The Blog Single

  • Swing Trade Idea – May 31, 2023

    • American Airlines Group (AAL) – Shares rose premarket after the company raised its Q2 financial guidance. The airline now expects Q2 adjusted EPS of $1.45-$1.65, up from the prior range of $1.20-$1.40.
    • BioRestorative Therapies (BRTX) – The company announced a license from the New York State Department of Health to act as a tissue bank for processing mesenchymal stem cells from autologous donors.
    • BP (BP) – Shares fell amid a drop in oil prices, which came after a decline in China factory activity. The soft economic data out of China has caused economic recovery concerns and has pressured oil demand outlook.
    • Salesforce (CRM) – The company will report Q1 earnings after the close today.
    • SoFi Technologies (SOFI) – Shares gained for a second day amid progress on a US debt limit bill, which would reinstate student loan payments.
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