| *together with Brooks Enterprises | Good morning, 360! | Don't forget to join us today for LIVE trading in the Market Master's Room — as well as for DAY #2 in Options Bootcamp TONIGHT at 7pm EST (invite a friend 👯). Be the best prepared traders on the Street! | | FOCUS LIST🔎 | SILO - Up over 100% in the pre-market after securing exclusive global license for Alzheimer's Therapeutic | CDT - Up over 50% in pre after receiving patent approval for its lead asset targeting autoimmune diseases | | | | HOTLIST🔥 | SILO - Up over 100% in pre after securing exclusive global license for Alzheimer's Therapeutic | Silo Pharma Inc. (SILO) operates as a developmental stage biopharmaceutical company. The company is developing therapeutics that address underserved conditions, including stress-induced psychiatric disorders, chronic pain conditions, and central nervous system (CNS) diseases. | In the pre-market this morning the company announced that it has entered into an exclusive global license agreement to further develop, manufacture, and commercialize its Alzheimer's drug SPC-14. Silo intends to utilize the FDA's streamlined 505(b)(2) pathway for SPC-14, which would shorten clinical timelines and reduce drug development costs. | "In our view, our exclusive license for SPC-14 gives us the potential to meet a large unmet medical need. If approved, we believe SPC-14 could bring hope and relief for many families and patients. Early pre-clinical studies have shown stress reduction and cognitive improvement," said Silo CEO Eric Weisblum. | The stock traded up over 60% in the pre-market in reaction to the news. | | The first target for bulls is the pre-market high $2.52. | Beyond that, $2.57, $2.86, $3.05, $3.40 and $3.98 come into play. | Below $2.52, targets to the downside are $2.25, $2.08, $1.80, $1.60, $1.40, $1.20 and then a gap fill at $1.07. | | CDT - Up over 50% in pre after receiving patent approval for its lead asset targeting autoimmune diseases | Conduit Pharmaceuticals Inc. (CDT) is a clinical-stage specialty biopharmaceutical company that develops pharmaceutical products that provides unmet medical needs in the areas of autoimmune diseases and idiopathic male infertility. | In the pre-market the company announced the approval of a composition of matter patent application by IP Australia, achieving successful examination of a patent on its lead asset, an HK-4 Glucokinase Activator which targets a wide range of autoimmune diseases. | Conduit believes it is more likely to receive subsequent approvals in other markets. | Through innovative solid-form technology, Conduit's R&D team identified cocrystals of its lead asset, AZD1656, a HK-4 Glucokinase Activator which offers promising solutions across a broad range of autoimmune conditions. "Cocrystals are by their very nature unexpected. Creating these cocrystals and obtaining meaningful patent protection for them, highlight the expertise and strategic effectiveness of Conduit's science and approach to drug products," according to Jeffrey A. Lindeman, Ph.D., the Company's consultant on cocrystal intellectual property. | The stock traded up over 50% in the pre-market in reaction to the news. | | The $0.40 area acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $0.43, $0.47, $0.49, $0.50 and then the pre-market high at $0.5393. Beyond that, $0.60, $0.80 and $1 come into play. | Below $0.40, targets to the downside are $0.35, $0.30 and then a gap fill at $0.24. | | | | MARKET NEWS 📰 | | | 👊 Make sure you are getting my mobile text alerts – text "RAGE" to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (make sure you put the "1" at the front!). Don't miss out! | | Questions or concerns about our products? 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