Thursday, March 21, 2013

Excellent day

$ACAD was my hero today I actually traded it twice and made out pretty well on both trades. I took a trade in $HERO and made a small profit and had a flat trade in $HEK. I took a small starter swing in $PIP @ 1.68 and $DVR @ 1.74. I made a 15 cent trade in $ANAC which should have been a 25 or 30 cent trade but I am happy with the day.

As I have been saying for the last couple weeks the market seems like it is losing steam. Good news doesn't seem to have the kind of juice you would expect. However the dips keep getting bought. We have yet to see the markets take a nasty tumble and put some fear back into the markets.$TZA remains on my watch but only for day trades unless we get a nasty sell off and reversal in the markets.

Watch list
$DYNT possible bounce,$OPXA,$RMTI,$ACAD red to green move, $CHTP I  like the action today need to crack 2 with volume,$END holding the 20day   
$CORT bounced right off the 50 day, $MUX cracked the 50day and closed above,$PLG held the 20 day,$XRA low volume pullback flaggin over 50day

 I Will have the morning movers tomorrow Have a fantastic evening!!

Briefing.com
After Hours

17:31 ET NKE +8.1% Following Earnings/Future Orders : Equities finished today's session near their lows, and the S&P 500 lost 0.8%. The major averages began the day in the red with tech stocks driving the early decline. The technology sector underperformed notably after disappointing earnings and cautious revenue guidance from Oracle (ORCL) contributed to selling in several other large cap names. 
 
After the close, NKE, MU, RUE, WTSL, and TIBX were the notable names to report quarterly results.
 
Futures are mixed after hours: S&P 500 futures are -1 from fair value of 1539 and Nasdaq100 futures are +2 from fair value of 2768. 
 
There are no economic reported scheduled to be released tomorrow morning. 
 
Tomorrow before the open, DRI and TIF are scheduled to report earnings

No comments:

Post a Comment