No positions in any stocks long-term but Amazon/Mag7/general broad market indices. (unless otherwise noted in these tickers)
**Not much news today.**
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:** China’s Property Crisis Is Starting to Ripple Across the World
**NYCB,** liquidity 9/10- Extreme bankruptcy fears- IMO worth playing this if an upside catalyst, but still staying away for now. At this point, interested in short-term day trades if it breaks 3.50, otherwise no dice.
**NET,** liquidity 8/10- Beat earnings, plans to accelerate growth in future. Grew revenue 32%, guides even higher for FY24.
**PLCE,** liquidity 8/10- Cuts Q4 Revenue guidance, and is planning on strategic alternatives if unable to find new financing.
**CLSK,** liquidity 9/10- Beats earnings (0.14 vs -.46). Adding this to my BTC watchlist, but it seems like they’re RIOT without the massive over-expansion. Will likely do a deeper financial dive in this later.
**BABA**, liquidity 8/10- Still hanging around the 70 level, still watching to see what is going to happen. No additional catalyst beyond earnings from 2 days ago.
**Earnings I’m interested in-** MGA, NWL, PEP, TU
**Long Term Watches**
**FXI/YINN/YANG/BABA/Chinese stocks-** China equity markets have been weak, worth watching for additional news catalysts.
**SAVE,** liquidity 9/10- SAVE not worth trading unless we see a news catalyst. US Appeals court has expedited review of JBLU/SAVE deal at the moment.
