Sell the news?

Futures sink after rate-decision

Good morning, Jay here.

Swing trade LQMT rose +8.63% Wednesday on 329,847 volume. There are many catalysts here, but the licensing deal with AAPL has the biggest potential. My goal is $.15 - $1+.

Swing trade VRAX had good news Wednesday and hinted of more to come. Shares rose +24.16% on 4,587,200 volume. My goal is $.80 - $2.

Swing trade QQQ put options looks like it’ll open green with /NQ down nearly -1% this morning. There's a range to $359 if the selloff accelerates.

Swing trade TSLA put options and bear call option spread should be up a lot if TSLA stays under $250, which I think it will. I think this will settle near $240.

For new swing trades I am watching GRPN from $4.50 - $6, there’s good support at $4. GSIT if it breaks and holds $8 for a move to $10. OTLY from $2 - $2.50 and wouldn’t be shocked to see $3 soon. Finally, VERI around $4, range to $6. Small-cap futures are red Thursday morning and my thought is that escalates, allowing for good dip entries on these ideas.

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Jay

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