📈 Nasdaq Additions

These stocks are poised to move higher because of this.

Stocks Added to Nasdaq

Upon after hours market close on Friday (8 PM ET), the Nasdaq announced the stocks that are going to be added/dropped from the index.

The names that were added to the Nasdaq are:

PLTR MSTR AXON

The names that were dropped from the Nasdaq are:

SMCI MRNA ILMN

For the stocks that were added to the Nasdaq, this is very bullish because it means that the stock needs to be bought to be added to the index. Conversely, it is bearish for the names dropped.

Stocks to Watch

PLTR is an important name to watch and I want to provide key levels for everyone to be aware of:

I wouldn’t be surprised if we test or even break that high of $82.72 today. Keep this name on your watchlist.

MSTR is also an important name to watch, especially with the strength in Bitcoin that we saw this weekend.

We are breaking above peak VWAPs and have room to run. Watch your peak VWAPs as you trade the name but I do see it moving higher.

For more info on how to trade these names, watch this video: