$91.3M Yesterday, How Much Today?

I’m excited to see a little pullback happening this morning. Did you know that stocks can go down up to three times faster than they go up? Bottom line, red markets can be very lucrative!

The top stock on yesterday’s set of high probability stocks to trade was GNUS. Options were (finally) made available on it…

I made sure traders who aspire to be lucrative (like I want YOU to be) knew about it as well…

And just before the sunset last night, I dished out some more free trade ideas to keep a close eye on into today…

As noted by GNUS being served up free to you yesterday, it can really pay to pay attention to the trade ideas I post daily.

Ticker Code Ticker Name Ticker Industry Price Change Average Volume (50)*
MARK Remark Holdings Inc Internet Content & Information -18.58% 61,772,482
ZM Zoom Video Communications Inc Internet Content & Information 4.83% 12,303,926
FB Facebook, Inc. Common Stock Internet Content & Information 4.41% 25,159,893
TWTR Twitter Inc Internet Content & Information 4.04% 22,378,154
GOOGL Alphabet Inc Class A Internet Content & Information 3.44% 1,972,766
EVER EverQuote Inc Internet Content & Information 0.43% 488,675
SNAP Snap Inc Internet Content & Information 9.15% 27,262,271
SPOT Spotify Technology SA Internet Content & Information 3.99% 1,911,721
PINS Pinterest Inc Internet Content & Information 5.40% 14,149,810
MTCH Match Group Inc Internet Content & Information -3.31% 1,988,976
IZEA IZEA Worldwide Inc Internet Content & Information 71.43% 20,586,057
YY JOYY Inc Internet Content & Information 0.79% 1,068,751
GOOG Alphabet Inc Class C Internet Content & Information 3.66% 1,702,974
NTES NetEase Inc Internet Content & Information 4.70% 899,572
MDLA Medallia Inc Internet Content & Information 8.77% 1,538,614
BIDU Baidu Inc Internet Content & Information 6.63% 5,496,058
GRUB GrubHub Inc Internet Content & Information 2.59% 6,703,876
LKCO Luokung Technology Corp Internet Content & Information -10.00% 239,003
BILI Bilibili Inc – ADR Internet Content & Information 5.41% 6,018,775
OCFT OneConnect Financial Tech Co Ltd ADR Internet Content & Information 9.29% 437,620

When the smart money tries to hide $91.3M worth of shares traded in one particular stock by executing their orders on the dark pools, they’re hiding that dollar amount from the eyes of ordinary retail traders for a reason.

If you saw $91.3M worth of shares traded on one stock in a matter of minutes, what would your reaction be? You might be interested. You might want to make a move yourself. Newer traders might even be nervous! I’ve seen it all.

After yesterday’s Fed announcement, I noticed 10 dark pool prints for $91.3M at $21.08 on Snapchat (NYSE: SNAP).

That’s not a typo. And for a company like Snapchat, it’s a lot of smart money exchanged in a matter of just a few short minutes.

Today, I’ll be looking to make my move on SNAP using the dark pool print price of $21.08 as my decision-making guideline.

Having traded SNAP at $21.08, the smart money will keep a very close eye on that benchmark and look for their position to work in their favor.

Should SNAP reject $21.08 and drift lower through today’s trading session, I’ll simply look to take a bearish position.

If SNAP gains bullish momentum and trades north of $21.08, I’ll consider making a bullish move.

And of course, while $91.3M worth of SNAP shares were traded on the dark pools yesterday, eventually that $91.3M will be traded the other way as well, likely on the dark pools.

Therefore, I’ll keep an eye on how the smart money trades SNAP today and take their moves into consideration before making one myself.

Let me know how you do today!

Yours for TrackStar trading,

Davis Martin
America’s #1 Premarket and Day Trader

P.S. Due to this morning’s volatile market conditions, I posted a free premarket video to bring you up to speed ahead of today’s opening bell! You can watch it on Instagram OR you can watch it on YouTube!

Disclaimer: This is not investment advice. This article is for information purposes only and opinion-based on financial advisor data across a selection of websites. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions.

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