looks like the semis/AI run-up might be over unless they report a blow-out earnings.
DFS- Capital One confirms that they are going to acquire DFS in all-stock transaction ($35.3B)
RAPT- Clinical hold placed on their asthma drug, stock is down 63% from the open. Worth watching to see if we break that $10 level for a multi-day swing trade.
SSRM- Reports that employees are being charged due to mine collapse in Turkey (this happened last week). Would keep on watchlist because this doesn’t seem like something that is going to be resolved within a day (like PCG, the Hawaii fires, Rio Tinto, etc).
