At a Glance
Regime: Bounce · Open: Gap down · Risk on new positions: High · Custom T2108: 50.7, rising
Focus: PEPG (Biotech Catalyst · Magnitude) · PXLW (Supernova)
Secondary: N/A
Tonight After Hours: CRWV★, AZTA, BRCB, CARL, FOSL, GO, LMRI, OIG, SUJA · Tomorrow Before Open: ODD · ★ = Market Mover
Holding: DCTH, VIR
Situational Awareness
Market Condition: Bounce
Commentary: We've had a few days up now and the QQQ is approaching the underside of the Moving Averages. There's nothing magic about these but it tends to be where you see the moves fail. 3 to 4 days up and then drop down as the market trends down.
Inflation was hot today and we're seeing a negative reaction. How we close today will give us decent information on the potential for the market to have some power to the upside. I remain skeptical and am approaching things as such with smaller size. Less trades and less aggressive trades.
CRWV★ earnings after hours will be interesting. We’re seeing positive updates on the ANT IPO also which should be a market positive if it can do well. · ★ = Market Mover
Situational Awareness · 10th November 2026
Today In Focus
PEPG — PepGen: PepGen Announces Positive Phase 2 FREEDOM2-DM1 10 mg/kg Results Demonstrating Highest Reported Splicing Correction and Improvements Across Multiple Functional Measures
Biotech Catalyst · Magnitude · Mkt cap $165.3M · Float 36M · SI 10.5% (5.3 days) · Nasdaq · Theme: Biotechnology · Next earnings 11 Nov
Why: Positive Phase 2 Data. Solid Chart though it is gapping into some resistance. Meaningful Short Interest. Nice price action pre market. Biotechs tend to be somewhat disconnected from the general market.
Level: $5.50
PEPG daily · trigger $5.50
PXLW — Pixelworks: Pixelworks Partners with Meta to Bring TrueCut Motion Cinematic Content to Newly Launched Meta VR Glasses
Supernova · Mkt cap $31.5M · Float 5.2M · SI 1.2% (2.5 days) · Nasdaq · Theme: Semiconductors · Next earnings 11 Nov
Why: Bluechip partner with META. Pure hype, Story stock.
High risk mover with Supernova potential
Level: $7.30
PXLW daily · trigger $7.30
Trade Updates
Open:
DCTH - Earnings Catalyst - 9th November 2026 - 100% Remaining
VIR - Biotech Catalyst - 9th November 2026 - 100% Remaining
Macro Events (Eastern Time)
Tuesday November 10 2026
8:30 AM - Inflation Rate YoY (Oct) (Previous: 3.7%, Consensus: 3.9%)
8:30 AM - Core Inflation Rate YoY (Oct) (Previous: 2.6%, Consensus: 2.8%)
8:30 AM - Core Inflation Rate MoM (Oct) (Previous: 0.3%, Consensus: 0.2%)
8:30 AM - Inflation Rate MoM (Oct) (Previous: 0.6%, Consensus: 0.3%)
8:30 AM - CPI (Oct) (Previous: 336.94, Consensus: 337.02)
8:30 AM - CPI s.a (Oct) (Previous: 336.3, Consensus: 337)
4:30 PM - API Crude Oil Stock Change (Nov/06) (Previous: -5.267 M, Consensus: -1 M)
Fed Speakers: Waller 4:00 AM, Logan 9:35 AM, Bowman 1:30 PM, Schmid 1:30 PM
IPOs Today
SEAM - Deep Sea Minerals Corp. American Depositary Shares - NASDAQ
Biotech Calendar
XBI +3.19% on the week and +2.04% on the month, above its 50-day.
Today: Tue 10 Nov · KPTI (Karyopharm Therapeutics Inc.) · PDUFA
Coming up: Thu 12 Nov · NERV (Minerva Neurosciences, Inc.) · Readout
Note: Never front-run biotech catalysts. Wait for the catalyst to hit, then assess if the reaction is tradable. Dates are estimates and can shift.
Full H2 Biotech Watchlist: TradingView
Have a Great Day!
Sean Sharpe
