Benzinga s PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.
In these types of markets, what you see or read may not always be what you get. A perfect example of this is the price action in
DoorDash Inc. (NYSE:DASH).
Crazy Price Action Off IPO: For investors trying to play the DoorDash IPO off technical analysis, it has been tough sledding. After the opening print at $182 on Dec. 9, 2020, it peaked on that day at $195.50 and ended the inaugural session at $189.51.
Johnson & Johnson (JNJ) - PreMarket Prep Stock Of The Day: Johnson & Johnson benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
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Every earnings season takes on a character of its own. For example, in the second quarter of 2020, many of the companies that posted staggering losses as a result of the pandemic were given a pass, with investors buying the dip.
Starting with
JPMorgan Chase (NYSE: JPM), the first major S&P 500 component, the call to action was “sell the rip.”
That has continued in Wednesday’s session as
Amazon.com, Inc. (NASDAQ: AMZN) has gone from green to red after a monster earnings beat. It s the PreMarket Prep Stock of the Day.
Amazon s Pre-Earnings Rally: After four months of consolidation and a trading range from $3,000-$3,500, with a majority of the price action between $3,050-$3,350, Amazon caught a nice bid ahead of Tuesday’s report.
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Benzinga s PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.
Several large-cap technology stocks are in the red in Wednesday’s volatile session. However,
Microsoft Corporation (NASDAQ: MSFT) is in the green after its earnings report and is the PreMarket Prep Stock Of The Day.