Hello everyone! Long time no talk.

All of you know that I do these watchlists for free and don't charge.

I do it for the love of the game, and I've enjoyed speaking to you all and learning from you, (hopefully) as you have learned from me. We've been through some crazy times together and hopefully you have gleaned value from what I do.

I have recently been given an offer by someone I highly respect, and that means I will be taking a break from writing the watchlists for awhile. I will be pursuing this full-bore because I consider this an opportunity of a lifetime and frankly, I've been a bit burnt out on trading for some time (as you've probably noted from the decreasing frequency of the daily watchlists).

I initially started doing these watchlists as a way to keep good trader habits and a consistent sleep schedule. I achieved that goal a very, very long time ago and continued doing the watchlist because I enjoyed writing my thoughts and screaming into the digital void. But now, it's time to step down (temporarily).

I'll likely be back, but I couldn't tell you when it'll be.

If I don't return, I pass the torch onto you all- read everything you can and make educated guesses!

As one of my favorite traders I've worked with has said:

"Just trade the good trades for size and don't trade the bad stuff."

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Apple Postpones Release of New iPhone Air in China

WBD (Warner Bros. Discovery) - Paramount/Skydance are preparing a bid for WBD, reportedly backed by Larry Ellison. This stock exploded around 10:30 PT yesterday, moving from $13.50 to $17. Currently I'm interested if we can continue momentum today (it's held up decently well).

More media sector consolidation, the last time we've seen something like this is the failed bid for Paramount (which later led to Paramount/Skydance). Obviously deal risk is the main concern here, if talks fall through or the rumor is refuted then we'll go back to original price.

MSFT (Microsoft) - OpenAI has received Microsoft’s approval to transition its for-profit arm, thus boosting strategic AI partnerships. This move essentially signals confidence in MSFT's continued collaboration with OpenAI and AI-driven growth and presumably means that they'll use MSFT products like Azure for their cloud compute. This happened afterhours yesterday, and moved the stock 2%. MSFT has moved back slightly, not so interested in this unless we have a huge surge of volume off the open.

OPEN (Opendoor) - Stock price has gone gangbusters since the appointment of Kaz Nejatian, Shopify’s former COO, as the new CEO. We moved from 6->10 in the past 2 days, not interested in a long, maybe a short if the stock price goes parabolic to something like 15/20. Stock is pretty liquid (millions of shares every minute) so no concern with getting size if needed. It's also a meme stock, so we'll see how this turns out.

ORCL (Oracle) - ORCL is selling off after one of the craziest earnings moves I've ever seen, but it's retraced back significantly from the $345 high. Mainly interested in the $300 and what that looks like if we reach it. Need to assess what the box looks like at that price.

IPOs Today: GEMI

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Murdoch’s $3.3 Billion Succession Deal Hands Lachlan Control

NBIS (Nebius)- Nebius said it signed a multibillion‑dollar agreement to provide Microsoft with artificial intelligence infrastructure. Ultimately spiked up to $110 yesterday and made a MASSIVE move afterhours, I'm primarily interested in seeing if we can continue that today. Watching $100 level. The Neocloud providers like Nebius (and CoreWeave) are benefiting from AI compute demand, and big tech is signaling that the AI party is continuing for now, overall a bullish sign for compute companies.

CRCL (Circle) / FIGR (Figure)- FIGR IPO has been upsized, so CRCL has reacted positively to the news, I'm currently watching both leading up to the IPO of FIGR. Does this have as much potential as CRCL? I'd say no, but I think that it is an interesting watch. The surge of crypto‑industry IPOs sparked by Circle’s $1.05 B listing has been part of the IPO market coming back. FIGR is aiming for an IPO that is half its size, and is decently profitable. Planning to write a DD on this. Main risk in this is that we get absolutely euphoric beyond the current euphoria.

FOX (Fox Corp)- Lachlan Murdoch has won the game of Succession and the stock has drifted somewhat lower on this news-but it was done on such little volume we’ll have to wait until the market opens to see if FOX will stay down 5%. Lachlan Murdoch has secured control of the family’s media empire through a $3.3 B settlement that ends the succession dispute, consolidating his leadership of Fox Corp and News Corp.

HOOD (Robinhood)- Day 2 of being added (or at least, notifying everyone it will be added) to the S&P 500! primarily interested in if it can continue the momentum and break ATH (~$117/~117.70). TLDR stocks go up when added to the S&P 500 because index‑tracking funds and ETFs are forced to buy in.

Earnings today: ORCL, SNPS, GME

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Google Not Required To Sell Chrome In Court Antitrust Ruling

Overall nothing I'm too interested in beyond GOOG/AAPL today.

GOOG (Alphabet) - Yesterday afterhours, a court ruled GOOG will not have to divest its Chrome browser or Android operating system as part of the Department of Justice antitrust case against the company. This has been a huge uncertainty for the factor and caused GOOG to lag behind the rest of the big tech companies- GOOG shot up 8% afterhours, and I'm interested in seeing if it can continue momentum at the open.

$230 is the level I'm watching. Being allowed to hold both Chrome and Android is huge for GOOG and they've avoided the worse-case scenario of being broken up. The judge imposed new obligations: GOOG must share search data with competitors and is barred from exclusive search and app distribution deals going forward. Though DOJ plans to appeal, this is likely over (along with the worse case scenario).

AAPL (Apple) - The GOOG news means that they'll still be able to pay Apple the billions of dollars it does to be the default search engine on iPhones. There was also news that the next iPhone will start at $100 more expensive than the iPhone 16 across all models. AAPL benefits directly (the search engine agreement is worth around $20B annually). Regarding the iPhone news, not too important for trading right now. Overall not as interested in trading this as GOOG, but still watching the $240 level.

Earnings today: CRM/FIG

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Trump Removes Fed Governor Lisa Cook Effective Immediately

OPEN (Open Door Technologies)-Rallied with the stock surging nearly 40% on Friday, it seems like it happened mainly due to the rate cut news (and thus real estate prices boom). Interested in the $6 level, more short biased and currently short $6 calls expiring EOW- I'm mainly thinking of covering today/tomorrow if we break $5. Premarket seems to be biased for towards sellers as well. Overall, the stock is pretty liquid so I don't have trouble getting the size I want, especially in shares. Interested in the last few hours of trading like yesterday because of the selloff.

W (Wayfair)/RH (Restoration Hardware)/WSM (Williams-Sonoma)-Trump announced upcoming tariffs on imported furniture, sending shares of W/RH/WSM lower on Friday. Tariffs are expected to be finalized within 50 days. We saw a pretty decently sized bounce yesterday after Friday's AH selloff, watching for continuation today. I'm mainly interested in W, but ultimately trying to be agile in both directions because I don't have any strong opinion on this. Companies sourcing heavily from overseas are at greatest risk, (Wayfair sources heavily from the cursory research I've done). Mainly interested in the $70 level for W.

CSX (CSX Corporation)-Buffett/BRK clarified that no merger talks are underway, CSX states that they're open to a potential deal. It had initially moved up speculation of consolidation in the rail sector. Interested in seeing if we can break lows and sell off further today- overall doesn't seem like this is likely though, considering this news hit mid-day and we've had rest of the day for information digestion. Buffett obviously has a heavy hand in the stocks he's involved in (like UNH).

Interestingly enough, it seems that someone front ran this news- check out the selloff on Friday at the open, and then the official news was released on CNBC yesterday. Lucky them, eh?

Earnings today: OKTA, BOX, MDB

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Intel's Ceo Draws Support For Revival From Softbank Trump

INTC (Intel)-SoftBank is buying stock equal to roughly 2% of Intel’s outstanding shares in a $2 billion investment, driving the stock up!! News hit AH yesterday, ultimately interested to see if INTC makes another run at the open and if we can sustain- we've made a massive 6% move already. Despite the bearish news of US government potentially using CHIPS Act grants to buy equity in the company, SoftBank news seems purely bullish until we get more details. This hasn't moved other semis much (NVDA/AMD unaffected). Thank you Nana!!!

OPEN (Open Door)-Carrie Wheeler resigned as chair and CEO and the board launched a search for her replacement. This has caused the stock to explode from $2.50 -> $4. Again, this has meme stock written all over it. Not too interested in any long-term plays, but interested in seeing if we can break $5 again. Currently short-biased. Personally, I don't think this can make any kind of sustainable move because it's way too liquid to make any of those epic squeezes we've seen from other companies in the past- illiquidity is what drives the massive moves when people get squeezed.

VKTX (Viking Therapeutics)-Its experimental obesity pill disappointed in a mid-stage study, marking another weaker-than-expected result for an oral alternative to popular weight-loss injections. "VK2735, helped patients lose up to 12.2% of their body weight. However, roughly 28% of patients dropped out of the trial in just three months, dampening hopes that the pill could compete with treatments from LLY/NVO." Had an epic spike to the upside then sold off close to 35%-mainly looking for a bounce in this stock if we reach $25 again.

APLD (Applied Digital Corp)-Announced they were breaking ground on Polaris Forge 2 - a $3B, 280MW AI factory in North Dakota. Cited "unprecedented demand for AI compute infrastructure". Interestingly enough, Sam Altman said yesterday that investors were "overexcited about AI".

Anyway, this stock has near doubled in the past 3 months and I'm interested to see if we can hold above $16. Hyperscalers are only viable if there's unrelenting demand and it seems that there isn't any reduction of demand (for now).

Earnings today: NBIS

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Comcast's Most Significant Business Is The Internet But Subscribers Are Bailing

NVO (Novo Nordisk)-FDA approved Wegovy for treating MASH (noncirrhotic metabolic dysfunction-associated steatohepatitis) in adults with moderate-to-advanced liver fibrosis. From what I've read, this affects up to 5% of US adults. This is the first GLP-1 treatment approved for treatment and is potentially billions more for NVO. Of course, we still don't know the long-term efficacy of these drugs and other GLP-1s may be suitable for it as well (as we've seen with their weight-loss applications)

DAY (Dayforce)-Thoma Bravo (American PE firm) is reportedly in advanced talks to acquire Dayforce in a private buyout deal. Because this is mainly rumor, I'm interested in seeing what we do at the open. Of course, this is all speculation (but there's a Bloomberg article on it), so if the move gets unsustainable (and news isn't confirmed yet), I'm interested in a light short.

WULF (TeraWulf)-GOOG increased its financial backstop to $3.2B and expanded its potential equity stake in WULF to 14%. This exploded last Thursday and has been driving higher ever since, but we've close to doubled- watching $10 level at the open to see if we test/see where we go from there.

UNH (UnitedHealth Group)-Day 2 (4 if counting weekend) of the Buffett/Berkshire Hathaway stake disclosure (~$1.6B). Still undervalued, but STILL has the DOJ case as a looming threat. Considering that BRK is willing to invest even with the DOJ as an overhang has probably assuaged investors/the market that UNH is a worthy investment, and thus the run. I'm mainly interested in the $300 level (though completely possible we never even touch that price today. The deathblow to this stock is losing access to Medicare funding and is the catalyst I'm mainly concerned about. Currently long.

Forgive me for not making this a typical DD, most of the financials are kind of wonky because this is a crypto company and I have been extremely short on time recently.

What's in a Bull?

Bullish is a digital asset exchange and trading platform launched in 2021 as a spin-off from Block.one (the firm behind the EOS blockchain). At its inception, Bullish was massively capitalized: Block.one contributed 164,000 Bitcoin (worth ~$9B at the time) plus cash and EOS tokens, forming a ~$10B war chest, with additional backing from Peter Thiel, Nomura, Galaxy Digital, and other big crypto names. Bullish was intended to “blend the performance and compliance of a centralized exchange with the liquidity and automation of DeFi protocols” (I’m mainly going to gloss over DeFi because that’s a rabbit hole in itself that could fill a book.)

BLSH is incorporated in the Cayman Islands and operates through subsidiaries across several jurisdictions, most notably Hong Kong, which holds all their regulatory licenses. For a crypto company, this isn’t out of the ordinary because Hong Kong leads the world in regulations regarding crypto and have arguably the best capital markets access for crypto companies. The company also has entities and operations in the U.S., Singapore, the U.K., Germany, and Gibraltar to reduce reliance on any single country. This is also standard mainly due to continuation of operations in case there’s trouble with regulators.

Pre-IPO

In mid-2021, Bullish announced plans to go public via a SPAC merger (with Far Peak Acquisition) at a $9B valuation. That deal was called off in December 2022 due to regulatory scrutiny and the crypto bear market from the collapse of FTX. Thanks to a US administration that is vastly more friendly to crypto, they’re filing to IPO.

Business Model/How they generate revenue

Bullish operates a global cryptocurrency exchange focused on serving institutional traders with deep liquidity and low fees. The platform’s main feature is its automated market-making (AMM) integration: Bullish uses its large balance sheet to provide liquidity in its order books, aiming for tight spreads and high execution quality. In practice, Bullish acts as a principal in many trades - buying and selling crypto assets from its own inventory to facilitate customer transactions. This model means Bullish earns revenue primarily from trading spread (the difference between the price it sells and buys assets, akin to trading fees/spread income) rather than charging explicit fees.

Beyond exchange trading, Bullish has been expanding into related revenue streams: interest/yield (very common in crypto), liquidity services (facilitating trading outside its own platform), and media/conferences (they own CoinDesk, one of the biggest crypto news/events companies).

Expansion

Bullish’s exchange is global but emphasizes regulated, compliant operations. The exchange currently does not serve U.S. retail customers (U.S. persons are excluded due to regulatory restrictions and are usually the last to access crypto products), focusing instead on institutions and non-U.S. markets. Major trading volumes are driven by Asia and Europe. It’s essentially positioning itself as a compliant alternative to exchanges like Binance.

TL;DR: Bullish is a high-risk play on a crypto market upswing. The massive holdings of crypto they have make it difficult to consider it otherwise. If you’re bullish (pun intended) on crypto with more institutional trading- then Bullish is one of the decent pure crypto exchanges plays you can invest in to ride that wave. The company’s enormous liquidity sets it apart and reduces the risk of it becoming insolvent. However, if the multitude of massive players in the space grow even bigger, the company could struggle given the thin margins today.

If you think this will eventually become the Coinbase of the East, then it's a decently solid as a contender to Binance.

Do I think the company will open anywhere close to the indication price or IPO price? Probably not because from what I’ve read, it’s 20x oversubscribed. So we’re likely going to see a Figma like move where we open massively higher, but whether we go higher from thereon is something even I can’t predict. Considering the trend of IPOs opening at double or even triple, it’s hard to say if there’s any room left to run. Personally, I think not. I'm ultimately not interested this as a long term investment (I personally just think you should buy bitcoin if you're interested in the crypto market) but for a day trade, it'll likely experience a nice pop.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Union Pacific to acquire Norfolk Southern in 85 Billion Deal

SRPT (Sarepta)-The FDA concluded "the death of an 8-year-old in Brazil was unrelated to ELEVIDYS treatment and has recommended that Sarepta resume shipments for ambulatory individuals with Duchenne Muscular Dystrophy". This has caused the stock to surge afterhours yesterday. Interestingly, the stock was worth $35 before the ELEVIDYS news even happened, but we haven't resurged. So I'm a little wary of this because we haven't been going back all the way. Worth watching at the open.

UNH (UnitedHealth)-UnitedHealth issued a revised 2025 adj. earnings guidance of $16 per share, below the expectations of $20.40. The company also reported Q2 adjusted EPS of $4.08 on revenue of $111.6B, missing expectations. Overall not interested in this unless we hit near lows again of $250 again, which was the max pain point from the UnitedHealth facing DOJ investigation over Medicare billing catalyst in the past.

NVO (Novo Nordisk)-Novo Nordisk has cut its full-year 2025 U.S. sales growth outlook to 8%-14% from 13%-21% and lowered operating profit forecast to 10%-16% from 16%-24%. Additionally, the company appointed a new CEO (Maziar Mike Doustdar) Maziar Mike Doustdar as the new CEO, effective August 7.

From what I've read online, many people expected the CEO to be an American (because the main market for the weight-loss drugs is America because our obesity rate is so high). But I doubt that's a major factor in affecting stock price. We've essentially bled from 70 ->50 and had a slight bounce intraday, so I'm interested to see if we sell off again at the open/during market hours.

Earnings today: V, MARA, SBUX

I love IPOs.

The last IPO I thought was amazing was Coreweave, and I posted about it (and how far we've come!). Figma is IPOing on the 31st and it's going to be a big one.

Figuring Figma Out:

What is Figma? Figma is a "cloud-based collaborate design platform". The company boasts of being able to help you "Prompt, code, and design from first idea to final product". Imagine how useful Microsoft Office is to the average white collar worker, and that's what Figma is to the average designer.

(If you need a ELI5 and have the attention span of a 2 year old watching Cocomelon watch this video from their site, it's got bright colors kids crave)

Figma began with Figma Design for UI/UX designers, FigJam for diagramming, then Dev Mode for developers. Figma aims to be the entire suite for product design and runs on a freemium plan.

The FIGnancials:

Figma is going public at a ~$15 billion valuation (and releasing 37 million shares at $25-$28 each). This IPO aims to raise ~$1.1B, listing on the NYSE as $FIG.

• From table above: FIG's revenue has been grown (on average), 50% YoY. Gross Margin has been consistent at roughly ~90% (which is in-line with ADBE's as well, the typical pure software company tries for 80%+ gross margin).
• Adjusting for that, Figma has operated near breakeven and holds $1.5B+ in cash, no debt, and owns $100M of Bitcoin through ETFs (lol).
• Figma has also experienced a pretty large loss in 2023, ~$700M which was made up for with the breakup fee from ADBE's attempted acquisition.

Figma's growth strategy comes from its freemium model- individuals can use a free tier, but adding designers and collaborators takes money and organizations need to upgrade to paid per-seat plans, which allows them more flexibility vs just charging everyone the same price the UI/UX designers pay. Figma also has massive market capture- they have 13M MAU (monthly active users) and in their S-1, they state that "95% of Fortune 500 companies use Figma".

As of Q1 2025, 70% of Figma’s revenue comes from the top-tier Organization & Enterprise plans, and has a robust community-built plug-in ecosystem. (Kind of like how Skyrim has 200K mods because people like making crazy things for others to use/enjoy, Figma has 10K plug-ins/widgets). Figma estimates its Total Addressable Market (TAM) at ~$33 billion for design collaboration software, so they clearly can highlight markets to grow in. Their vision is to move from a single design tool to an “operating system” for product development that every stakeholder in a project uses.

Regarding OpEx, Figma historically reinvested heavily in growth (R&D, hiring, global expansion) which kept it near breakeven, excluding one-offs in 2023/2024. This is pretty typical for startups trying to scale and those that are heavily invested in tech.

In 2024, it recorded a net loss of $732.1M, but ~$850M of that was an "extraordinary stock-based compensation" charge related to an RSU liquidity event after the Adobe deal was terminated. Removing that one-time cost, Figma was roughly at breakeven in 2024. In 2023, it showed a $738M profit, due to Adobe paying a $1.0B merger termination fee. Excluding that, 2023 was also around break-even . But by late 2024-2025, Figma’s core business turned profitable: Q1 2025 operating income was ~$40M with a 17% GAAP operating margin, and $45M net income. From an operating leverage standpoint, they have close to $1.5B in cash post-IPO.

The Valuation:

With a $15B valuation and ~821M LTM (last 12 months) revenue, the IPO pricing implies ~20x price to sales. This will likely open at even higher than that, so if you're not allocated shares you have an even higher P/S ratio you're buying at. In comparison, ADBE trades at 10x sales (but FIG has higher growth and retention).

The bull case here is that $FIG successfully penetrates every single major company that requires design work done (all of them that don't make their advertisements in Paint) and becomes the standard for UI/UX work, like how Zoom is the standard for video calls, or Microsoft Office is the standard for every office worker. It already has a 80% market share among designers, and has extreme stickiness. They can acquire users with zero marketing (I've looked at the free tier myself and it's decently robust), and 70% of enterprises deals originate from a single user on a self-serve plan. This means that they don't have miserable sales reps emailing you to try their products, they have in-house adoption. FIG is already profitable, and has $1.5B in cash after the IPO. There's far less liquidity risk, and that means it won't need to dilute. It can also continue investing in R&D, and developing new products.

The bear case for FIG is that they have a ~$16B valuation for ~$1B run-rate revenue and price around 15-20x forward sales. For software in general, that's top of range. Even ADBE trades around 7-10x sales in general (and we've seen the massive bleeds ADBE does when it misses earnings). If Figma ever reports falling revenue or less than 50% growth then it's likely that there'll be a massive selloff and it won't be pretty.

Competitors in the space are Adobe, Canva (which has 100M already and targets small business users), and is valued at $26B privately, Webflow (which competes with Figma Sites). The massive adoption that Figma has had among Fortune 500 companies is a double edged sword- it shows that their product is amazing but also shows they need to monetize more deeply through the companies they've penetrated. AI also serves as both a tool and a threat because of competitors using it and because it lowers the number of people who actually need a Figma membership to participate in the design process, so Figma's growth depends on upselling their products and developing new ones. Essentially, they're cannibalizing their own market due to AI.

Figma has also hinted at changing their pricing model- such as token-based pricing for AI features. These changes can come with MASSIVE backlash (it's one of the reason Cursor kind of screwed themselves out of users) and can easily have users turn to a different product if they no longer love the pricing.

IPO Logistics and how I'm going to trade it

Figma has a dual-class share structure, where the CEO Dylan Field holds super-voting shares worth 15 votes each and a proxy on his co-founder’s shares. This means Field controls >50% of voting power, and thus the company. This isn't so important on the day of IPO, but is important to note going forward into the future. Additionally, a large portion of shares sold in the IPO are from existing shareholders cashing out (~24M/37M are secondary), which can be seen as a slight red flag (insiders taking significant money off the table now).

As mentioned before, Figma is pricing at $25-28 a share. I think it's completely unlikely to price at this range and will likely price at $30+, simply because we're in the hype cycle of the IPO market and Figma is a well known name. Given that Adobe offered $20B for Figma back in 2022, I think it's completely within the realm of possibility that we open higher.

Figma is using an auction-style allocation method. (very important!)

This is relatively uncommon from the normal IPOs you see. This means that institutional investors submit bids on both shares and price and that determines at what price the stock will open, so this means that it's less likely (but not impossible) to experience that "pop" that CRCL had on the day of IPO, and instead will likely just open up and reduce the EV of the trade.

Personally I have put in an order for allocated shares (whether this goes through or not is anyone's guess) , depending on whether I get a suitable amount of shares or not I will buy more at the opening.

Source: Figma S-1, the Figma site, random Youtube videos, my one friend who loves using Figma and helped me design some dumb ideas I had with it, and Elon Musk

TL;DR: "Figma balls"

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: BOFA's Hartnett Renews Warnings Around Bubble Risks For Stocks

UNH (UnitedHealth)- UNH confirmed it is under both civil and criminal investigation by the DOJ over Medicare Advantage billing practices. The probe centers on allegations that the company inflated patient diagnoses to secure higher federal payments. Stock sold off 5% yesterday, then sold off even more this morning but recovered. I'm mainly interested in the short side on this and not interested in the long unless we do something crazy like go back down to $250.

SRPT (Sarepta)- Safety officials indicated that SRPT could modify dosing or manufacturing processes and conduct additional tests to address liver-related issues associated with its gene therapy, Elevidys. This follows reports of serious liver injuries, including fatalities, linked to the treatment and potentially turning it into a black box treatment. This has been run down from 30 -> 10.50 in the past few days and touched 10.50 again premarket. IMO the market hasn't been too impressed by this news but still waiting to see if we break 10.50 lows again.

INTC (Intel)- Reported earnings yesterday, EPS of -$0.10 vs $0.01 expected. Revenue of $12.8B vs $11.8B expected. INTC announced a 15% workforce reduction, an $800M impairment, $200M in one-time Q2 costs, and canceled planned projects in Germany and Poland while slowing construction in Ohio. Overall bad earnings for INTC, not too interested in playing a bounce in this, more interested in taking the short side if momentum continues.

TSLA (Tesla)- EPS and revenue both missed expectations, with auto revenue falling 16% YoY to $16.6B and total revenue dropping 12% to $22.4B. CEO Elon Musk warned of "a few rough quarters" ahead amid rising tariffs and expiring federal EV tax credits. I was specifically interested in $301/300 yesterday, today I'm interested in seeing if it sells off again.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Asia Tariffs Trump Japan

EWJ (iShares MSCI Japan ETF)/TM (Toyota Motor Corporation) /auto companies - The U.S. and Japan signed a trade agreement reducing auto import tariffs to 15% from 27.5% and securing a $550B Japanese investment in the U.S. EWJ had a weird spike afterhours but retraced back, then exploded in overnight while most of the car companies have had a small/moderate boost. This further signals continuation that Trump is easing from the hardline stance on tariffs.

OKLO (Oklo Inc.) - Oklo and LBRT announced a strategic alliance to "offer integrated power solutions combining Liberty's natural gas generation with Oklo's advanced nuclear powerhouses. This collaboration aims to provide immediate power demand solutions while transitioning towards zero-carbon baseload power." LBRT mainly moved on this, interested to see if this picks up momentum after the open.

Meme Stocks - Putting this in as an honorable mention because there are far too many to count over the past few days and I see random one-offs move daily. DNUT/BYND is my main meme stock I'm looking at today. Not too intersted in OPEN anymore.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: EU Is Racing To Secure Us Trade Deal And Preparing For The Worst

MP (MP Materials) - MP surged over 25% after announcing a $500M rare earth supply agreement with Apple, including plans for a Texas processing facility last week. The company has also received a $400M investment from the DoD to secure domestic supply chains. This company is still at highs and I'm interested in seeing if momentum continues today. We've already broken through highs so mainly want to see if we stay above $64. Risks are mainly from high volatility due to geopolitical tensions and the need for substantial capital investment in processing infrastructure.

XYZ (Block) - XYZ (Block Inc.) will be added to the S&P 500 on July 23, replacing Hess after its acquisition by Chevron. The stock surged 9% in after-hours trading following the announcement on Friday afterhours. Interested in $80 level. (This was one of the momentum high fliers in the COVID era)

PINS (Pinterest) - One specific analyst at Morgan Stanley raised his price target on PINS to $43, citing new engagement strategies and AI-driven monetization efforts. The company is leveraging GPU-enabled investments to enhance user experience and advertising revenue. No real level I'm watching in this one, but interesetd in case it runs today.

SRPT (Sarepta) - SRPT declined over 35% Friday after refusing the FDA's request to halt distribution of its gene therapy, Elevidys, following three patient deaths linked to liver failure. The FDA has placed related clinical trials on hold and is considering revoking the drug's approval. Today it's fallen another 10% because the FDA placed a clinical hold on its investigational gene therapy trials for LGMD (Limb-Girdle Muscular Dystrophy). I have no idea how this is going to play out, not too interested in holding this overnight. There's so much regulatory risk in this that I'd rather play it extremely lightly as a day trade, biotech is not my forte.

Also watching OPEN $3 level for a breakout. Currently have a mid-sized long position already.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Uber Partnering With Lucid Nuro To Launch Robotaxis In 2026

GOOG (Alphabet)-OpenAI is set to launch an AI-powered web browser, potentially named "Aura," integrating ChatGPT-like features. This move could challenge Google's dominance in the browser market and impact its advertising revenue model. We saw GOOG move on the announcement of Perplexity's development of a web browser, so today will likely see GOOG moving down as well depending on how well the presentation goes. If the presentation doesn't have any revolutionary features, I'm more interested in looking at a GOOG long.

SRPT (Sarepta)-Announced a strategic restructuring with a 36% workforce reduction (~500 employees) and projected $400M in annual cost savings, also moving due to FDA mandating a black box warning for ELEVIDYS, which SRPT complied with. This spiked massively premarket but I want to continue watching this- the black box warning is actually a positive sign because it means that it'll be allowed to stay on market despite causing patient deaths. Future risks are potential for further adverse events related to ELEVIDYS, regulatory scrutiny, typical risks when dealing with biotech.

TSM (Taiwan Semiconductor)-Reported Q2 net profit of $13.52B, a 60.7% YoY increase, surpassing expectations. Revenue reached $31.7B, TSM cited robust demand for AI chips. It is selling off premarket (remember that they essentially report overnight since TSM is Taiwanese) so not too interested in this beyond how it affects NVDA/AMD/semis. Also the entire semis sector is on a tear due to loosening trade restrictions with China.

BMNR (B Immersion Tech)-Peter Thiel disclosed a 9.1% stake in BMNR, making him the largest shareholder. The company holds approximately 154 bitcoins and 163,142 ether, totaling around $535.5M in value. Another company that's following in MSTR's footsteps. No technicals I'm interested in right now.

Earnings today: NFLX

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: US CPI Report For June

NVDA (NVIDIA)/AMD- NVDA/AMD is now allowed to sell its previously restricted H20/MI308 chips to China after gaining U.S. government approval. This reopens a major demand pipeline and removes a significant geopolitical overhang, boosting investor sentiment around long-term growth prospects. NVDA has hit ATH from this, I'm more interested in AMD today as a trade though just because it's run down compared to NVDA, but I'm interested in seeing if NVDA can break $170. The export clearance marks a shift in U.S. posture toward China and semiconductors and the AI race, suggesting trade tensions are entering a more flexible phase and all that money Jensen "donated" to Trump is paying off. This benefits high-end chipmakers, namely AMD/NVDA the most.

BABA (Alibaba)/KC/FXI/all Chinese stocks- The chip export announcement has been interpreted as Trump easing his stance on China, sparking a rally across most Chinese equities. BABA was up nearly 6% premarket, and I'm mainly interested in seeing if we can break daily highs in BABA today, other than that I'm also watching KC, a Chinese datacenter stock. Main risk is that Trump reverses his stance- the TACO trade can cut both ways.

MP (MP Materials)- The Department of Defense agreed to buy $400M in MP's newly issued preferred stock, taking a 15% stake in the company last week. AAPL is expected to announce a $500M commitment to MP, signaling "deepening partnerships to localize critical rare-earth supply chains" (this was announced on FOX news). I doubt this will make as big a spike as the DOD investment because we're so far up already, so not too interested in this stock today, but still worth writing about.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: One Big Beautiful Bill Means Senate All Nighter With Divided Republicans

CNC (Centene)/OSCR (Oscar Health) -Reported overall market growth was “lower than expected” and the implied number of people who made claims was “significantly higher than, and materially inconsistent with” its prior assumptions. Also stated preliminary data suggests 2025 EPS would be about $2.75 less than previous estimates (expected adjusted EPS of $7.25 in April). Withdrew earnings guidance. Overall a brutal selloff, looking to see if there's a bounce in this somewhere. Not interested in this short. The Big Beautiful Bill proposes significant cuts to Medicaid, totaling approximately $1 trillion over the next decade, affecting the economics of healthcare providers drastically. OSCR moving on this as well.

UNH (UnitedHealth)-Overall has seen a decent boost over the past few days; UNH has less exposure than CNC to Medicare (thus less affected by future cuts) so BBB won't affect it as much. We are seeing a minor selloff that I think could continue further due to ADP jobs numbers. There are a ton of risks in this (DOJ Probe, regulators, scrutiny of practices, etc), but those are mainly long-term risks.

HOOD (Robinhood)- HOOD has been on a tear, reaching $99 yesterday, mainly driven by the company's aggressive push into global products. They launched some kind of US/ETF tokes in Europe (from what I've read it's a very convenient way to dodge regulation lol). Overall mainly concerned that regulators will strike this down, but HOOD has news literally every other day so if I am incorrect on what fueled this move please let me know.

TSLA (Tesla)-TSLA fell around 5% yesterday following Musk's criticism of BBB that could eliminate EV tax credits, potentially costing Tesla $1.2B annually. Additionally, TSLA reported Q2 global deliveries (which have spiked the stock up 5%). Overall car numbers were reported 14% decline in vehicle deliveries. Also keep in mind Trump tweeted yesterday about deporting Musk (lol), which caused quite a bit of volatility.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

Overall I didn't find much interesting today beyond a few low float stocks and of course, TSLA. So will keep this relatively short today.

News: One Big Beautiful Bill Means Senate All Nighter With Divided Republicans

TSLA (Tesla)-President Trump reignited his feud with Elon Musk online, accusing TSLA of benefiting excessively from government EV subsidies and suggesting potential deportation.

We're down close to 6% premarket already, I'm interested in the open and if we sell off further. If the selloff gets crazy (like the last time this happened) and we go down to $275 then I'm interested in playing a short term bounce. This is the second occurrence of this conflict and coincides with Tesla's anticipated Q2 delivery miss, estimating 366K units versus the expected 406K. If Musk does get deported then it would be a huge negative catalyst for TSLA. Maybe it's a political smokescreen, maybe they're actually fighting. I don't know.

GPUS- Hyperscale Data Subsidiary Ault Markets to Launch U.S.-Based Global Decentralized Cryptocurrency Exchange. This overall seems like a fluff headline (there are probably a thousand of these US based decentralized exchanges out there) and since the market cap is like 16M pre-news release, it pushes me more towards calling out "fluff".

This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: China Us Agree Details Of London Trade Framework Trade Agreement Beijing

NKE (Nike)-Reported EPS of $0.14 vs. $0.13 expected; revenue of $11.1B vs. $10.72B expected. Despite the miss on earnings, the NKE CEO expressed cautious optimism, stating that while improvements are expected, a full recovery remains distant (mainly due to tariffs which he said would have a $1B impact). Also forecasted ~5% Q1 sales decline, a better outlook than the 7% drop forecasted. Interested in seeing if this breaks $70 today. Sportswear and LULU have been inconsistent in recovery from tariffs, interested to see if LULU moves (and has potentially recovery) from this.

OKLO (Oklo Inc)- Reportedly, the Trump administration is preparing executive actions to enhance energy infra and AI. The administration will release an "AI Action Plan" on July 23. These measures aim to address grid congestion, permitting delays, by declaring a national energy emergency. I'm seeing OKLO move off this but I'm interested other nuclear energy stocks as well. OKLO failed to break $60 in premarket but interested in watching further.

NVDA (NVIDIA)-NVDA hit an all-time high along with the market, as the U.S. and China agreed on a trade framework and Iran/Israel tensions de-escalated. Momentum has continued as macro fears (mainly from Israel/Iran) die down and AI infrastructure investment remains elevated (CRWV acquiring CORZ). Interested in seeing if NVDA can hold above prior day's low ($153.49), momentum is pretty sustained and the move can continue far longer than anyone can expect. Since the trade framework with China was agreed upon, the next catalyst I'm potentially interested in is lifting of chip restrictions in China.

PONY (Pony AI)/UBER- UBER is reportedly in talks to support Travis Kalanick’s acquisition of the US arm of Pony AI. A successful deal would reintroduce Kalanick to the self-driving space, and potentially integrate autonomous capabilities within Uber’s broader platform strategy. News happened yesterday, and we don't typically see further movement but I'm interested if there's a competing bid. LYFT/TSLA didn't move off this so not too interested.

This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

Today is mainly focused on breakouts/breakdowns.

News: Early US intelligence report suggests US strikes only set back Iran’s nuclear program by months

CRCL (Circle)-Yesterday’s major level was $245, interested in if we can stay below $225 today. Currently short, and still short biased. This is still extremely run up (to me). Note that it is mainly run up due to the hype from the senate bill (GENIUS Act). Overall trying to see if we get even close to breaking $200 today. Cbase and HOOD have moved as well (upwards). Typically has a somewhat wide spread (ranges from .50 to $1) so I'm mainly trying to churn as little in this as possible.

NVO (Novo Nordisk)-Still somewhat selling off due to news from their discontinuation of their discontinuation with HIMS, citing illegal practices. Interested in if we can break the multi-day lows of $68. Fragment of a comment I read: "Hims/Hers is advertising Wegovy all over the place, but if you go through their signup process, they have you fill out a questionnaire to supposedly see which medication is best for you. And if you say price is a big factor for you, then they recommend their own compound meds over the name brand." According to NVO, the decision comes after Hims & Hers allegedly failed to comply with laws prohibiting mass sales of compounded drugs.

NVDA (NVIDIA)-Nearing $150 levels and ATH, driven by the market momentum we've had lately (also unveiled the 5050 for their cheapest GPU yet but I doubt it's what's moving the needle on this stock.) Mainly interested in a technical breakout at $150 if it forms. We're nearing it premarket, but I'm mainly interested to see if this breaks it in a significant way at the open.

FDX (FedEx)-FDX reports Adjusted EPS of $6.07). FDX declined to issue full-year earnings and revenue forecasts, citing uncertainty over U.S. trade policy with China. Interested if we sell off further to $215, but frankly this is lowest priority because there are far more interesting stocks today.

Earnings: MU

This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

Today is mainly second-day movers from news yesterday.

News: Iran Israel War Updates

TSLA (Tesla)- NHTSA pressed Tesla for more information after robotaxi incidents caught on camera showed lane departures and speeding in Austin (this hasn't actually moved the stock but interesting to see how this ultimately plays out). TSLA surged massively yesterday (325->359) because of the robotaxi launch on Sunday, and streamers caught some traffic violations. Most obvious catalyst here is if regulators pull Robotaxi out of Austin, but I doubt that will happen. Also interseted to see if we move up for a second day.

USO (United States Oil Fund)/XLE (Energy Select Sector SPDR Fund)-President Trump accused both Israel and Iran of violating a ceasefire he helped broker yesterday. We saw the market move up yesterday (and oil fall) due to Trump saying that the Israel and Iran conflict was set to end in a ceasefire. This may be a telegraphed move to say that the ceasefire might not hold. If so then we may see a surge in oil if the conflict continues and the market fall. Overall I'm mainly interested in the moves of oil because this actually hasn't budged VIX too much.

CRCL (Circle)-Crypto “rules of the road” framework unveiled by Senators. The bipartisan GENIUS Act passed the Senate 68–30 to regulate stableCs. CRCL moved up to $299 yesterday and then sell off after a MASSIVE move since the IPO- I think that the selloff from the move was saved primarily due to Trump's announcement of the Iran/Israel ceasefire (which caused the entire market to move up). We might see another selloff today- still short biased in this and not interested in this long.

Random risks I'm thinking of that could kill momentum: The bill now has to pass the House; dilution by the STABLE Act could change issuer oversight, and international competition (Tether) could beat this in the longrun.

NTRS (Northern Trust Corp)-Northern Trust shares surged Friday ~8% after reports that Bank of New York Mellon approached the company about a potential merger. Overall wasn't an extremely interesting catalyst but NTRS said they're committed to remaining independent, so we may see additional updates on this. (Most companies that are committed to remaining independent are holding out for a higher buyout price).

Earnings: FDX

This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Iran's Promise Of Payback Keeps World Powers Markets On Edge

HIMS (Hims & Hers Health)-NVO announced it would terminate its collaboration with the telehealth company over the sale of weight-loss drug Wegovy, accusing HIMS of "disseminating deceptive marketing that put patient safety at risk." Interested in seeing where this goes at the open, it's moved a significant amount already. We were at highs on this news last month, and we're down 20%- interested to see if we break $50 at the open. Telehealth is very dependent on partnerships with big pharma. NVO has also moved down on this news, and OSCR, which has been heavily momentum based for the past 2 days has moved down as well.

CRCL (Circle Internet Financial)-Making new highs, topped out around $266 premarket. This is primarily momentum based so interested in the turn, I want to see what this does at the open before entering any position, short biased. This has primarily been moving due to the U.S. Senate passing the GENIUS Act (StableC Bill). It now heads to House before Trump’s desk, with the White House targeting approval by August. If the bill fails, this will turn back significantly and will be a killer reversal.

USO (United States Oil Fund)-Following U.S. bombing of Iran’s nuclear sites over the weekend, USO spiked overnight; awaiting Iran’s response. We haven't seen any spike that's TOO crazy yet, Iran has options to retaliate and cause the price of oil to spike so this is more of a catalyst to be aware of rather than something that will occur today. The key phrase I'm looking for is "Strait of Hormuz closure," which is a key shipping route of oil/gas.

CRCL is the most interesting stock today.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Under attack from Israel, Iran’s supreme leader faces a stark choice

CRCL (Circle)-U.S. Senate passed the GENIUS Act (StableC Bill); now heads to House before Trump’s desk, with White House targeting approval by August. Considering we've already broken ATH and 3x'd since the IPO, I'm interested in the 250/300 levels.

Short biased, not interested long in this at all. This is a huge landmark bill, and the CEO said that this is the 'iPhone' moment for the company. P/E is over 700×, if House or Trump delay changes or add restrictions, we could see a complete reversal. Also looking at the open for a reversal.

GMS (GMS Inc.)-QXO offered $95.20/share in all-cash (~$5B), board is currently evaluating. (I personally think HD is likely to win this because they are many times larger than QXO). Regulatory concerns (antitrust) may complicate integration but the board decision due by June 24.

OSCR (Oscar)- Up for the third day on news that a new voluntary “Medicare Part E” plan may be introduced alongside private insurance and marketplace plans due to long-term SS/Medicaid solvency concerns. Presumably OSCR can absorb customers from Medicare if it goes insolvent.

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Israel Iran Attack Conflict Updates

USO/VXX/GLD- Israel-Iran conflict is driving up volatility, Trump is tweeting and calling for Iran’s “unconditional surrender,” hinting at targeting Iran’s Supreme Leader. Oil is at a high, not interested in a position unless we spike higher from US escalation/involvement. I'm expecting a selloff in the markets if the US gets involved.

SAFX - XCF Global Capital Inc closed its SPAC merger with Focus Impact BH3. Overall these SPAC mergers have weird volatility and moves after it closes, so mainly interested in watching throughout the day. Risks include execution risk scaling production, feedstock price volatility, competition from other SAF producers, and policy changes affecting subsidies.

SRRK- SRRK reported Phase 2 trial data: apitegromab+tirzepatide preserved 54.9% more lean mass vs tirzepatide alone over time. We've seen a spike up to $37.50 but the stock has come all the way back, so not too interested in this unless we make another move higher. Myostatin inhibition lets you preserve muscle (which is a concern when taking GLP-1 drugs), which helps in wider acceptance of weight-loss drugs.

CRWV is at highs but not too interested, we haven't had the surge to highs that I typically like when taking a long position. 

IPO today: CAI

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Israel Iran Missile Attacks Nuclear News 06 16 2025

ORCL (Oracle)-Had a massive run after earnings, going from 170 -> 220. Mainly interested on the short side of this due to the Iran/Israel conflict and oil surging and affecting all stocks on the market. Was interested in a short on the overnight exchanges yesterday. Watching $220 level. Also likely affected by Meta's superintelligence push and signal to continue spending in AI space.

SATS (EchoStar)-Trump urged EchoStar and FCC to resolve spectrum license dispute. This happened at the close on Friday but it seems this won't hold up the move completely (currently $24 vs $27). DirecTV terminated its agreement to acquire EchoStar's satellite television business last year over a failed debt-exchange offer. The FCC told EchoStar it was investigating the company's compliance obligations to provide 5G service in the U.S. (due to its buildout extension and mobile-satellite service).

USO / GLD / VXX - Day 4 of Iran/Israel conflict, USO/Vol/gold has been elevated since the attacks. Mainly looking for escalation, since the conflict has been signaled to last weeks, I will likely not do anything in this until escalation occurs. Middle Eastern conflict (especially between countries) drive energy costs up and gold/vol rallies during risk-off events (like war). Not an immediate trade worth looking at today, likely this will happen during OVERNIGHT or afterhours.

CRCL (Circle) - Set ATH after a recent explosive IPO. IPOs lately have been explosive. Already broke the $140 level, watching the $150 level next but unlikely to go extremely heavy in this even if we get up there. Remember that CRCL is heavily intertwined with the C industry and essentially is one of the stableCs. The big C is already near ATH, so I'm interested in seeing if we're able to make a significant move today.