Image Source: Unsplash

Macro Review: Stability Amidst Earnings Volatility

As we step into Thursday’s session, the broader market continues to exhibit resilience, with SPY and IWM holding steady. TLT, which we previously flagged as a play at $87.55, has now pushed even higher, reinforcing the positive sentiment in bonds and lowering interest rate fears. The market’s steady climb provides an ideal backdrop for individual stock picks, particularly those benefiting from strong catalysts.

While macro conditions remain favorable, earnings volatility continues to be a key driver in pre-market moves. Companies reporting substantial beats, such as Peloton (PTON) and Digital Turbine (APPS), are attracting momentum traders looking for high-reward setups. On the flip side, disappointing earnings from Roblox (RBLX) and Viking Therapeutics (VKTX) highlight the risk in holding through earnings season.

For a full breakdown of today’s pre-market discussion, watch our Pre-Market Prep Show here.

With that in mind, let’s dive into today’s top plays.

🔥 Top Pre-Market Picks – February 6

AST SpaceMobile (ASTS) 

📊 Type: Swing
🎯 Target: $25.85 → Potential Run to $29.40+

⚡️ Catalyst: Once again, ASTS headlines our list, continuing its explosive five-day run from $18.50 to $25.33. This morning, analysts at Cantor Fitzgerald assigned an overweight rating and a $30 price target, further fueling bullish momentum.

❤️ Sentiment: Retail and institutional FOMO remains high, as this stock has been a daily winner. Short squeeze potential is still in play, and with momentum traders eyeing gamma squeezes, this rally is far from over.

📈 Fundamentals: AST SpaceMobile is pioneering satellite-to-mobile connectivity, disrupting traditional telecom models. The company’s progress has drawn attention from institutional investors, bolstering confidence in long-term execution.

📊 Technicals: RSI remains relatively low despite the recent run, indicating there’s still room for upside. Immediate resistance sits at $25.85, followed by a broader price target range of $29.30 to $29.40. If momentum holds, ASTS could see a test of the $30 mark in the coming days.

Pitney Bowes (PBI)

📊 Type: Swing
🎯 Target: Anticipation Ramp into Earnings on February 11

⚡️ Catalyst: Earnings are scheduled for next Tuesday, February 11, and historical trends suggest PBI has the potential for a strong pre-earnings run-up. Large institutional purchases in previous sessions reinforce this setup.

❤️ Sentiment: There is growing excitement about a potential earnings surprise, with traders positioning ahead of what could be a strong move.

📈 Fundamentals: While PBI has been a slow-moving stock, its undervaluation and earnings momentum create an asymmetric risk-reward profile.

📊 Technicals: PBI is currently consolidating near a breakout level. Any sudden accumulation could trigger a 50-cent+ spike, making this an attractive pre-earnings trade.

Peloton (PTON)

📊 Type: Momentum Trade
🎯 Target: $9.05 - $9.29

⚡️ Catalyst: 22% revenue beat on guidance sparked a high short-interest rally, making this a classic earnings inflection play.

❤️ Sentiment: As a former high-flyer, Peloton attracts retail traders when showing signs of a turnaround. This quarter’s earnings beat revives the narrative of Peloton making a comeback.

📈 Fundamentals: Still a loss-making company, but cost-cutting efforts and revenue improvements indicate the business is stabilizing.

📊 Technicals: Resistance at $9.29 aligns with key candle resistance and the 50 DMA at $9.05. Expect high volatility as shorts attempt to unwind.

Digital Turbine (APPS)

📊 Type: Swing
🎯 Target: $3.50 - $3.70

⚡️ Catalyst: Biggest revenue and profit beat since its peak, suggesting a potential multi-quarter turnaround in play.

❤️ Sentiment: Not a high-profile stock at the moment, but short interest is high, making it a sneaky breakout candidate if volume increases.

📈 Fundamentals: While APPS remains a restructuring story, its cash flow positivity and debt paydown show long-term sustainability.

📊 Technicals: Opening above multiple gaps, making a move to $3.70 possible, but conviction is lower than on our top picks.

Richtech Robotics Inc. (RR)

📊 Type: Speculative News Trade
🎯 Target: $2.55 - $2.88

⚡️ Catalyst: The company announced a Las Vegas restaurant launch with robotic servers.

❤️ Sentiment: "X" pump potential – certain influencers are pushing this stock, which could drive short-term momentum.

📈 Fundamentals: A speculative name with low conviction fundamentals, but potential for large moves if retail traders pile in.

📊 Technicals: $2.55 resistance needs to break for further upside. Current pre-market action is muted, indicating risk.

Honorable Mentions:

• ARBE – 10% pre-market move with rumors of a BYD partnership. Needs confirmation before acting.
• ZIM – Up in sympathy with shipping sector strength.

Final Thoughts – Trade Smarter, Not Harder

Every day, the market offers fresh opportunities, and today's session is no different. ASTS remains the undisputed leader, while PBI offers a great pre-earnings setup. Peloton and APPS present compelling post-earnings plays, and RR serves as a speculative wildcard.

💡 Want to trade with us in real-time and access our top pre-market picks?
Join our trading community and get 50% off your first month with code TALKMARKETS!
📲 Sign Up Here

More By This Author:

Market Movers: The Insider's Guide To Today's Hottest Trades
Light PPI Sparks Optimism: Today’s Must-Watch Stocks
Maximize Your Trades: Pre-Market Insights And Key Stock Breakdowns