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  • Swing Trade Idea – June 01, 2022

    • Tesla (TSLA) – ARK Invest’s Cathie Wood has purchased about $30 million in Tesla shares over about the last week. Tesla is Cathie’s fourth-largest holding, behind Zoom Video Communications (ZM), Roku (ROKU) and the Grayscale Bitcoin Fund (GBTC).
    • GameStop (GME) – Will report quarterly results after the close Wednesday. The stock was recently highlighted in a Benzinga article as a top five short squeeze candidate.
    • vTv Therapeutics (VTVT) – Wednesday’s biggest winner. The stock was up 70% in pre-market action following news of a $25 million investment from affiliates of G42 Healthcare.
    • Eton Pharma (ETON) – A play on an upcoming FDA date. Company partner, Azurity Pharma, will have an FDA panel vote on its epilepsy drug this week.
    • Kymera Therapeutics (KYMR) – A play on recent insider buying. A company director recently purchased more than $4 million in company stock.
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