Use coupon ‘WATCHLIST‘ on checkout for 25% off first payment Pro membership
Good Morning Psychos! 😈
– Big one right off the bat! Elon Musk has offered to purchase 100% of Twitter in cash for $45.20 per share. This comes after disclosing 10% stake in the company days before.
– Yesterday the market rallied on the back of a 11% Producer Price Index which is the highest increase ever on record.
-With the FED minutes release behind us, and the next coming meeting in May it would be reasonable to see some relief in the markets before next round of FED meetings where the pressure to curb inflation is reaching critical levels.We expect Fiscal tightening to begin next month.
– Nevertheless earnings season has kicked off with some of the big banks reporting WFC GS C MS reporting, overall good but not record breaking results.


GAPERS & MOVERS
TWTR Elon Mush has offered to buy 100% of the company to take it private, according to CNBC at $43 billion approx or $54.20 per share.
CRXT 25 million shares, 5 million volume. No news, but unusually heavy trading premarket.
DLPN 8 million shares, 1.5 million volume. Reported earnings fourth consecutive quarter of Revenue increase.
CBAT reported earnings, and swung to profit as revenue rose 80% for the quarter YoY.
VERU 80million shares, 5 million volume. Absolutely squeezing for the last three days.
BFRI 17 million shares, 125k volume. Runner from yesterday watch if it can hold $4’s for a run back into $5’s

OPTIONS
SPY Main pivot $443.30. Supports below $442, $440, $438. Resistance above $445, $448.
QQQ Main pivot $347. Supports below $346, $345, $342. Resistance above $348, $350.
TSLA Main pivot $1005. Supports below $995, $985, $975. Resistance above $1015, $1025, $1040.
AMD Main pivot $98.50. Supports below $97.50, $96.75, $96, $95. Resistance above $100, $101.
NVDA Main pivot $224. Supports below $221.35, $219, $217, $215. Resistance above $226, $230.
MS Breakout level $87, last support around $84. Reported earnings, although slowed down, pretty good overall stock surging pre-market.
IBM breakout level $129. then $130, $131, $132. Last support $129. Surging pre-market, no news.
C Breakout over $51. Then $52, $52.80. Last support $49.80 Reported and beat EPS $2.02 vs $1.57 estimate.
TSM Main pivot $103.60. Last support $102.50. Breakout over $105 into $106 and $107.50. Reported upbeat results stock is moving and lots of upside room in the chip names.

UPGRADES & PRICE TARGET INCREASES
DAL HII URI WOOF

Sign up to receive this daily for FREE 30 minutes before market open

Free Newsletter
This is an idea generation watchlist. We follow and trade these stocks daily on our discord here is the link <.https://discord.gg/WPSgVgbKBw >.