Slowest pre market and market open I can maybe EVER remember, use these breaks to study and improve yourself. Action will come back, relish days like today, they dont come often.
Watchlist for 10-28-2016 $NEO, $CANN, $CBDS, $LGCY, $BTUUQ
As expected not that much on scan for tonight. If you were in the sessions yesterday you heard me talk about the “mixed market” and my feeling we may be in the middle of a change. So because of that a LOT of sideways low volume stocks.
Plan is still be short biased on any big rippers this morning.
Neogenomics Inc. (NEO)
Long overnight, ideally an all day grind up. Looking to potentially swing this over multiple days.
General Cannabis Corp. (CANN)
General Cannabis Corp. (CANN)
Sticking with my theory the “weed” stocks will still catch another run going into the election/vote.
Legacy Reserves LP (LGCY)
All the bankrupt energy stocks have gotten pretty choppy, will look to buy this if they get going especially BTUUQ
Watchlist for 10-25-2016 $KOOL, $DRWI, $UNIS, $SUNEQ, $BTUUQ, $SAEX, $HMNY
Check your watchlists, weed stocks and bankrupt energy stocks all in play. Still like all weekly watches too, “real” companies, LULU, TWLO, MSFT etc. LOT on watch, winnow down to a manageble list for you.
Cesca Therapeutics Inc. (KOOL)
Watching $4 break, stop in the $3.80’s
DragonWave Inc. (DRWI)
Weak open R/G
Unilife (UNIS)
Grind above $3.00 stop on high $2.80/$2.90’s
SunEdison, Inc. (SUNEQ)
Weak open R/G
Peabody Energy Corporation (BTUUQ)
For sure an interesting watch but doubt I trade it today. After taking profits yesterday, I don’t see anyway I can go long here, so stalking the short. But thinking this still goes much higher. Watching for an “exponential” move.
SAExploration Holdings, Inc. (SAEX)
Skipped this at the close yesterday 🙁
Watching for a base around $10.00
Helios and Matheson Analytics Inc. (HMNY)
Main short watch, ideally late day fade.
Watchlist for 10-24-2016 – $HMNY, $BTUUQ, $DRWI, $TWLO, $LULU, $MSFT
Watchlist for 10-21-2016 – $DRWI, $BTUUQ, $CJESQ, $ABEO
Less is more, especially after yesterday. Been a great week and looking to finish it out solid. Not going to press to hard, looking for “easy” trades.
Keep an eye on the “weed stocks” list and the “bankrupt energy stocks” list I’ve posted to the dashboards. These are still interesting and in play.
DragonWave Inc. (DRWI)
Weak open red to green
Peabody Energy Corporation (BTUUQ)
C&J Energy Services, Ltd. (CJESQ)
VERY sketchy, stay small and take quick profits. But my plan is weak open red to green today and then get ready for the short late day or more likely into next week.
Abeona Therapeutics Inc. (ABEO)
Recurring theme today 🙂 Weak open red to green. Shorting is NOT worth the pain right and and doubly so on a Friday. Remember past strategy sessions, shorting can work on Fridays but the edge is not there.