Hi! I am an ex-prop shop equity trader.
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.
Tariffs are here.
News: [Trump Tariffs China, Canada, Mexico](https://www.bloomberg.com/news/live-blog/2025-03-04/trump-tariffs-china-canada-mexico)
**Ticker:** [**TSLA (Tesla)**](https://finviz.com/quote.ashx?t=TSLA&p=d)
**Catalyst:** Reports preliminary February China deliveries of 30,688 cars, down close to 50% from last year.
**Technicals:** Overall a brutal delivery report. TSLA has been on a slide since post-election highs and frankly shows no real sign of recovery. Looking for a small bounce in this stock but I don't think there is much potential for long-term recovery.
**Catalyst/Sector Context:** TSLA's EV sales have been declining in China mainly due to BYD, which are considered to make better cars for far cheaper outside the US. The US has a 100% EV tariff for non-US made EV vehicles.
**Risks:** BYD has been eating TSLA's lunch outside of the US. I truly don't see TSLA retaining dominance as the EV of choice outside the US.
**Ticker:** [**OKTA (Okta)**](https://finviz.com/quote.ashx?t=OKTA&p=d)
**Catalyst:** Okta beat earnings expectations with EPS of $.78 vs $.74,gave guidance that supports EPS of $3.20 vs $2.93. (Also note that CRWD reports today but are not direct competitors)
**Technicals:** Watching $100 level.
**Catalyst/Sector Context:** Cybersecurity (more specifically IAM) grows yearly mainly due to RPO and cRPO (remaining performance obligations). This is subscription backlog expected to be recognized over the next 12 months.
**Risks:** Market saturation/pricing concerns from competitors.
**Ticker:** [**NVDA (Nvidia)**](https://finviz.com/quote.ashx?t=NVDA&p=d)
**Catalyst:** Nvidia is front and center as the stock most affected by tariff concerns.
**Technicals:** Watching $110 level. Note that this is the lowest it's been since September 2024. We have millions of shares come in in the first 2 minutes of the open so watch for that.
**Catalyst/Sector Context:** Not much to speak of that hasn't been said before, but NVDA is heavily affected by tariffs and the CHIPS Act, with additional scrutiny that it is somehow bypassing export controls and having their chips go into China.
**Risks:** MORE trade disputes, more potential export restrictions, (Trump has cited he wants to strengthen export controls for NVDA).
**Ticker:** [**BABA (Alibaba)**](https://finviz.com/quote.ashx?t=BABA&p=d) / [FXI (iShares China Large-Cap ETF)](https://finviz.com/quote.ashx?t=FXI&p=d) / Other Chinese Stocks
**Catalyst:** China has imposed 15% retaliatory tariffs on select U.S. goods.
**Technicals:** $130 level. Most interesting level I'm watching today.
**Catalyst/Sector Context:** Tariffs, stimulus from the Chinese government, China has been spending for increased consumer confidence.
**Risks:** Even greater tariffs, the cash cannon that China is using dies down, less spending by Chinese consumers, etc.
**Related Tickers:** CRM, ZS
