Markets opened slightly cautious on Tuesday, June 2, with futures pointing lower after Monday's record-setting session. But as usual for day traders, the broad indexes matter less than the stock-specific action, and there's plenty of that today.
HPE — The Quarter of the Year
The biggest story on every scanner is HPE (Hewlett Packard Enterprise). The stock surged roughly 30% in pre-market trading after reporting fiscal Q2 results that smashed every forecast. Revenue hit $10.7 billion, up 40% year-over-year, while adjusted EPS of $0.79 beat the consensus estimate of $0.54 by 46%.
The catalyst is all AI. HPE reported unprecedented demand for AI infrastructure — particularly agentic AI workloads and the Juniper networking integration — with orders more than doubling and building a record backlog. The company also raised its full-year outlook sharply, projecting Q3 revenue of $11.5-$12.1 billion.
Day traders are calling this a "once-a-quarter gap" — a rare fundamental event that creates a clean momentum trade. The stock closed Monday at $47 and opened near $59-$60.
NVDA Riding the Computex Wave
NVIDIA continues to build on Monday's 6.3% surge following its Computex announcements, including the new RTX Spark PC chip. Shares are trading around $226-$227 at the open.
One of the more closely watched accounts, @ultrawavetrader, posted buying 1,500 NVDA 222.5 Call contracts at roughly $0.53 each, later selling half the position for $9.65. He's also holding a long position in NBIS (Nebius Group) opened midday Monday — NBIS jumped 14.5% on Monday to $264.51, and pre-market trading shows another 5-6% gain.
Micro-Cap Gappers
Below the large-cap stories, day trader scanners are lighting up with micro-cap momentum plays showing triple-digit percentage moves:
- BJDX (Bluejay Diagnostics): Up ~148-183% pre-market, catalyzed by a strategic partnership with Argonaut Manufacturing Services.
- DXST (Decent Holding): Up ~92-122% on extreme relative volume.
- VSA (VisionSys AI): Up ~73-75%.
- CTNT (Cheetah Net Supply Chain): Up ~30-33%.
Traders describe these as "scanner names" — low-float stocks with explosive relative volume that attract speculative momentum. The risk is equally extreme, with rapid reversals common at the open.
VELO — The StockWhale Portfolio Play
In active trader Discord communities, @thestockwhale highlighted VELO surging 40%+ in two days, making it the fourth-best performer in his portfolio. He continues trimming profits in BKSY and BW.
The Bottom Line
Today's day trader chatter is unusually broad. HPE provides the cleanest fundamental catalyst in months. NVDA and NBIS keep the AI narrative going. And the micro-cap scanners offer the volatility that momentum traders crave. The indexes themselves are taking a breather near all-time highs, but the stock-level action is anything but quiet. Traders are emphasizing tight risk management — opportunities are plentiful, but so are liquidity traps.
