Stocks in Play - April 10th 2025

TLDR Stocks in Play: LOVE is in the AEHR

Welcome to today's Stocks in Play report. Below are the key stocks to watch, along with brief x-ray and analysis.

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1) Lovesac Company (LOVE) (Rating: B+, Single-Day)

Industry Group: Home Furnishings, Market Cap: $286m, Float: 14m, Short Interest: 25%, Days to Cover: 8, Exchange: NASDAQ

Catalyst: Strong beat on EPS ($2.13 vs est $1.87), Slight beat on Revs, Appointed new Brand & Marketing Officer (previously with Crocs). Had a big move yesterday with the rest of the market. Very low float and very high short interest. Not an EP but solid potential to squeeze.

Honorable Mention to: AEHR - Day two to watch. I think this has potential to continue it’s move. I’d love to see it coming back into $8 support area. Chinese Stocks are out performing early this morning. Any sort of positive move from US or Chinese administrations today would send these rocketing.

Market Awareness

What a day…Nothing really to say except wow. Markets have become more and more reactive and yesterday was a prime example of this. Waiting for follow through days or all the moving averages in the right order is less and less relevant these days. The most common risk reward is buying a support level and selling a resistance level. That being said yesterday was outrageous and it leaves us wondering if this follows through here or fades.

Watching VIX again today, I expect choppiness and fading. All the major stocks came right up into key levels. The gap down this morning is positive in my view. Let’s see if we can work against new support here. CPI data will be out before the market opens (8:30am est.) this will set the scene for todays action. There is a bond auction at 1pm also. I know absolutely nothing about bonds but people feel it’s important right now so worth noting the time.

I’m concentrating on regularly Stocks in Play today. I will be cautious all round and expect whipsaw action. Smaller targets, taking profits where I can get them. Bank earnings tomorrow and proper earnings season kicking off next week. Important to finish the week in a positive manner.

Tomorrow Morning I’m Watching: KMX, BYRN, LOVE (Earnings)

Top Pick Watchlists:

• Top Picks - November 2024

  • LONG: ALAB, HNST, SNOW, ESTC, RKLB, SMTC, URBN, PLTR, GAP, TSLA, SE, RDDT

• Top Picks - December 2024 

  • LONG: CRDO, MRVL, OKTA, FIVE, RBRK, AVGO

• Top Picks - January 2025 

  • LONG: CEG, FUBO, BLK, GE

• Top Picks - February 2025 

  • LONG: MAT, PINS, AXON

Sources & Services I Use in my Trading:

• Finviz - Short Interest, Float, Articles, Fundamentals (Free)

• Benzinga Pro - News Source + News Squawk + Earnings Data (Paid)

• Tradingview - Charting & Scanning (Paid)

• Koyfin - Fundamental Data (Paid)

• EarningsWhispers - Earnings Calendar (Free)

• Tradersync - Trade Journal (Paid)

_{PS: There are many ways to trade stocks in play. It does not have to be the one that keeps going straight up and sometimes it doesn’t even have to be day one of the catalyst. Everyone must find a setup, timeframe and method that works for them. This list is supposed to educate on the criteria I use and the methods in which I find Stocks in Play. Yours may differ and that is completely okay.}