Good Morning, Traders!…👋

Major stock indexes took a sharp dive on Monday as President Donald Trump showed no signs of backing down from his sweeping tariff plans.

Investors increasingly bet that the rising risk of a recession could prompt the Federal Reserve to cut interest rates as early as May. Futures markets quickly priced in almost five quarter-point rate cuts this year, pushing Treasury yields lower and weighing on the dollar as investors flocked to safe-haven assets.

The grim outlook for global growth pressured oil prices, with Brent crude dropping $2.20 to $63.40 per barrel and U.S. crude plunging $2.75 to $59.23 per barrel.

Even gold, typically a safe-haven asset, was caught in the sell-off, slipping 0.3% to $3,026 an ounce. The widespread drop left dealers speculating that investors might be selling off assets to cover losses and margin calls, potentially fueling a self-reinforcing fire sale.

Earnings Watch

Earnings roll out today from Delta Air Lines $DAL ( ▼ 1.42% )  , Tilray $TLRY ( ▼ 0.12% )  , and WD-40 $WDFC ( ▲ 0.55% )  , among others.

Analysts expect Delta to soar with $1.85 EPS on travel demand, Tilray to spark $0.05 EPS with cannabis growth, and WD-40 to grease $1.35 EPS.

Happening Today

✓ 03:00 PM ET – Consumer Credit (Feb)

PREMARKET SNAPSHOT 📈

​Global markets are experiencing significant declines amid escalating trade tensions. U.S. stock futures indicate a sharp drop, with S&P 500 futures down over 3%, potentially confirming a bear market. European and Asian markets are also seeing substantial losses, reflecting widespread investor concern.

SECTOR SNAPSHOT✨

Yesterday market plunged sharply with every major sector ending deep in the red. Energy led the collapse with a brutal drop of nearly 9%, followed by steep losses in financials, tech, and industrials. Defensive sectors like consumer staples, health care, and utilities couldn’t escape the selloff either. No area was spared as investors dumped risk across the board in one of the worst sector-wide declines in recent sessions.

PreMarket Unusual Volume Stocks

📈 Bluejay Diagnostics, Inc. $BJDX ( ▼ 11.36% ) is spiking in early trade, up nearly 93% with 5.79M shares traded pre-market, a sharp rise from its 130.7K average volume. The biotech name is drawing strong interest—likely fueled by fresh catalysts or speculative momentum.

📈 Chanson International Holding $CHSN ( ▼ 7.19% ) is surging over 146% pre-market with volume exploding to 51.36M shares compared to its 1.75M average. This kind of outsized activity points to a breakout scenario that traders are watching closely.

📈 Wellchange Holdings Co. $WCT ( ▲ 12.36% ) continues its active streak, gaining nearly 27% with 6.19M shares traded so far—well above its 574.1K average. The sustained volume suggests this stock remains a favorite among momentum traders.

📈 LogicMark, Inc. $LGMK ( ▲ 32.32% ) is showing modest gains of about 7%, trading 6.41M shares in the pre-market compared to its 11.04M average. While the move isn’t huge, the early activity indicates ongoing speculative interest.

📈 SUNation Energy, Inc. $SUNE ( ▲ 27.56% ) is up nearly 20% in pre-market action with 15.48M shares changing hands versus its 30.3M average. The renewed buying may reflect a bounce attempt following recent declines.

Premarket Picks

Chanson International Holding (CHSN) surged by 155.66% in pre-market trading, reaching a price of $0.56. The increase followed the company’s announcement of its fiscal year 2024 financial results, which showed a total revenue of $18.2 million, up 5.7% from $17.3 million in fiscal year 2023.

SUNation Energy Inc. (SUNE) saw a pre-market jump of 29.31%, with its stock price reaching $0.27. This surge came after the company filed an 8-K form with the SEC.

Sinclair, Inc. (SBGI) gained 30.62% in pre-market trading, bringing its stock price to $18.00. The increase followed the announcement that Christina Tesauro had been named Senior Vice President of Sales for Tennis Channel and AMP Sports.

Full House Resorts, Inc. (FLL) rose by 58.86% in pre-market trading, reaching a price of $5.29. The surge was driven by the company’s filing of an 8-K form with the SEC.

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

Top Upgrades:

1. Sealed Air Corporation $SEE ( ▲ 2.39% ) 

Analyst Firm: UBS
Upgraded: Neutral to Buy
Price Target: $38
Friday's Close: $24.41

UBS raised its rating on Sealed Air to Buy from Neutral, maintaining a price target of $38. Sealed Air Corporation, a global leader in packaging solutions, has analyst stock price estimates ranging from a low of $33.00 to a high of $48.80. The median target stands at $39.00, with the average target price at $40.14.

2. KeyCorp $KEY ( ▲ 2.4% ) 

Analyst Firm: Baird
Upgraded: Neutral to Outperform
Price Target: $18
Friday's Close: $13.47

Baird analyst David George upgraded KeyCorp to Outperform from Neutral, keeping the price target at $18. KeyCorp, the parent company of KeyBank, offers a range of banking services in the U.S. Analysts have set stock price targets for the company, with the high estimate at $21.00, the low estimate at $16.50, and the median target at $18.50. The average price target is $18.75.

3. Roku, Inc. $ROKU ( ▼ 1.2% ) 

Analyst Firm: Redburn Atlantic
Upgraded: Neutral to Buy
Price Target: $100
Friday's Close: $55.28

Redburn Atlantic upgraded Roku to Buy from Neutral, setting a price target of $100. Roku, which operates a popular TV streaming platform both in the U.S. and globally, has analyst stock price targets ranging from a low of $70.00 to a high of $130.00. The median price target is $104.00, and the average target stands at $104.56.

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.