x min read

Trading Plan: DJT CERS NFLX AEHR SPY

Trading Plan: DJT CERS NFLX AEHR SPY
Written by
Alex Carlson
Published on
October 13, 2024
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

Insider Financial recaps last week's stock market action and covers the stocks to watch this week.

This video covers SPY, QQQ, DIA, IWM, TLT, DJT, NFLX, CERS, and AEHR.

Video Summary

DJT was our biggest winner of the week, with a 53% gain last week. Trump’s poll numbers have improved, and the betting odds are in his favor right now. The election is three weeks away.

Congrats to all who banked in DJT.

Regarding the overall market, The S&P 500 (SP500) on Friday added 1.11% for the week to end at 5,815.03 points, posting gains in three out of five sessions.

This Week, the earnings season picks up a notch, with several high-profile names scheduled to report their results.

Monday

3:00 pm Federal Reserve Board Governor Christopher Waller will speak on the economic outlook before the "A 50-Year Retrospective on The Shadow Open Market Committee and Its Role in Monetary Policy" conference hosted by Stanford University.

Tuesday

Notable companies due to report include Charles Schwab (SCHW), UnitedHealth Group (UNH), Johnson & Johnson (JNJ), Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Rio Tinto (RIO), PNC Financial (PNC), State Street (STT), Walgreens Boots Alliance (WBA), and United Airlines (UAL). Options trading implies a 7% swing in share price for Albertsons Companies (ACI) as traders eye the pending merger with Kroger (KR).

Notable investor events include Charles Schwab's (SCHW) business update call and the appearances by Capricor Therapeutics (CAPR), NeuroBo Pharmaceuticals (NRBO), Ocugen (OCGN), and Vivani Medical (VANI) at the three-day Maxim Healthcare Summit.

11:30 am San Francisco Federal Reserve Bank President Mary Daly will speak and participate in a moderated conversation at an event hosted by the New York University Stern School of Business.

Wednesday

Notable companies due to report include Abbott Laboratories (ABT), Morgan Stanley (MS), U.S. Bancorp (USB), CSX (CSX), and Discover Financial (DFS). Options trading implies a large swing in Alcoa's (AA) share price after it releases its report.

Thursday

Notable companies due to report include Netflix (NFLX), Blackstone (BX), Travelers (TRV), and KeyCorp (KEY).

8:15 am The European Central Bank will make its monetary policy statement. The ECB is expected to cut benchmark interest rates by 25 basis points.

8:30 am The September Retail Sales report will be released. Economists expect core retail sales to be up 0.4% month-over-month. A strong retail sales print could reset expectations for the FOMC meeting in November.

Friday

Notable companies due to report include Procter & Gamble (PG), American Express (AXP), and Regions Financial (RF). Options trading implies a large swing in share price for Ally Financial (ALLY) after it releases its report.

10:00 am Minneapolis Federal Reserve Bank President Neel Kashkari will moderate a morning keynote policy panel before the "Macroeconomic Policy Perspectives: Banking, Regulation, and Macroeconomic Outcomes" conference hosted by the Federal Reserve Bank of Minneapolis.

A couple of small caps to keep an eye on:

CERS - Moon Market talking about it this weekend. Might get a nice pump Monday. 7m shares short

AEHR beat earnings Friday. Strong price action Friday. 19% float short

Lastly, as I do each trading day, I will scan the pre-market. If I see anything else, I will let subscribers know. That’s why signing up is so important, and it’s completely free.

Bottom Line

As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.

It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.

Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.

Good luck to all (except the shorts and Cramer)!

WHEN INSIDER FINANCIAL HAS A NEW COMPANY TO RESEARCH, IT IS IMPORTANT TO PAY ATTENTION. AFTER ALL, OUR FREE NEWSLETTER PROFILED MANY TRIPLE-DIGIT WINNERS FOR SUBSCRIBERS. WE ALWAYS ARE LOOKING FOR MOMENTUM BEFORE IT HAPPENS!

Disclosure: We have not been compensated for this article/video. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.

Recommended for You