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  • Swing Trade Idea – November 09, 2022

    • Walmart (WMT) – The world’s largest brick-and-mortar retailer will report quarterly results on Tuesday morning of next week. Walmart informally kicks off the earnings season for retailers.
    • YETI Holdings (YETI) – Shares have fallen from above $100 to around $30 over the last year. YETI shares opened for trade back at the end of 2018 around the $15 level. The company will report quarterly results Thursday before market open.
    • VanEck Gold Miners ETF (GDX) – A play on gold. The VanEck Gold Miners ETF differs in its usage compared to the SPDR Gold Trust (GLD); whereas GLD tracks the price of spot gold, GDX tracks an basket of gold-mining companies. Traders in Benzinga Pro’s lounge chat on Wednesday morning discussed a possible breakout in GDX.
    • Appian (APPN) – A play on software.
    • Mullen Automotive (MULN) – A favorite among the retail investor crowd. Mullen shares were up about 16% in pre-market action Wednesday following news of a distribution deal for the company’s urban commercial electric delivery vehicle.
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