Fresh information to help you navigate financial markets, by a pod of seasoned farers of the sea of stocks and markets. Worth a look every day.
Last updated -
March 4, 2025
Last updated -
March 4, 2025
Last updated -
March 4, 2025
Stocks were trampled by Trump’s late-day comments that tariffs against Canada, Mexico, and China that were locked and loaded would, in fact, be fired down range today– T Day. Earlier in the day the Institute for Supply Management (ISM) released its influential manufacturing PMI that slipped closer to contraction than expected due to a decline in orders. Stocks didn’t even have a chance, bond yields declined on increased recession fears, inflation, and flight to quality.
Some interesting finds from our WALE Report algo
Last updated -
March 4, 2025
Amphastar is catching eyes with a VOLUME BREAKOUT and SMALL FLOAT, making it a prime candidate for a bullish run. Despite a recent dip of 3.2%, the stock's technical indicators suggest it might be gearing up for a rebound. The company recently announced it will release its fourth-quarter earnings on February 27, 2025, which could provide further insights into its financial health. (Biospace)
Alpha Metallurgical is showing strong signals with HIGH SHORT INTEREST and being in an OVERSOLD territory. The stock's recent 4.3% decline could be an overreaction, presenting a potential buying opportunity for those looking to capitalize on a short squeeze.
Dillard's is on the radar with a significant VOLUME BREAKOUT and SMALL FLOAT, indicating increased investor interest. The recent 5.7% drop might be a setup for a bounce-back, especially if the volume trend continues.
Helen of Troy is exhibiting characteristics of being OVERSOLD with a SMALL FLOAT, making it a potential candidate for a reversal. The stock's 2.5% decline could attract value investors looking for a turnaround play.
Pulse Biosciences stands out with a VOLUME BREAKOUT and HIGH SHORT INTEREST, suggesting a possible short squeeze scenario. The recent 2.4% dip might be an entry point for those anticipating a surge. Notably, the company appointed Paul LaViolette as Chief Executive Officer on January 10, 2025, which could signal strategic shifts ahead. (Pulse Biosciences Investor Relations)
Assertio is making waves with a notable VOLUME BREAKOUT and SMALL FLOAT, indicating heightened investor activity. The stock's recent performance shows promise, but caution is advised due to its inherent volatility. Previously, the company addressed allegations from an activist investor, calling the claims "baseless," which might have influenced investor sentiment. (Fierce Pharma)
BigBear.ai is attracting attention with HIGH SHORT INTEREST and being in an OVERSOLD state. This combination could lead to a short squeeze, offering potential gains for risk-tolerant investors. The stock recently hit a new 52-week high after securing a government contract, showcasing its growth potential. (Nasdaq)
Vinco Ventures is on the radar with a VOLUME BREAKOUT and SMALL FLOAT, suggesting increased trading activity. While the stock has faced challenges, these indicators might signal a turnaround.
Blackboxstocks is showing signs of being OVERSOLD with HIGH SHORT INTEREST, presenting a potential opportunity for a rebound. Investors should monitor this stock closely for any signs of a reversal.
Better Therapeutics stands out with a VOLUME BREAKOUT and SMALL FLOAT, indicating a potential surge in interest. The stock's recent movements suggest it could be poised for a breakout.
Headlines & market moves worth watching
Last updated -
March 4, 2025
ASX Dives on Latest Trump Development
Source: ********news.com.au, March 4, 2025
The Australian stock market took a hit, with the ASX200 index dropping 0.58% to 8,198.10, as President Trump's confirmation of 25% tariffs on imports from Mexico and Canada, along with 10% levies on Chinese goods, sent shockwaves through global markets.
US Dollar Weakens Amid Rising 'Trumpcession' Fears as Tariffs Kick In
Source: ********The Guardian, March 4, 2025
Concerns about a potential "Trumpcession" have emerged as new tariffs on imports from Canada, Mexico, and China take effect, leading to a weaker US dollar and fears of stagflation.
Walgreens Nears $10 Billion Deal to Go Private; Stock Surges
Source: ********Barron's, March 4, 2025
Walgreens Boots Alliance is close to finalizing a buyout deal with Sycamore valued at approximately $10 billion, causing its stock to rise 6.6% to $10.94 in premarket trading.
Tesla Stock Falls Amid 'Buyers Strike' Concerns
Source: ********Barron's, March 4, 2025
Tesla's stock declined early Tuesday, influenced by a "buyers strike" and concerns over CEO Elon Musk's political activities potentially alienating core buyers.
Wall Street Hit by Trump Tariffs on Canada and Mexico
Source: ********Reuters, March 3, 2025
Wall Street's main stock indexes fell sharply after President Trump announced the commencement of 25% tariffs on Canada and Mexico, effective from the next day, leading to investor concerns about economic uncertainties.
Dow Drops Nearly 650 Points on Worries That Trump's Latest Tariffs Will Slow the Economy More
Source: ********Associated Press, March 3, 2025
U.S. stocks fell sharply after President Trump's announcement of imminent tariffs on Canadian and Mexican imports, erasing significant gains since his election and raising concerns about economic slowdown.
Headlines & market moves worth watching
Last updated -
March 4, 2025
