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.
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
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
Briefing.com
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Good luck trading today !!
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