Image Source: Pexels

Macro Highlights 🌍📉

Yesterday's market action reflected seasonal trends, with indices continuing to show resilience despite mixed sentiment around NVDA earnings. As expected, tax-deferral activities and year-end momentum helped support broader markets. Gold confirmed its strength, rebounding from the 20-week moving average, while Bitcoin fell just shy of $100,000. The macro-environment set a favorable stage for stock-specific opportunities, particularly in the growth and speculative sectors.

If you missed yesterday's Pre-Market Prep, watch it here on YouTube for a full breakdown of the day's strategies and insights. 

Top Picks

SMCI – Super Micro Computer Inc.

• 📊 Type: Swing
• 🎯 Result: Hit intraday highs near $38, closing with an impressive gain of 8%.
• ⚡️ Catalyst: SMCI delivered on expectations following its Nasdaq compliance update. A massive short interest added fuel to the breakout.
• ❤️ Sentiment: Bullish momentum was amplified by strong retail and institutional participation.
• 📈 Technicals: Clear breakout above $29.50 with strong volume, confirming further upside potential.
• Summary: A textbook breakout that rewarded traders who followed our morning prep analysis.

RCAT – Red Cat Holdings Inc.

• 📊 Type: Swing to Long-Term
• 🎯 Result: Surged past the $8 level, posting over 100% gains for those who followed the play last week.
• ⚡️ Catalyst: $400M U.S. Army contract remains the key driver, with speculation about additional NATO contracts boosting sentiment.
• ❤️ Sentiment: This stock has officially entered meme territory, with retail investors dominating the narrative. Management’s transparency with funding strategies only added to the hype.
• 📈 Technicals: The previous resistance at $7.75 now acts as solid support, suggesting more upside in the weeks ahead.
• Summary: Those who joined our community last week and bought at $4–$5 are sitting on gains exceeding 100%.

PTON – Peloton Interactive Inc.

• 📊 Type: Swing
• 🎯 Result: Closed near $17.50, nearing the W-bottom technical target of $17.83.
• ⚡️ Catalyst: Activist involvement from David Einhorn continues to drive this turnaround story.
• ❤️ Sentiment: Renewed market optimism has made Peloton a compelling play for speculative traders.
• 📈 Technicals: Strong volume validated its bullish breakout, with further resistance expected near $18.
• Summary: A solid momentum play that rewarded traders who spotted the early technical setup.

ANF – Abercrombie & Fitch Co.

• 📊 Type: Swing to Event-Driven
• 🎯 Result: Climbed toward the $148 resistance level, setting up for a potential breakout into next week’s earnings.
• ⚡️ Catalyst: Positive earnings from GPS and ROST boosted sentiment for retail stocks.
• ❤️ Sentiment: Traders were reminded of ANF's past glory, adding to its pre-earnings anticipation.
• 📈 Technicals: Eyes remain on $148.06 as the key level to unlock the next leg toward $156.
• Summary: A strategic earnings play that remains poised for a sympathy run next week.

Big Wins for the Community

Yesterday’s plays delivered exceptional results, especially for those who followed our RCAT alert from last week. The stock’s meteoric rise from $4 to over $8 underscores the power of identifying stocks with catalysts, sentiment, fundamentals, and technical alignment. With more than 100% gains in just a few days, it was a highlight for the StoryTrading community.

Similarly, SMCI and PTON provided quick intraday gains, while $ANF positioned itself for a potential continuation into next week. The macro-driven setup we identified gave traders a significant edge.

Honorable Mentions

• OPTT, UMAC, PDYN: These microcaps, linked to RCAT's success, are gaining traction. While speculative, their association with RCAT's contracts could drive significant short-term upside.
• SQ (Square): A breakout to $110 is on the horizon, supported by robust options activity and growing social media chatter.
• GEO: Immigration-related plays like $GEO continue to show strength, making them long-term holds.

Don’t Miss Out Again!

This level of analysis happens every morning in our Discord community, where we identify top plays before the market opens. From multi-baggers like RCAT to swing plays like SMCI, our 4-pillar process ensures you’re always prepared to seize opportunities.

👉 Join the StoryTrading Community and get access to real-time insights like these every morning. Use code TALKMARKETS for 50% off your first month—don’t keep missing out on the market’s best plays!

More By This Author:

Money In Motion: Top Picks To Power Your Portfolio Today
War, Gold, And Opportunity: Uncovering Today’s Market Moves
From GLD To TSLA: Unlocking Today’s Best Trading Opportunities