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  • Swing Trade Idea – June 27, 2022

    • Clorox (CLX) – The target of recent activist investor speculation. On Friday morning, alert service Dealreporter offered speculation suggesting an activist investor is involved in Clorox. Traders watching the news and stock took profit in the name within a few minutes of the speculation being circulated.
    • JP Morgan (JPM) – A popular stock with the WallStreetBets retail investor Reddit community recently. JP Morgan was the fifth-most discussed stock on WallStreetBets Monday morning, according to Swaggy Stocks.
    • Digital Turbine (APPS) – Shares were up 5% Monday morning following news late Friday the stock will be added to the S&P Small Cap 600 index on Wednesday morning.
    • Ivanhoe Electric (IE) – An initial public offering (IPO) expected this week. The company is a minerals and exploration development company focused on the electrification industry. The IPO is expected for Tuesday of this week.
    • Terran Orbital (LLAP) – Shares of this satellite services company were up about 9% Monday morning following news the stock will be added to the Russell 3000 index.
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