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Macro Review: A Stable Market Ahead

Global markets opened on a stable footing this morning, with major indices flashing green as traders assess key levels. The S&P 500 (SPY) and Nasdaq 100 (QQQ) remain above key moving averages, while the Russell 2000 (IWM) continues to hold its 20-day moving average, signaling potential strength in small-cap stocks. Bond markets are also showing resilience, with TLT (Treasury ETF) and gold maintaining stability.

For a full breakdown of today’s pre-market prep session, watch our latest video here. 🎥📈

Several earnings reports are influencing pre-market sentiment, including Taiwan Semiconductor (TSM) and Lowe’s (LOW). Meanwhile, small-cap investors are keeping an eye on AIOT, a stock introduced to our community by "The Godfather," which is up nearly 9.5% this morning.

On the options side, select gold lottos—held into this week—are showing early signs of promise. However, traders are cautious with several small-cap offerings announced today, including INVZ (down 17%) and BOLT (down 14%), as they assess dip-buying opportunities.

With this broader backdrop in mind, let’s dive into today’s top stock picks, ranked by conviction level, based on our four-pillar process.

Top 5 Stocks for Today

Teladoc Health Inc. (TDOC) 

📊 Type: Swing

⚡️ Catalyst: Teladoc has been quietly gaining traction as investors rotate into former high-flyers that are showing early signs of recovery. Citron Research recently argued that Teladoc is on the verge of profitability, which could trigger renewed institutional interest.

❤️ Sentiment: The stock is seeing increasing short-squeeze potential, similar to what we witnessed in stocks like APPS and Peloton in previous weeks.

📈 Fundamentals: While not independently verified, Teladoc is approaching a key inflection point in profitability. If this trend holds, we could see a valuation re-rating.

📊 Technicals: The stock is breaking above its 50-day moving average, with resistance at $14.30. A clean breakout could push it towards $17+ in the coming weeks.

SenesTech (SNES) 

📊 Type: Event Play

⚡️ Catalyst: Earnings report incoming, and the company just announced an expansion of its e-commerce footprint, adding its rodent control product to TractorSupply.com alongside existing Amazon and Walmart listings.

❤️ Sentiment: This stock has strong relative strength, closing above key support levels even during broader market dips. The upcoming Wolf Financial Panel featuring the CEO could introduce it to a wider investor base.

📈 Fundamentals: Strong quarter-over-quarter sales growth (27% increase on Amazon). The company is expanding into high-growth verticals, making it a small-cap with improving fundamentals.

📊 Technicals: The stock hit $3.70 resistance exactly as forecasted, and the next upside target is $4.20.

Nebius Group NV (NBIS) 

📊 Type: Momentum Play
🎯 Target: $41-$43.50

⚡️ Catalyst: Unusual price action and accumulation signal potential institutional positioning ahead of upcoming earnings. This is one of our highest conviction plays for today.

❤️ Sentiment: Retail awareness of MBIS remains low, but volume spikes suggest whispers of institutional upgrades or analyst re-ratings.

📈 Fundamentals: The company operates in a high-growth tech sector, though recent price action is being driven more by speculation than hard fundamentals.

📊 Technicals: The stock is testing key resistance at $39.25-$39.50. If it clears this range, the next move should push it toward $41-$43.50.

Pitney Bowes (PBI) 

📊 Type: Earnings Run-Up

⚡️ Catalyst: Earnings are set for tomorrow, and the market could start pricing in an anticipation run today.

❤️ Sentiment: The stock remains under the radar, but its core business could see a positive re-rating if earnings show any sign of operational turnaround.

📈 Fundamentals: The company’s legacy logistics business still has upside potential, and there’s a long-term thesis around its T-Zero blockchain technology.

📊 Technicals: Key levels to watch: $5.75 breakout leading to $6.00+. If momentum builds, traders may start taking profits before earnings.

Tesla (TSLA) 

📊 Type: Value & Sentiment Play
🎯 Target: $370+

⚡️ Catalyst: While no immediate catalyst is in play, Tesla is at a valuation inflection point, making it attractive for a high-conviction swing position.

❤️ Sentiment: The market remains divided, but history suggests strong support at $360. If the bounce holds, we could see a sharp move to $370+.

📈 Fundamentals: The stock has underperformed recently, but its core growth story remains intact.

📊 Technicals: Holding above $360 support is key. A bounce here could lead to a re-test of $370-$380 in the coming sessions.

Secondary Watchlist

While our top five picks represent the highest conviction, several other stocks could present intraday opportunities:

• Beyond (BYND): Earnings speculation and potential short-squeeze setup.
• Byrna Technologies (BYRN): Strong relative strength—watch for dips.
• Innoviz (INVZ): High risk, but dip-buyers could step in.
• Super Micro Computer (SMCI): Watching for a break toward $39.80.

Closing Thoughts

Today's pre-market setup offers a mix of swing plays, momentum trades, and earnings run-ups. Whether it's Teladoc's breakout, Synestek's catalyst, or NBIS's unusual action, traders have a range of opportunities to capitalize on.

If you want real-time analysis and trade alerts before the market reacts, consider joining our StoryTrading Discord community. With our four-pillar approach, we’ve built a track record of precision and conviction-based trades that consistently outperform. 🔥📈

📌 Join us today and use code TALKMARKETS for 50% off the first month: StoryTrading Discor

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