Tuesday, June 4, 2013

20 "WINNING " Tuesdays in a row??

I am not sure if Charlie Sheen is involved in the stock market but Tuesdays have definitely been "WINNING" days for the last 19 Tuesdays when it come to the overall market.Are we going to make it 20??
 I have to say I was pretty impressed with the bounce the market had after the sell off on Friday and in a way I am a little disappointed that we did recover so strongly. I really want that 5 to 10 percent correction and some consolidation since I think it would be very healthy and better for us in the long run. With that being said we just have to play the market that is.
 Yesterday was a really good day for me with stocks like $CHTP, $UNIS,$OSH, $MNKD. I did have one disappointing trade in $FALC which is fine since I plan to nail it with a revenge trade.
10 out of the 14 stocks I had on the video watch list this weekend were up ranging from 57% to 1.57%. There was a lot of choppy action out there yesterday at least that's what it looked like to me and I have a feeling it will continue to be that way. I will remain cautious but ready to jump on opportunity as it presents itself.

Today's stocks on the move and others that caught my eye

$TSRX love the daily, $MKTG gapper pr, $PXLW, $MHGC put itself up for sale gapper, $SUPN hot daily,$FLML continuation?,  $EVC riding the 20 day nice flag possible 5 dolla holla , $PACB, 
$FXEN could be ready, $FCEL nice action yesterday, $GLDD riding 200 day hot chart daily, $NVAX pr 2 dolla holla, $SQNM, $IGT pr, $AMBI pr recent IPO very thin , $UNXL , $RSH  

Solar's could be in play seeing quite a few flashing by in early trading

Seeking Alpha
Today's Markets:
In Asia, Japan +2.05% to 13534. Hong Kong flat at 22286. China -1.2%to 2272. India -0.3% to 19546.
In Europe, at midday, London +0.6%. Paris +0.2%. Frankfurt +0.2%.
Futures at 7:00: Dow -0.1%. S&P -0.1%. Nasdaq flat. Crude -0.5% to $92.95. Gold -0.8% to $1400.00.
Today's economic calendar:
7:45 ICSC Retail Store Sales
8:30 International Trade
8:55 Redbook
8:00 PM Fed's Fisher: Monetary Policy
Notable earnings before today's open: DG
Notable earnings after today's close: BVAMBASHFLMIND
Briefing.com
Page One
08:58 ET It's Tuesday. Rally Time?: We suggested yesterday that how the stock market finished the day would matter more than how it
>> Go to full Page One
Story Stocks®
08:59 ET U.S. Trade Deficit Widens on Capital Demand and New Samsung Cell Phones: The U.S. trade deficit widened to $40.3 bln in April from a downwardly revised $37.1 bln in March.
08:39 ET Rigel Pharma down 26.1% After AstraZeneca (AZN) Decides To Not Proceed With OSKIRA-3 (RIGL) : Rigel Pharmaceuticals (RIGL) and AstraZeneca (AZN) announced the topline results from OSKIRA-2 and
Earlier today on Story Stocks:
ExactTarget Up 53% Pre-Market, Acquired by Salesforce.com (CRM) (ET) 08:16
>> For all of today's stories, go to Story Stocks
Up/Downgrades
Today's Upgrades:
CompanyTickerBrokerage Firm
GannettGCIArgus
AlteraALTRArgus
Kodiak Oil & GasKOGCapitalOne
eBayEBAYCompass Point
First Potomac RealtyFPORaymond James
CME GroupCMEWells Fargo
Walter Investment MgmtWACWells Fargo
Societe GeneraleSCGLYGoldman
Today's Downgrades:
CompanyTickerBrokerage Firm
Air ChinaAIRYY.PKJefferies
China Southern AirlinesZNHJefferies
Marten TransportMRTNStifel
Colonial PropertiesCLPSandler O'Neill
Rigel PharmaRIGLPiper Jaffray
Koninklijke AholdAHONYJP Morgan
Deutsche Boerse AGDBOEYJP Morgan
First Defiance FinancialFDEFKeefe Bruyette
Ulta SalonULTAGoldman

Good luck trading today !! 

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