Stocks Stumble to Close Out the Week 📉

[Image](www.elitetrade.club) Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Welcome to the Closing Bell Roundup. Please, feel free to reply to this email and tell us what you think of this new addition to the Elite Trade Club lineup! Happy Friday! It's October 7th. Here's what moved the market today: Markets 📈 Stocks nosedived today after the September jobs report showed hiring slowed to just 263,000 new jobs last month. The S&P 500 [-2.8%], Dow [-2.1%], and Nasdaq [-3.8%] took big losses on the day. The small-cap Russell 2k [-2.9%] also suffered steep declines. Sponsored [A "Strong Buy" Small-Cap with BIG Potential]( 📈 Recently released news could set off a big rally in this small-cap stock. The company has demonstrated a commitment to maintaining shareholder value, and it has expansion plans that could drive huge revenue growth. Best of all, recent price action indicates it could be on the verge of a major breakout. The setup looks promising, and, with a potential catalyst in play, this could be the perfect time to get in on the ground floor. [Get a Full Report on This Potential Breakout Here]( Today's Market-Moving News 🔎 - Sept. Jobs Explained: The US economy only added 263,000 in September. It was the lowest number of jobs added since May 2021, but unemployment remained low at 3.5%. The prevailing sentiment is the economy remains too strong for the Fed to deviate from its plans to further raise rates. Today's Top Winners and Losers 🔥 Senti Biosciences Inc [SNTI] $4.48 (-31.2%) Morgan Stanley analyst Michael Ulz initiated coverage on SNTI today with a rating of "equal weight" and a price target of $7.50. Shares fell despite the analysts' seemingly optimistic target. Canopy Growth [CGC] $2.79 (-25.6%) CGC took steep losses today and erased its gains from yesterday's pot stock rally. Shares closed well below their Wednesday closing price. Canopy Growth is a Canadian cannabis firm, so it's unclear how loosening US restrictions would benefit its business. WM Technology [MAPS ://elitetra.de/L2Ic ] $2.07 (-25.0%) MAPS also gave back some of its Thursday gains in today's session, but it managed to hold onto to roughly half of its spoils and fared slightly better than CGC. Innovative Eyewear Inc [LUCY] $2.63 (+62.3%) Innovative Eyewear rallied after it released its October investor presentation yesterday. The presentation highlighted the company's 44 pending and granted patents, a multi-year license to the Nautica fashion brand for smart eyewear, and other promising business developments. Abeona Therapeutics Inc [ABEO] $4.41 (+25.2%) ABEO announced the last patient from a late-stage trial of its EB-101 cell therapy candidate has completed their six-month follow-up visit, and the company plans to finalize its trial data within three weeks. If the data is acceptable, Abeona will seek FDA approval for EB-101 in the near future. Aehr Test Systems [AEHR] $17.19 (+23.9%) AEHR reported better-than-expected EPS of $0.05 on revenues of $10.7 million, beating the Street's targets of $0.01 EPS on sales of $8.5 million. The company's full-year guidance for FY23 also beat analysts' expectations. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. Have a great weekend. I'll see you at the next open! Best Regards, Adam G. -- Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! You can also text CLOSE to 47121 to get the Closing Bell Roundup sent to your mobile inbox, too! *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails. 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](