The S&P 500 lost 2.1% on Thursday and gave back a big chunk of its Wednesday gains. The Dow fell 1.5% on the session, and the Nasdaq lost 2.8%. The small-cap Russell 2k closed with a 2.3% decline. Today, futures are rising in early morning trading. S&P 500 contracts are up 0.5% at the moment. The #1 Lithium Stock for October 2022 🔋 This tiny stock is flying under Wall Street's radar, and it's trading for less than $0.30 per share.
The firm just recently uncovered 8 high-quality targets on unexplored ground, and drills will be turning later this year. Best of all, very few investors are aware of the opportunity, so the potential upside could be massive. However, be forewarned, a ground-floor opportunity like this won't last for long. Act now, and make your move before you miss out. It's all in the FREE report you can get here. Eurozone inflation hit an annual rate of 10% in Sept. as concerns about energy supplies weigh on European economies. Hasbro [HAS] - Last Close: $67.89 Hasbro is rebounding from a newly set low. The toy maker hit a new 52-week low on Thursday, when share prices slid to $66.92 per share. However, shares are rebounding in today's session with little to no news to explain the gains. It's possible that investors are circling the stock in anticipation of the upcoming Christmas holiday. HAS is one of this morning's top S&P 500 stocks with a 2.6% gain. My Take: HAS has a P/E ratio of just 17.5, and it could be a good time to buy with the holiday shopping season approaching fast. However, the stock has been locked in a pronounced down-trend since the start of the year. Ainos Inc [AIMD] - Last Close: $1.38 New drug data is giving shares of Ainos a big premarket boost. The healthcare company said its study of low-dose oral interferon formulation, VELDONA, as a possible treatment for the Omicron variant of SARS-CoV-2 is producing promising results. Ainos said the treatment "showed significant stabilization of physical condition and complete recovery from lung inflammation throughout the course of treatment period." The company says it has submitted application documents to begin a Phase 2 clinical trial in patients with mild COVID-19. The promising data drove AIMD to a 47.1% gain on active trading volume in today's premarket. My Take: This biotech stock could be very volatile due to its low float and erratic price action. Today's story is good news, but Ainos seems a little late to the party given that COVID-19 hysteria is fading. SAI.TECH Global Corp. [SAI] - Last Close: $2.26 SAI.TECH Is rebounding from steep losses on Thursday. The Singapore-based Bitcoin miner took a 26.1% loss yesterday and hit a new 52-week low, but shares are rallying ahead of today's opening bell. The declines came in spite of two seemingly upbeat announcements from the company this week. On Tuesday, SAI reported that it has been approved to receive an Underwriters Laboratories listing certification for its core product, SAIHUB-CAB 025M. On Wednesday, the company announced the launch of new liquid-cooling bitcoin mining infrastructure products. Today, SAI is rebounding from its Thursday losses with a 31.8% premarket gain, and it's one of this morning's most active stocks. My Take: It's been a rough year for Bitcoin and related stocks, but some of these companies are beginning to look like values. SAI has notched huge losses this week, and it's possible the sell-off has been overdone. Arrival SA [ARVL] - Last Close: $0.7876 Arrival SA just reached a pivotal milestone, and shares are rallying on the news. The Luxembourg-based EV stock is on the rise after announced it had successfully produced its first production vehicle at its Bicester Microfactory. The production milestone is a big step towards full-scale production, and puts the firm on course to begin customer deliveries soon. "Today is an important day for Arrival. This is the first time a vehicle has ever been built in our Microfactory, using a new method that does not use a traditional assembly line," said Denis Sverdlov, Founder and CEO at Arrival. The Arrival Vans produced this year in the company's first Microfactory in Bicester, UK, will be used for continued testing; not sold to customers. ARVL is trading actively with an 18.6% gain. My Take: This dark horse EV stock could be worth watching. It's got an elevated short percentage of 12.35%, and it could be on course for more bullish headlines after successfully producing its first production vehicle. |