stocks
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Pre Trade Prep MP was gapping up 11% to 52 week highs and right around its all-time high. MP was on my original gapping up list, but I was not actually paying attention to it until it repeatedly popped up on the “52 Week High/Low with Volume” scanner. I noticed around 10am (the screenshot only…
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Post Trade Review Originally, I did not have NU on my watchlist since there was no significant news catalyst. However, my interest in NU piqued when I noticed we were trading at high relative volume in the pre-market and into the open. When I considered entering the trade, we were still at around 5x RVOL.…
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Pre-Market Prep Fundamentals & Technicals MU has been in a strong uptrend for the past few months. However, last Thursday, the stock experienced a significant sell-off from its all-time high. This decline was consistent with the broader semiconductor market, likely triggered by NVDA’s sell-off due to overextension. Going into the premarket, MU was trading at…
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Post Trade Review This morning, there was no significant news on NVDA in the premarket, and it was trading on lower relative volume. However, we were near the all-time high of $133.79. Although I wasn’t actively monitoring NVDA, I set an alert around this level to notify me if the stock approached it. Around 11…
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Pre-Market Prep Fundamentals Apple’s annual WWDC event on June 10th brought a series of highly anticipated announcements for investors and Apple enthusiasts alike. In a captivating virtual keynote, CEO Tim Cook and his team introduced Apple Intelligence, marking the company’s much-awaited venture into generative artificial intelligence. This includes a revamped AI-powered Siri, set to deliver…
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Pre-Market Prep Fundamentals WESST Micro Systems Inc. (KWE) has proudly announced a significant achievement: the company has been awarded a sub-contract by Thales Canada. This sub-contract involves delivering specialized software services as part of the Canadian Department of National Defense Land C4ISR series of contracts. The primary goal is to enhance the Canadian Army’s operational…
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Pre-Market Prep Fundamentals GameStop unexpectedly released its first-quarter results and announced a share-sale plan on Friday, coinciding with a renewed interest in the stock, sparked by the re-emergence of meme-stock influencer “Roaring Kitty.” Q1 2024 Earnings Release GameStop officially shared its preliminary Q1 2024 earnings results in a press release on its investor relations website…
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Pre Market Prep Fundamentals NVDA continues to experience a wave of bullish sentiment following last week’s positive earnings report. On Friday, the stock closed at an all-time high, and by the pre-market session on Tuesday, it was gapping up by 3.5%. Despite the absence of any significant recent news beyond the earnings report, the outlook…
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Pre Market Prep Fundamentals NVDA released its earnings on May 22, 2024, so we should monitor if there remains significant interest from participants looking to trade the stock on the second day after the announcement. Technicals The RVOL was relatively low during the premarket, hovering around 1.5 times the relative volume. I was hoping for…
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Pre Market Prep Fundamentals NVDA released earnings after the market close on May 22, 2024. As if this stock couldn’t get hotter, they absolutely crushed earnings and reported a record quarter. Estimated Reported Percent Difference Earnings 5.6 6.12 0.52 (+9.30%) Revenue 24.593B 26.044B 1.451B (+5.9%) NVDA Earnings Estimated vs. Reported In addition to their positive…