| Hello Traders, | Ton's to unpack in today's market movements, particularly in quantum stocks, which experienced massive pullbacks. Additionally, major U.S. stock indexes saw some stabilization though they failed to maintain early gains after the Federal Reserve revised its outlook for interest rates and inflation, which had previously triggered a steep selloff. | The Dow industrials edged up slightly by 15.37 points to 42,342.24, breaking a 10-day losing streak, the longest since October 1974. | The S&P 500 and the Nasdaq Composite both experienced minor losses, down less than 0.1% and 0.1% respectively. | Today's Highlights: | Quantum stocks like QUBT saw a dramatic red day, never turning green, marking a substantial pullback. BTQQF continued its downtrend, suggesting potential for those looking to short, but keep an eye out for a bounce as it's still a main OTC quantum player. NUKK presented a surprising post-offering gap up, a rare opportunity that savvy traders capitalized on in pre-market trading.
| Top Watches for Tomorrow: | Expect potential bounces across quantum stocks due to the size of today's pullbacks. For example, QUBT could drop to around $12 and then possibly bounce back to the $15-16 range, offering a significant percentage gain. WKEY, after three red days, is now primed for a potential 50% rebound to the $9-10 level, making it a key stock on our radar. Keep an eye on VRAR for potential short-term trades, having shown volatility with a sharp rise to $7 followed by a decline.
| Special Watch: | Friday's session could bring heightened activity, especially with low float stocks like NUKK potentially squeezing. The end of the week often sees dynamic moves, so prepare for anything from short squeezes to rapid pullbacks. Stocks like OPTX and PRTG are waiting for their first green days, with volume being a critical factor to watch.
| Be ready for quick moves. The market is not forgiving to those who hesitate, but it rewards those who are prepared. Our focus remains on the volatile players that have shown significant movements today. | Let's stay sharp and capitalize on these opportunities. Remember, it's all about timing and execution. | 2 Cards Charging 0% Interest Until 2026 | | Paying down your credit card balance can be tough with the majority of your payment going to interest. Avoid interest charges for up to 18 months with these cards. | Learn More |
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