Hi! I am an ex-prop shop equity trader. Some stocks I post may be low market cap. These are potentially good candidates to day trade; I have no opinion on them as investments. This means the potential of the stock moving today is what makes it interesting, not the business, long-term prospects, or the people involved. PLEASE ask specific questions. Questions like “Thoughts on _____?” or something answered in the watchlist will be ignored unless you add detail and your own opinion. News: China Unleashes Stimulus Package to Revive Economy, Markets FXI/ YINN/ YANG - CRAZY 6% swing in FXI, the China ETF from the stimulus package. Watching to see how this trades at the open, but no real levels to look at since this is a macro trade. BABA - However, I am looking at BABA at the $100 level and at the open as well. WYNN - Another company with huge China exposure, roughly 70% of their revenue from China due to operations in Macau. QCOM - Worth watching mainly due to high revenue exposure to China and the INTC deal—since the deal news is overblown, we might see it recover a little bit like it did yesterday at the open. HE - Offering of 54M shares at 9.25/shr, amounts to roughly $500M. Did this offering to fund Maui Wildfire Settlement, worth watching court proceedings further to see if they’ll need to do more.Earnings I’m watching: SFIX [link] [comments] |