(04/24) Interesting Stocks Today - China says there are no trade negotiations!
This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.
Watching the typical market/volatility stocks in addition to the tariff play stocks.
News: [China says there are no trade negotiations with the US over Tariffs](https://apnews.com/article/china-us-tariff-negotiations-trump-481ff4402f5c34776ffcb8ced4c8ae42)
[**F (Ford)**](https://finviz.com/quote.ashx?t=F&p=d)**,** [**GM (General Motors)**](https://finviz.com/quote.ashx?t=GM&p=d)**,** [**STLA (Stellantis)**](https://finviz.com/quote.ashx?t=STLA&p=d)\- President Trump announced the possibility of increasing the existing 25% tariff on cars imported from Canada, aiming to "reduce reliance on foreign car imports and promote domestic auto manufacturing". This news happened afterhours yesterday (which is why all the car companies had a weird spike at the close). This is a rehash of the 25% tariff on all imported cars which was announced ahead of 'Liberation Day', so I don't think this should ultimately shouldn't have a massive effect on these stocks unless there are additional tariffs. 25% tariffs on imports of automobiles/automobile parts have been known for a while, so at this point I'll wait to see how car companies react at the open. The highest risk at the moment are retaliatory tariffs from Canada.
[**INDA (India ETF)**](https://finviz.com/quote.ashx?t=INDA&p=d)\- Pakistan has suspended all trade with India, closed its airspace to Indian airlines, and rejected India's claims regarding a Kashmir attack, escalating tensions between the two nations. The geopolitical tension between the two countries has been going on for close to 100 years, watching to see if there's more escalation between the two countries.
[**AAL (American Airlines)**](https://finviz.com/quote.ashx?t=AAL&p=d)\- American Airlines reported Q1 earnings with an EPS of -$0.59 vs. -$0.69 expected and revenue of $12.6B vs. $12.5B expected. The company withdrew its FY outlook and provided weak Q2 guidance based on current demand trends. Interested in $9 level. Overall bearish but no position. AAL has fallen close to 50% since February, so I'm mainly interested to see if there is any chance of economic turnaround. There are some knock-on effects from tariffs due to fuel costs/economic prosperity of travelers for discretionary spending. Risks are typically continued persistently weak demand and operational disruptions (further plane accidents).
[**ZIM (ZIM Integrated Shipping Services)**](https://finviz.com/quote.ashx?t=ZIM&p=d)**,** [**SBLK (Star Bulk Carriers)**](https://finviz.com/quote.ashx?t=SBLK&p=d)**,** [**MATX (Matson, Inc.)**](https://finviz.com/quote.ashx?t=MATX&p=d)\- Flexport (a supply chain logistics platform) reported a 60% decline in ocean freight bookings from China to the U.S. since new tariffs took effect, leading carriers to cancel a quarter of sailings and reroute capacity to other trade lanes. Overall more of a swing trade for the long term rather than a day trade, interested primarily in MATX. The shipping industry is experiencing significant disruptions due to trade policy changes; we'll likely see earnings affect a ton of these stocks and I'm interested if they give outlook during earnings.
**Earnings:** [**GOOG**](https://finviz.com/quote.ashx?t=GOOG&p=d), [**TMUS**](https://finviz.com/quote.ashx?t=TMUS&p=d), [**GILD**](https://finviz.com/quote.ashx?t=GILD&p=d)