Futures rebound after two-day sell-off 📈

Good Morning! Hey, there! It's Chris from Elite Trade Club, here to give you this morning's premarket trading news. Today is Thursday, August 17th. I hope you have a great day in the market. Now, let's get ready to trade! Markets 📈 Stocks extended their slide on Wednesday, led by the Nasdaq's 1.1% sell off. The Dow lost half a point, while the S&P 500 fell by 0.7%. The small-cap Russell 2K underperformed with a 1.2% sell off. Index futures are rebounding in early trading. S&P 500 contracts are currently showing a 0.2% gain. Sponsored [Strong Fundamentals Could Make This Stock a Winner 📈]( An under-the-radar company is embarking on an exciting project that could skyrocket its revenues in the coming quarters. Best of all, there could be significant upside from its current price point. [ADD THIS COMPANY TO YOUR WATCHLIST NOW!]( Premarket Highlights 🔎 📈 Treasury Yields are Soaring The yield on the ten-year Treasury bond hit a 15-year high of 4.30% on Wednesday, while the 30-year approached 4.40%. Yields go up as bond prices fall, so Treasury bonds are beginning to look like a much more attractive investment. Yields can only go so high before they start sucking money out of the stock market. If yields continue to rise, we could definitely see the stock market's recent rally lose some of its momentum. What to Watch Today 👀 Walmart Earnings Walmart will report earnings before today's open, and I'll be listening closely for signs of trouble. The discount retail giant's earnings are a good gauge for the health of middle-class consumers. If U.S. consumers are facing pressure, Walmart's earnings report could provide an early warning for investors. Major Earnings 💰 Walmart Inc. [WMT] ... AM Bilibili Inc. Dr [BILI] ... AM Madison Square Garden Sports Corp. [MSGS] ... AM Tapestry, Inc. [TPR] ... AM Lumentum Holdings Inc. [LITE] ... AM Applied Materials, Inc. [AMAT] ... PM Ross Stores, Inc. [ROST] ... PM Keysight Technologies Inc. [KEYS] ... PM Bill Holdings, Inc. [BILL] ... AM Globant S.A. [GLOB] ... PM Economy 🏗 - Initial jobless claims [Aug] ... 8:30a - Philadelphia Fed manufacturing survey [Aug] ... 8:30a - U.S. leading economic indicators [Jul] ... 10:00a Running Hot 🔥 Gainers - Sunlight Fin Holdings [SUNL] >> +60.4% - Xwell [XWEL] >> +36.5% - Ocean Power [OPTT] >> +25.6% - Infinity [INFI] >> +31.9% Decliners - Creative Realities [CREX] >> (31.0%) - EMCORE [EMKR] >> (30.3%) - KULR Technology [KULR] >> (24.9%) - Hawaiian Electric [HE] >> (18.0%) Advanced Health Intelligence [AHI] - Last Close: $3.84 Advanced Health is rallying after a late-Wednesday announcement. Yesterday evening, the company announced it obtained an Overseas R&D Reimbursement under Australia's research & development tax incentive scheme. The Australian government determined Advanced Health was eligible for a 43.5% reimbursement of costs associated with the development of intellectual property. An AHI statement said the savings will allow it to "extend its leadership in its field of smartphone-derived biometric health technology." AHI is one of this morning's top performers with a 26.8% gain. My Take: AHI is facing stiff resistance at the $5 mark. So far, this rally hasn't been enough to break through the wall. Modular Medical Partners [MODD] - Last Close: $0.98 Recent news is boosting Modular Medical this morning. After Wednesday's close, the company announced a new partnership with Phillips-Medisize for its MODD1 insulin delivery system. Under the deal, the companies will collaborate on the design and development of manufacturing and assembly processes for the MODD1 device. The company said Phillips-Medisize's has knowledge of "conventional, two-shot and insert injection molding" and other manufacturing & development expertise. MODD is up 27.5% in response to the news. My Take: This rally could put MODD into a new trading range. But, expect volatility because this is a very small float stock. Tivic Health Systems [TIVC] - Last Close: $0.0670 Tivic Health extended yesterday's rally into today's premarket. On Wednesday, the company said a research study it's funding at the Feinstein Institutes for Medical Research had begun enrollment of clinical trial patients. The upcoming study will evaluate its novel non-invasive bio-electronic device as a treatment for vagus nerve stimulation. The Feinstein Institute has initiated recruitment and completed the first enrollment of patients for the 20-person study. TIVC jumped 80.1% on Wednesday following this announcement, and it's up another 51.9% in today's premarket on elevated trading volume. My Take: TIVC is up 173% from its Tuesday closing price, so this rally is beginning to look over extended. Don't chase. Ascent Solar [ASTI] - Last Close: $0.0672 Ascent Solar is rebounding after a steep sell-off. The micro-float solar stock has had a disastrous year, but its long down-trend could finally be bottoming out. Ascent Solar set a new 52-week low of $0.06 per share on Monday, but it has been battling back ever since. The stock gained 2.1% yesterday, and it experienced a massive spike in trading volume. Now, ASTI is up 22.0% in the premarket, and it's one of the morning's most actively traded stocks. My Take: This looks like a targeted run on a small-float stock that was at rock bottom. There could be more upside in ASTI if the bulls can maintain the buying pressure. That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris D. -- Elite Trade Club P.S... 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