tone Energy Corporation (SGY)
Seems like weeks we have been trading in and out of this. Still watching and waiting for some of the lower priced oil stocks to really get crazy. This has been my favorite and while up to this point it has not really paid out with a big rip, I’m still hopeful it can catch, IF and that’s a big if oil stocks get going. When that expected move comes we had a bunch of other lower priced oil momentum stocks on watch.
Pandora Media, Inc. (P)
Very dubious of this move since as far as I can tell it’s entirely based on an analyst coming on CNBC and “talking his book”. Of course we look to profit on any and all moves no matter the catalyst. I’m guessing this dips early Monday but will be watching for it to grind back above $13.50 for a breakout.
Vertex Energy, Inc. (VTNR)
Be VERY careful with this, but this is the type of setup we love lately. Low float, big rip and volume with a catalyst. This is the type of stock I look to buy rips and stop out if the spike fails. Purely a momentum play, I do not believe in this stock at all long term or even mid term. But probably my main momentum watch going into this week.
Ascena Retail Group, Inc. (ASNA)
It’s retail, it’s the Christmas season. Its low float and it has recent news, plus it held $7.00 Friday. Good chance it fades back to where it came from but if retail stocks stay hot and this holds $7.00 I’ll be watching every tick for a potential breakout buy.
Tilly’s, Inc. (TLYS)
Much like ASNA its retail and low float. We nailed this mid week and paid off killer. Going to watch for continued moves over $14.00 with VERY tight stop on $14.00 even. If and when this catches, I predict a powerful move, picked up tons of shorts late this week.