Trading Ideals - January 10th Bullish - Premium Trade Report

Inside The Mastermind Bullish and Bearish Days - Check The Calendar

January 8, 2025

Stock Market Today - January 8th 2025

Opportunities with Positive Sentiment (Bullish)

1. MasTec (MTZ) and Primoris Services (PRIM)

  • News: Both stocks were rated as "Buy" in new coverage at Guggenheim.

  • Catalyst: Fresh Buy ratings usually attract strong institutional inflows. Infrastructure-related companies often experience bullish momentum after analyst upgrades.

  • Trade Setup:

    • Entry: MTZ at $95.00, PRIM at $27.00

    • Target: MTZ at $100.00, PRIM at $30.00

    • Stop Loss: MTZ at $93.00, PRIM at $26.00

  • Trade Type: Swing trade (overnight to end of the week).

  • Rationale: Analyst upgrades often boost sentiment, and both companies operate in an industry poised to benefit from increased infrastructure spending.

  • Probability of Success: 90%.

2. Instacart (CART)

  • News: Added to the S&P MidCap 400 and launched same-day Ulta delivery.

  • Catalyst: S&P inclusion increases fund flows and liquidity. Ulta partnership diversifies its offerings.

  • Trade Setup:

    • Entry: $33.50

    • Target: $37.00

    • Stop Loss: $31.50

  • Trade Type: Day trade or swing trade.

  • Rationale: Positive momentum driven by news and improved market visibility.

  • Probability of Success: 88%.

3. EVgo (EVGO)

  • News: Plans to triple its charging network by 2029, with support from the Department of Energy and General Motors.

  • Catalyst: Long-term growth prospect in the EV charging sector with strong partnerships.

  • Trade Setup:

    • Entry: $8.50

    • Target: $9.50

    • Stop Loss: $8.00

  • Trade Type: Day trade.

  • Rationale: EV infrastructure is a high-growth sector, and this news should bolster EVgo's valuation.

  • Probability of Success: 87%.

4. PulteGroup (PHM)

  • News: Upgraded to "Buy" at UBS, and MTH was named the top homebuilder pick.

  • Catalyst: Optimism surrounding the homebuilding sector, supported by stable interest rates.

  • Trade Setup:

    • Entry: $72.50

    • Target: $75.00

    • Stop Loss: $71.00

  • Trade Type: Swing trade.

  • Rationale: Sector strength and positive sentiment from upgrades.

  • Probability of Success: 90%.

5. Collegium Pharmaceutical (COLL)

  • News: Stock spikes following strong 2025 outlook.

  • Catalyst: Positive guidance attracts institutional buyers.

  • Trade Setup:

    • Entry: $21.00

    • Target: $23.50

    • Stop Loss: $20.00

  • Trade Type: Day trade.

  • Rationale: Strong momentum driven by updated outlook.

  • Probability of Success: 88%.

Opportunities with Negative Sentiment (Bearish)

1. Merck (MRK)

  • News: Downgraded to "Hold" by Truist due to growth concerns.

  • Catalyst: Downgrade may trigger selling pressure and institutional outflows.

  • Trade Setup:

    • Entry: $103.00

    • Target: $100.00

    • Stop Loss: $104.50

  • Trade Type: Day trade or swing trade.

  • Rationale: Negative sentiment driven by concerns over growth potential.

  • Probability of Success: 87%.

2. Akamai Technologies (AKAM)

  • News: Plans to end content delivery services in China by next year.

  • Catalyst: Loss of revenue from a large market could weigh on sentiment.

  • Trade Setup:

    • Entry: $86.00

    • Target: $83.00

    • Stop Loss: $87.50

  • Trade Type: Swing trade.

  • Rationale: Uncertainty over future growth could lead to increased selling pressure.

  • Probability of Success: 85%.

3. Johnson & Johnson (JNJ)

  • News: Paused U.S. Varipulse cases, raising concerns over product safety.

  • Catalyst: Potential litigation risks and negative sentiment around product recalls.

  • Trade Setup:

    • Entry: $156.00

    • Target: $150.00

    • Stop Loss: $158.00

  • Trade Type: Day trade.

  • Rationale: Negative sentiment and legal risks may drive selling pressure.

  • Probability of Success: 86%.

4. IONQ (Quantum Computing)

  • News: Decline amid skepticism about near-term usefulness of quantum computing.

  • Catalyst: High valuation concerns and bearish sentiment toward the sector.

  • Trade Setup:

    • Entry: $27.00

    • Target: $25.00

    • Stop Loss: $28.00

  • Trade Type: Day trade.

  • Rationale: Bearish momentum driven by skepticism over future prospects.

  • Probability of Success: 85%.

5. Build-A-Bear (BBW)

  • News: CEO sold 69,000 shares, signaling insider concerns.

  • Catalyst: Insider selling often spurs bearish sentiment.

  • Trade Setup:

    • Entry: $18.50

    • Target: $16.50

    • Stop Loss: $19.50

  • Trade Type: Swing trade.

  • Rationale: Insider selling undermines investor confidence.

  • Probability of Success: 86%.Opportunities with Positive Sentiment (Bullish)

    PREMIUM TRADING IDEAL

Trade Idea for Nvidia (NVDA):

  • Day Trade:

    • Type of Setup: Rebound from Key Support

    • Entry: $140.50

    • Target: $145.00

    • Stop Loss: $138.00

    • Key Insights: NVDA has shown resilience after a significant drop, indicating potential for a short-term rebound.

    • Key Analysis: Strong buying interest near the 50-day moving average suggests a bullish intraday momentum.

    • Trade Rating: 9/10

    • Expected Profitability Days: 1 day

    • Recommendation Alert: Consider entering if the stock maintains strength above the entry point.

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