I go over my process in “rolling” over the previous days watch list as well as picking out new tickers for potential trades.
Good day sticking to plans, spotted DCTH before the big move.
Note: I have to report for Jury Duty Selection at 1PM. I have no idea how long this takes, but I may miss the afternoon session. HOPING it will not take too long and I will be back in time. Thanks
Its Friday! We had a great week up until yesterday, no reason to give back any gains this close to the election. I know I sound like a stuck record, but trade small and agile. If something doesnt work TAKE IT OFF and move on, today and Monday of all days should NEVER have a more than small loss. I’m licking my chops for next week, but forcing myself to be disciplined and patient.
FireEye, Inc. (FEYE)
Earnings winner, will be watching dips to low $12’s.
Technical Communications Corporation (TCCO)
Trying to let this work from yesterday. If it holds $3 could get “squeezy”.
Gravity Co., Ltd (GRVY)
Weak open red to green, still long bias but only because it’s Friday, any other day and this becomes a short. Hoping for one more move up.
American Cannabis Company, Inc. (AMMJ)
United Cannabis Corporation (CNAB)
Cannabics Pharmaceuticals Inc. (CNBX)
Same plan as the last few weeks. If they are green with volume will look to trade them as long as they stay green, and move red is a stop loss. Still will not short these going into the election, even though we all know they are complete POS’s.
Skyline Medical Inc. (SKLN)
Hoping for a pop to start into a short.
Slow morning, plans below. TCCO was interesting for a little bit but then kind of disappointed.
Remember the strategy session from Tuesday, trade small and agile! http://stockstotrade.com/strategy-session-11-1-2016-adapting-to-market-conditions-leading-into-the-election/
Small list going to really focus on pre market action today, every day we get closer to the election the shorter my time frame gets.
Weak open red to green for a short squeeze.
AXIM, AMMJ, CNAB
My “wheelhouse” weak stocks, will long these as long as they get green and stay green. Any time they go red will dump them.
Again another day all about locating and focusing on the best trades, today was SKLN!
Good discussion of potential gapper SKLN and lots of trading psychology, good content to catch up on, very useful especially if you are holding some losers.
Primary focus on AMMJ, SKLN, GRVY, NSPR, ANGI. Killer locate on NSPR and nice slow grind up on AMMJ
Focus on weed stocks again, lots of volume coming in, and tons of chat on twitter/online.
GRVY, weak open/red to green. Lots of discussion on this yesterday and will further discuss tonight: http://stockstotrade.com/market-close-livestream-10-31-2016/
GRVY will become a short soon, but I think it has a little more in it.
ANGI earnings winner, potential long.