Watchlist for 12-12-2016 $IDXG, $TLYS, $ASNA, $FMCC, $FNMA, $INVN

Interpace Diagnostics Group, Inc. (IDXG)

VERY speculative stock, up on VERY dubious news. Do not get to biased or bullish on this stock but after the big move last week and the hold Friday, there are still TONS and TONS of short sellers trapped in this stock. Most of them shorted far to early around $1 and are still roughly down 40-50%. This stock is ONLY a buy if it gets very strong. I would like to scale on high of the day with risk on the previous day close. Again use a solid trade plan.

Tilly’s, Inc. (TLYS), Ascena Retail Group, Inc. (ASNA)

These are the Christmas stocks that seem to keep grinding higher. I think there is no real great potential but for whatever reason traders have chosen to stick with these as the HOT retail stocks. These are for sure dip buys with set risk for continuation higher.

Microsoft Corporation (MSFT)

Interesting breakout on Friday, huge company that moves slow, but if you are learning and not yet ready to dive into really volatile lower priced stock this is a solid chart on a company every body knows that currently seems to be really turning things around. I’m a big believer in Microsoft going into the next couple years. And this is coming from a ten year Apple fanboy.

Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FMCC)

Very news driven, but I keep this on my volume scans at all times, you will see if there is volume and the news is even slightly positive they can run. That being said no news and these stocks will go nowhere. But these two I will have on “back burner” watch for quite some time.

InvenSense, Inc. (INVN)

Buyout rumor news, NEVER believe a rumor but you can certainly trade on them with a plan. If this gaps to new highs this week I’ll look to join the trend. If the rumor dies there will most likely be no play on this.

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