Good Morning, Traders!…👋

U.S. stock futures pointed higher on Friday after the benchmark S&P 500 tumbled into correction territory in the previous session, as investors grew increasingly wary of President Trump’s tariff plans.

Investor sentiment was further dampened by Trump’s threat on Thursday to impose 200% duties on European wine and champagne, in retaliation to the European Union’s announcement of retaliatory tariffs on various U.S. products, including whiskey and Harley-Davidson $HOG ( ▲ 1.83% ) motorcycles.

Oil prices bounced on Friday following comments from Russian President Vladimir Putin, suggesting that a U.S. proposal for a ceasefire in the Ukraine war would need some adjustments.

In commodities, gold continued to hover around an all-time high as escalating trade tensions bolstered its appeal as a safe-haven asset. Meanwhile, Bitcoin $BTC.X ( ▲ 4.47% ) is on track to fall nearly 5% this week, with risk appetite subdued as investors remain cautious ahead of next week’s Federal Reserve meeting.

Happening Today

✓ 10:00 AM ET – Michigan Consumer Expectations (Mar)

✓ 04:30 PM ET – CFTC Nasdaq 100 & S&P 500 speculative net positions

PREMARKET SNAPSHOT 📈

​As of March 14, 2025, U.S. stock futures indicate a mixed opening. These movements come amid easing concerns over a potential U.S. government shutdown, following indications that Senate Democrats may support a Republican funding bill.

SECTOR SNAPSHOT✨

Yesterday market experienced broad declines, with consumer discretionary, communication services, and technology taking the hardest hits. Financials, healthcare, and industrials also fell, while energy slipped despite recent strength. Real estate suffered significant losses, while utilities were the only sector to post slight gains.

PreMarket Unusual Volume Stocks

📈 Medirom Healthcare Technologies Inc. $MRM ( ▲ 4.59% )  is witnessing a substantial increase in pre-market volume, trading 5.14M shares compared to its average of 157.46K. This suggests heightened trader interest, likely driven by market speculation or company-related catalysts.

📈 Purple Innovation, Inc. $PRPL ( ▼ 1.33% )  is experiencing an unusual uptick in volume ahead of the market open, with 137.95K shares traded versus its average of 5.19K. The elevated activity hints at speculative interest, possibly fueled by shifting sentiment or corporate developments.

📈 Bon Natural Life Limited $BON ( ▼ 1.74% )  is seeing a dramatic spike in pre-market trading, with 3.43M shares exchanging hands compared to its 165.78K average. The sharp price movement suggests traders are positioning themselves ahead of potential news.

📈 Digital Ally, Inc. $DGLY ( ▲ 22.86% )  is attracting strong pre-market attention with 17.84M shares traded against an average of 2.06M. The stock’s movement signals increased investor engagement, possibly in response to recent developments.

📈 Cellectis S.A. $CLLS ( ▲ 0.33% )  is recording an unusual pre-market volume surge, with 6.52M shares traded compared to its 395.83K average. This signals renewed interest from market participants as they position themselves for potential volatility in the session ahead.

Premarket Picks

Radius Recycling, Inc. (RDUS) is experiencing a pre-market surge of 109.44%, with its price rising to $28.61. This jump follows the company’s announcement that it has entered into a definitive merger agreement with Toyota Tsusho America, Inc., a U.S. subsidiary of Toyota Tsusho Corporation.

Cellectis S.A. (CLLS) saw its pre-market price increase by 22.48%, reaching $1.58, after the company provided its financial results for the fourth quarter and full year 2024, along with a business update.

MEDIROM Healthcare Technologies Inc. (MRM) experienced a 49.28% surge in pre-market trading, with its price rising to $0.91. This increase comes after Yasuhiro Hayami, Chief Business Officer of MEDIROM’s subsidiary, MEDIROM Mother Labs Inc., made a second investment in Mother Labs’ Series A financing at a pre-money valuation of JPY9 billion.

Bon Natural Life Limited (BON) saw an extraordinary pre-market surge of 460.01%, with its price climbing to $4.12. This surge follows the company’s announcement that it will offer up to 10,000,000 units, consisting of ordinary or pre-funded units, on a best-efforts basis.

Below is a complete list of hot stocks in pre-market today:

Top Upgrades:

1. Chipotle Mexican Grill, Inc. $CMG ( ▼ 0.37% )  

Analyst Firm: Loop Capital
Upgraded: Hold to Buy
Price Target: $65
Yesterday's Close: $48.73

Loop Capital analyst Alton Stump raised his rating on Chipotle from Hold to Buy, increasing the price target to $65 from $58. The stock price target for Chipotle Mexican Grill, Inc. ranges from a high of $75.00 to a low of $56.00, with a median of $69.00 and an average of $66.90. Chipotle operates its restaurants through various subsidiaries across the globe.

2. Peloton Interactive, Inc. $PTON ( ▼ 6.73% )  

Analyst Firm: Canaccord
Upgraded: Hold to Buy
Price Target: $10
Yesterday's Close: $6.07

Canaccord upgraded Peloton from Hold to Buy, maintaining a price target of $10. For Peloton Interactive, Inc., the stock price target varies between a high of $20.00 and a low of $5.00, with a median of $10.00 and an average of $9.96. Peloton provides an integrated fitness platform, serving both North American and international markets.

3. Revolve Group, Inc. $RVLV ( ▲ 2.11% )  

Analyst Firm: Jefferies
Upgraded: Hold to Buy
Price Target: $30
Yesterday's Close: $21.26

Jefferies analyst Randal Konik moved Revolve Group from Hold to Buy, keeping the price target at $30. The stock price target for Revolve Group, Inc. spans from a high of $40.00 to a low of $19.00, with a median of $33.00 and an average of $32.00. Revolve is an online fashion retailer that focuses on millennial and Gen Z consumers, both in the U.S. and globally.

Happy investing,

Maeve Grace
Editor In Chief
Premium Stock Alerts

Important: This newsletter does not provide investment advice. The stocks mentioned should not be taken as recommendations. Your investments are solely your decisions.

Disclosure: I hold no positions in any companies mentioned, either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.