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$FTHM +84.04% — what the base rate says

$FTHM +84.04% — what the base rate says

We keep the receipts clean: our $PAVS call from Monday opened at 0.4736 and flushed 60% to close at 0.1899. Process over hope.

Let's talk about Spero Therapeutics $SPRO. They won FDA approval for the first oral carbapenem antibiotic for UTIs, partnered with pharma giant GSK. Retail thinks "FDA approval = Lambo." The market thinks "exit liquidity."

$SPRO cratered 23% on the day of its biggest triumph.

In 2,153 historical cases of catalyst-driven gap-downs of 20% or worse, the stock closes green only 43% of the time. The remaining 56% of instances see the selling pressure carry right through to a red close. Amateurs buy the hype; professionals study the distribution.

Sipping coffee while watching retail try to catch a falling knife that literally has FDA approval stamped on it. Journal the lesson.

What the data showed

  • $FTHM +84.04% Fathom Holdings Inc. · closed red 65% · green 34% (n=2,881) mcap $14M · float 20M shares · sector: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS)
  • $QURE +80.94% uniQure N.V. · closed red 65% · green 34% (n=2,881) mcap $1.8B · float 62M shares · sector: PHARMACEUTICAL PREPARATIONS
  • $RGNX +22.94% REGENXBIO Inc. · closed red 62% · green 37% (n=4,898) mcap $366M · float 47M shares · sector: BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
  • $BGDE +21.58% Big Digital Energy, Inc. · closed red 62% · green 37% (n=4,898)
  • $LZB +19.59% La-Z-Boy Incorporated · closed red 60% · green 39% (n=7,131) mcap $1.5B · float 43M shares · sector: HOUSEHOLD FURNITURE
  • $FRMI +12.75% Fermi Inc. · closed red 59% · green 40% (n=11,458) mcap $4.8B · float 270M shares · sector: REAL ESTATE INVESTMENT TRUSTS
  • $ARM +11.36% Arm Holdings plc · closed red 59% · green 40% (n=11,458) mcap $440.6B · float 1.1B shares · sector: Semiconductors & Related Devices
  • $PZZA +10.06% Papa John's International, Inc. · closed red 59% · green 40% (n=11,458) mcap $1.1B · float 32M shares · sector: RETAIL-EATING PLACES
  • $CAPR +9.17% Capricor Therapeutics, Inc. mcap $1.5B · float 50M shares · sector: PHARMACEUTICAL PREPARATIONS
  • $CRML +8.42% Critical Metals Corp. mcap $1.8B · float 64M shares
  • $SPRO -23.10% Spero Therapeutics, Inc. · closed red 56% · green 43% (n=2,153) mcap $168M · float 45M shares · sector: PHARMACEUTICAL PREPARATIONS
  • $KMX -7.24% CarMax, Inc. mcap $7.4B · float 136M shares · sector: RETAIL-AUTO DEALERS & GASOLINE STATIONS
  • $MORN -4.17% Morningstar, Inc.
  • $IQV -3.32% IQVIA Holdings Inc. mcap $29.8B · float 168M shares · sector: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH
  • $EL -2.49% The Estée Lauder Companies Inc. mcap $32.6B · float 246M shares · sector: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS
  • $MT -2.23% ArcelorMittal S.A. mcap $52.6B · float 775M shares · sector: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
  • $ANF -2.18% Abercrombie & Fitch Co. mcap $4.0B · float 44M shares · sector: RETAIL-FAMILY CLOTHING STORES
  • $RACE -1.92% Ferrari N.V. mcap $65.0B · float 137M shares · sector: Motor Vehicles & Passenger Car Bodies
  • $GOOG -1.75% Alphabet Inc. mcap $4479.7B · float 5.1B shares · sector: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
  • $TM -1.70% Toyota Motor Corporation mcap $213.4B · float 1.6B shares · sector: Motor Vehicles & Passenger Car Bodies

Stop guessing if a hot FDA approval or meme merger is a buy or a trap. Backtest the historical win rate of every gap setup on FILTRIX.net before putting capital on the line. Discipline > FOMO

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