It’s Friday again…
You know I cry myself to sleep when I don’t have weekly webinars and the Pre-Market Prep to look forward to in the morning … Let’s make today’s update count.
Here’s what’s going on today…
Northern Dynasty Minerals Lt. (NYSEAMERICAN: NAK) had a 9 p.m. Eastern press release last night. It’s a penny stock, but they clearly don’t know how to play the game. Early-morning PR moves stocks a lot more. Still, I’d consider it a potential dip and rip over the high of the day.
Lixte Biotechnology Holdings Inc (NASDAQ: LIXT) has news regarding an anti-cancer therapy presentation … But not till next month. Then again, it’s low float and the volume’s there. It’s not my favorite, but it’s a potential dip and rip over $8...
I’ve talked about Net Element Inc. (NASDAQ: NETE) a lot. I love the stock in general … But not today. It’s currently breaking down. I talk about why it’s not a pattern I like to look for...
An Instagram follower asked about AMC Entertainment Holdings Inc. (NYSE: AMC) and yesterday’s mini-meme stock mania...
My thoughts? Meh. I had such high hopes for meme stocks yesterday. But they mostly faded into the afternoon. GameStop Corp. (NYSE: GME) leads the charge with the pack here — so you’ve gotta watch what it’s doing. I’d love to see it go wild into the afternoon...
I’m loving Rocket Companies Inc (NYSE: RKT) right now. It’s is an earnings winner. It’s related to home loans, which I’d classify as a hot sector. The housing market is on fire right now. I’ll be looking for breaks. Spoiler: it’s probably gonna be on the next Weekly Watchlist...
I talked about Chromadex Corp. (NASDAQ: CDXC) a lot in yesterday’s SteadyTrade Team webinar. A lot of people got stopped out of this stock yesterday. It’s choppy — not such a clean chart.
I’m wary of CDXC today. I don’t like a red-to-green play on this one, but I’d consider it with an afternoon high of day break.
I want Workhorse Group Inc. (NASDAQ: WKHS) to do something. Investor Cathie Wood, who I’d call ‘the Elon Musk of investing’ right now, just dip-bought WKHS. Tune in for a detailed discussion of what that means, and why I’d advise watchful waiting…
Speaking of prominent investors, Dave Portnoy is in Churchill Capital Corp IV (NYSE: CCIV) … Nonetheless, I really don’t like bottom guessing, no matter who’s buying it. If you ask me, it’s still ‘day trade only.’
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