July 15, 2019
Hello there! Below is your edition of this week’s newsletter. We hope you have a great trading week!
Not a member? Start a one-week free trial today!
Current Futures
DOW:
+5.00 (+0.02%)
S&P 500:
-0.25 (-0.01%)
NASDAQ:
-0.75 (-0.01%)
BITCOIN:
-1280 (-11.00%)
GOLD:
+4.10 (+0.30%)
Stocks To Watch This Week
GLPG
Galapagos NV ($GLPG) is a Biotechnology company in the Healthcare sector. The company released news this evening, stating that Gilead has entered into an agreement with the company, and in turn increasing their stake in GLPG from 12.3% to 22% (Marketwatch). This is an incredibly positive news catalyst, as the company is set to receive $5.1 billion as part of the agreement. I expect some profit-taking after the morning run-up, and plan to dip buy this around mid-day at the $144.50 natural resistance level!
MCRN
Milacron Holdings Corp. ($MCRN) is a Diversified Machinery company in the Industrial Goods sector. This low-float midcap stock ran Friday morning, after releasing news of a proposed acquisition from Hillenbrand (their stock price fell through-out the day). The buyout proposal is actually a premium for MCRN, which is why the price action was bullish. I expect this momentum to carry into Monday, and plan to day trade this over the $17.25 natural resistance level for the breakout!
Want more picks? Try us free for seven days!
Share Our Newsletter With The World!
Earnings Calendar
Quote of the Week
“Nobody in life gets exactly what they thought they were going to get. But if you work really hard and you’re kind, amazing things will happen.”
– Conan O’Brien
$SPCE moving and holding here in after hours. WW👀
Read More$WKHS 👀👀👀
Read More$BA over 183.50 nice intraday retrace breakout
Read MoreInstitutional financing news $WKHS
Read MoreAlmost identical charts and closes today with bull flags setup perfectly for tomorrow on $RCL $CCL and $NCLH https://t.co/OW6rQMl8lu
Read More
$WKHS big after hours mover. Blue sky breakout. 55 mil share float.
Read More$PINS weekly $22.50’s relatively cheap here at .45. Breaking recent downtrend.
Read More