Weekly Watchlist and Review 11/19/23

Weekly Watchlist and Review

Greetings traders. Welcome to the latest edition of our Weekend Watchlist and Review, brought to you by ALERTSANDNEWS.COM. Last week was on FIRE! Lets go through a few of the top alerts. 

Some monster alerts this week! CYTO alerted at .12 hit .47 within a few hours, TENX another monster this week, alerted at .19 hit .72 later that day and what about SGD? the monster of the week. First alert came at .97 before going to the moon! amazing run there. Everyday our watchlist will give you a advantage with entry points, stops and targets. 100% win rate on overnight plays as well. Options alerts have been on another level. INTC swing alert has been amazing!

At ALERTSANDNEWS.COM, we pride ourselves on our steadfast consistency and pinpoint accuracy. Whether your focus is momentum, overnights, swings, options, or dividends, we provide comprehensive coverage. But remember, your due diligence is paramount. If top-notch alerts and keen insights are what you seek, look no further. Our track record is our testimony—just review last week’s alerts. Plus, seize the opportunity: use the code BLACKFRIDAY for a whopping 40% discount upon signing up. Eager to elevate your trading expertise?  Let’s embark on this journey together!

Let’s start what to eye tomorrow, and the news over the weekend.

Here’s the Gappers from Friday. YOSH the chosen penny popper on friday. Also CYTO holding up really well after popping hard on friday. Great alert on CYTO, keep an close eye on it tomorrow as well 

Over the weekend, we saw a TON of headlines. Lets take a look at them.

NSTG: 10x Genomics Wins Another Patent Infringement Case Against NanoString Technologies; Jury Awards 10x Genomics Over $31M In Damages And Finds All Seven Asserted Patents Valid And Willfully Infringed By NanoString

HII: HII Is Awarded ~$185M Contract For DDG 51-Class Follow Yard Support

MDT: Medtronic Announces FDA Approval Of Minimally Invasive Device To Treat Hypertension
 
AUVI: Applied UV Q3 EPS $(0.32) Up From $(1.20) YoY, Sales $11.45M Up From $5.88M YoY-Applied UV Reaffirms Its Previous Guidance Of Approximately $45M In Revenue For 2023- Benzinga
 

SNDL: SNDL And Nova Cannabis Remain Committed To Partnership Following The Termination Of The Implementation Agreement

HWEL: Healthwell Acquisition Corp. I Announces Cancellation Of Special Stockholder Meeting And Its Intention To Liquidate; Estimated Redemption Price Of Approximately $10.50 Per Share

  • “OpenAI Execs Invite Altman, Brockman To Headquarters In Push To Reinstate Them” – The Information
  • Microsoft, Investors Stand Solidly Behind ‘Once In A Generation’ CEO Sam Altman, Putting OpenAI Board Under Pressure
  • Israel Says Houthis Seize Japanese-Operated Cargo Ship In Red Sea
  • Elon Musk Claps Back At Advertisers For Pulling Ads Over Endorsement Of Antisemitic Post: ‘Greatest Oppressors Of Free Speech’
  • Sen. Tommy Tuberville Discloses Bearish Tesla Bet
  • Elon Musk Threatens Media Matters With ‘Thermonuclear Lawsuit’ For ‘Fraudulent Attack’ On X
  • NKLA EV Truck Maker Nikola’s CFO Anastasiya Pasterick Steps Down In Pursuit Of ‘Other Opportunities’
  • Amazon’s Alexa Division To Slash Jobs As Company Pivots To Generative AI
  • Sam Altman Was Raising A VC Fund When OpenAI Fired Him
  • Former US first lady Rosalynn Carter dies at 96-Reuters

  • Bayer ordered to pay $1.56 billion in latest US trial loss over Roundup weedkiller-Reuters

  • US and Qatar say deal closer over Hamas hostages: FT
    1. ISRAEL, HAMAS REACH TENTATIVE DEAL TO HALT WAR, FREE HOSTAGES – WAPO
 

News Coming:

By staying informed about the FDA decisions and other news. Investors, healthcare professionals, and patients can gauge the potential impact on the pharmaceutical industry, stock market, and patient care. These decisions can influence the market value of pharmaceutical companies. Let’s look at the news coming: 

Stock Ticker Company NameDecision DetailsEstimated Decision Date
SWTXSpringWorks Therapeutics

FDA decision on Nirogacestat for the Treatment of Adults with Desmoid Tumors

11/27/2023
TAKTakeda Pharmaceutical Company Limited.FDA decision on FDA decision on Fruquintinib for the treatment of adult patients with previously treated metastatic colorectal cancer11/30/2023
VRTXVertex Pharmaceuticals Inc.

FDA decision on Exa-cel for severe sickle cell disease

12/08/2023
BCLI

Brainstorm Cell Therapeutics Inc

FDA decision on NurOwn for the treatment of amyotrophic lateral sclerosis12/08/2023
CRSPCRISPR Therapeutics AGFDA decision on Exa-cel for severe sickle cell disease
 
12/08/2023
MIRMMirum Pharmaceuticals Inc.FDA decision on the expanded use of LIVMARLI in progressive familial intrahepatic cholestasis12/13/2023
TSVT

2seventy bio, Inc.

FDA decision on the expanded use of Abecma in triple-class exposed relapsed and refractory multiple myeloma patients, who have received an immunomodulatory agent, a proteasome inhibitor, and an anti-CD38 monoclonal antibody.
12/16/2023

Let’s look at some oversold and/or highly shorted stocks. 

Grasping the dynamics of oversold and heavily shorted stocks is key for traders and investors looking to capitalize on emerging opportunities. Oversold stocks can be hidden gems, potentially undervalued due to market overreaction. On the other hand, stocks with high short interest are prime candidates for a short squeeze, a situation where a swift price surge happens as short sellers rush to close their positions. Being well-informed about these scenarios equips investors with the insights needed to adeptly maneuver through market fluctuations

DOGZ:  Recent splitter. Showing signs of a turnaround, with its MACD nearing a cross and a very low RSI, indicating it’s oversold. With a recent split bringing its float to about 1.5M and a moderate short float, this stock deserves attention for potential volume surge. Keep DOGZ on the radar. 


UTRS: New addition to our watchlist, this one is deeply in oversold status, as indicated by its RSI touching the floor. While its MACD remains bearish, there’s potential for movement, especially with a float under 1M. Watch for changes in volume as a key indicator for a possible surge. Keep an eye on UTRS in the upcoming sessions.

MDAI, a low float stock. Its float has been diminishing recently, hinting at potential for smoother price action ahead. A key aspect to monitor is the volume ratio; a notable change could signal a potential reversal. Keep a close watch on MDAI for any shifts in momentum.

AMC: This one is currently in a challenging phase, struggling to find solid footing. The key support level to watch is around 7.05. With an RSI deeply in oversold territory and a bearish MACD yet to show signs of convergence, it’s a critical juncture. The stock also has a considerable short float of about 10%. Observers should keep a close eye on AMC for any potential shifts or stabilization at this support level.

Oversold beat up stocks to eye,

DBGI, BFRI, ZIVO, WETG, NUZE, SPEC, TTOO, BYU, WORX, ISPO.

Earnings Calender:

Economic Calendar and Futures.

Upcoming Economic Events for the Week of November 6-10

TIME (ET)REPORTPERIODACTUALMEDIAN FORECASTPREVIOUS
MONDAY, NOV. 20     
10:00 amU.S. leading economic indicatorsOct. -0.7%-0.7%
12:00 pmRichmond Fed President Tom Barkin TV appearance    
TUESDAY, NOV. 21     
10:00 amExisting home salesOct. -1.5%-2.0%
2:00 pmMinutes of Fed’s Oct. 31-Nov. 1 FOMC meeting    
WEDNESDAY, NOV. 22     
8:30 amInitial jobless claimsNov. 18 229,000231,000
8:30 amDurable-goods ordersOct. -3.5%4.6%
8:30 amDurable-goods minus transportationOct.  0.5%
10:00 amConsumer sentiment (final)Nov. 60.860.4
THURSDAY, NOV. 23     
 Thanksgiving holiday, none scheduled    
FRIDAY, NOV. 24     
9:45 amS&P flash U.S. services PMINov. 50.250.6
9:45 amS&P flash U.S. manufacturing PMINov. 49.850.0

The upcoming week in the financial markets, starting November 20, is slated with key economic reports before the markets pause for the Thanksgiving holiday on Thursday and a shortened trading session on Friday.

On Monday, the spotlight is on the U.S. leading economic indicators for October, expected to mirror the previous month’s -0.7% decline. Adding to the day’s events, Richmond Fed President Tom Barkin is set for a TV appearance at noon. The focus then shifts on Tuesday with the release of October’s existing home sales data, projected at a -1.5% decrease, an improvement over the previous -2.0%. Additionally, the minutes from the Fed’s Oct. 31-Nov. 1 FOMC meeting will be closely scrutinized for insights into future monetary policy decisions at 2:00 pm.

Wednesday brings a suite of important data: Initial jobless claims for the week ending Nov. 18 are forecasted at 229,000, slightly lower than the previous 231,000. Durable-goods orders for October are expected to show a sharp decline to -3.5% from September’s robust 4.6% increase. The day also features the final consumer sentiment index for November, which sees a slight uptick to 60.8 from an initial 60.4.

The markets will be closed on Thursday, November 23, in observance of Thanksgiving. Trading will resume on Friday, but it will be a half-day session, closing early. The shortened day will still bring significant insights with the release of the S&P flash U.S. services and manufacturing PMI for November, expected to show slight decreases from the previous month, indicating a cautious approach by businesses amid ongoing economic uncertainties.

Investors and analysts alike will be keenly watching these reports to gauge the economic health and trajectory as the year draws towards a close.

As of 6:26 PM EDT, market futures are Green. For more targeted insights and timely alerts, make sure to check us out at alertsandnews.com Don’t forget to use the promo code BLACKFRIDAY for 40% discount on all our packages. Getting the team the first mover advantage. Get informed first with your command center for the markets. Don’t let the next big opportunity pass you by! Join the team today!

DISCLAIMER

The forum, blog, watchlist and chatrooms on the Site are comprised of customers and members (including, without limitation, moderators who are in the employ of Alerts and News) posting content and information. All such information and content is for informational purposes only and does not constitute advice or a recommendation by Alerts and News to enter into any securities transactions or engage in any of the financial strategies reflected on or suggested in forum, blog, watchlist and chatrooms (whether such data, content or information is posted by Alerts and News or otherwise). Customers and members may write about securities in which they have a financial or other interest, and performance data reflecting other customer’s or member’s holdings may include information about securities not held by Alerts and News or its directors, officers, shareholders, employees, agents or affiliates. As such, Alerts and News is not responsible for the accuracy of data, content or information or any performance data in any forum, blog, watchlist and chatrooms; and the accuracy of data, content or information or any performance data are not guaranteed, may not be current and should not be relied upon. Nothing in any forum, blog, watchlist and chatrooms is intended as, nor should you rely on it as, investment advice provided by Alerts and News or its directors, officers, shareholders, employees, agents or affiliates. AlertsAndNews receives cash compensation for referring potential clients to Benzinga LLC via advertisements placed on their website. AlertsAndNews’s opinions are their own.

Take your trading to the next step!

Try a trial – for less than a cup of coffee

Shopping Cart
Scroll to Top