As day traders we are more concerned with the move after the open. How many times do we read a headline where a stock moves 15% in one day however most of the move was in pre-market trading. Pre-market moves are useless, we are concerned with what's moving during the regular session.
We do not make stock calls we just report the news.
UBS upgraded Netflix to buy from neutral, in addition Netflix was upgraded just before the market open. We started adding around 10:00am and closed for a nice short-term gain.
Information is key and these moves happen everyday. Part of anyone's portfolio should be focused on short-term opportunities. Click here to understand why.
At The Daily Movers we do not trade penny stocks and we never short a stock. We trade large companies that have significant volume each day, preferably 5mil shares per day or more. And we always trade stocks that have a catalyst such as earnings or an upgrade.