And if it manages a strong bullish move, we can bet the momentum will trickle down to the small-cap market.
That's where to biggest moves are. That's where we wait.
Keep an eye on key runners from this week that are still consolidating. These stocks have a chance of spiking further …
- Stitch Fix Inc. (NASDAQ: SFIX) is trading sideways under a key $5 level. The company reported bullish quarterly earnings yesterday and spiked almost 40%.
- Farmer bros. Co. (NASDAQ: FARM) announced an acquisition yesterday and the stock is consolidating above $3 after more than a 90% spike.
And there will be new spikers tomorrow morning that we have no way of watching …
Lots of professional traders use AI scanners to find stocks before the spike gets overextended. It's a viable plan and could even help relieve some of the pressure each morning.
Get ready for a decisive day tomorrow.
Clear your schedule and keep an eye on the market sentiment.
A breakout will likely bring stronger spikes. If the price falls lower, we've got to play it a bit more conservatively.
We'll drop in tomorrow with some mid-day picks.
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