Tug of war!!!

My dog Buddy  is a big solid 130 pound Doberman Pincher and one of his favorite things to do is bring over this heavy rope I bought him and lay it in my lap so I can grab an end. Once I grab hold he uses all his strength trying to rip it back out of my hand with these violent forceful whips of his head. Back and forth, up and down, side to side. His four paws firmly planted in the ground while pulling back inch by inch. I let him think he is winning and that he is wearing me out. In reality I am patiently waiting for him to wear himself out and then I begin an assault of intense whips, pulls and yanks of my own eventually pulling the heavy rope free from the clutches of his powerful jaws.

It kinda reminds me of the market, we have been experiencing some pretty choppy action in the over all indexes as well as individual stocks. Bulls and Bears are in full battle for control and it can make for some pretty interesting action. Even if the tug of war seems like a violent display,  it can still be pretty fun to get involved as long as you know how to play the game.

During these times we need to be quick to take profit and loss. We need to limit our swings and long term holds, have a nice cash position and be prepared to strike at the first sign of a change in direction.

 Yesterday was a great day. With nice trades in $NURO, $UVXY, $EVC for a sweet gain, one flat in $ROSG, and I took a swing position in $FCEL.

The reason I took the swing in $FCEL is I have already made a fantastic profit in the name when it broke out from under a buck. I took a small position of 2000 shares for their earnings which are out after the close today and I think it could  be worth the risk if they disappoint I will bail on the shares post market.

Stocks on the move and others that caught my eye

$KNDI pr, $DANG continuation, $DSS, $ASTX snapback, $TPLM continuation, $TSRX love the chart ,$GTXI, $MGM looking for entry on a pullback for swing, $AVNR pr ,  $AMBA earning pr, $ADNC pr,  $HNR bottom bounce,  $KTOS pr daily looks pretty good as well , $AUXL upgrade, $SIGM pr, $MM nice daily,  $ANV long term trend break,   $VOCS bottom bounce and pr, $SHFL earnings pr ,   $HOV pr , $FFEX possible buyout target 

Metals and miner stocks could be en fuego this morning definitely worth watching 

Seeking Alpha

Today's Markets:
In Asia, Japan -3.8% to 13015. Hong Kong -1% to 22069. China -0.1%to 2271. India +0.1% to 19568.
In Europe, at midday, London -1.6%. Paris -1.2%. Frankfurt -1.3%.
Futures at 7:00: Dow -0.4%. S&P -0.5%. Nasdaq -0.4%. Crude +0.3%to $93.58. Gold flat at $1396.60.

Today's economic calendar:
7:00 MBA Mortgage Applications
8:15 ADP Jobs Report
8:30 Productivity and Costs
10:00 Factory Orders
10:00 ISM Non-Manufacturing Index
10:30 EIA Petroleum Inventories
2:00 PM Fed's Beige Book

Notable earnings before today's open: BF.B, CYBX, HOV, JOSB

Notable earnings after today's close: ASNA, CWTR, FCEL, FRAN, PAY,UHAL, VRA

Briefing.com

Page One 08:58 ET Market Says Good-Bye to Dow Winning Streak : First things first, the Tuesdaywinning streak for the Dow Jones Industrial Average was snapped >> Go to full Page One Story Stocks® 08:51 ET Bazaarvoice Up 5% Following Earnings, Guidance From Conf. Call (BV) : The co reported a fourth quarter loss of $0.12 per share, excluding non-recurring items, $0.01 08:47 ET Mitcham Down 6.1% Following Earnings Results (MIND) : Mitcham reported first quarter earnings of $0.48 per share, excluding non-recurring items, $0.01 Earlier today on Story Stocks: Apple shares fall slightly after hours following patent violation ruling (AAPL) 03:30 >> For all of today's stories, go to Story Stocks Up/Downgrades Today's Upgrades: Company Ticker Brokerage Firm Bill Barrett BBG Global Hunter Securities Ryman Hospitality RHP Gabelli & Co Forest Labs FRX Argus Joes Jeans JOEZ B. Riley & Co. Bed Bath & Beyond BBBY Nomura Kayne Anderson Energy KED BofA/Merrill Citrix Systems CTXS Goldman Auxilium Pharma AUXL Leerink Swann Timken TKR Jefferies Wolseley PLC WOSYY.PK Morgan Stanley Baker Hughes BHI Jefferies Today's Downgrades: Company Ticker Brokerage Firm ExactTarget ET Credit Suisse Ambarella AMBA Needham US Airways LCC BofA/Merrill Aircastle AYR BofA/Merrill Trina Solar TSL Goldman JA Solar JASO Goldman Callaway Golf ELY Wedbush Zurich Insurance Group ZURVY Nomura Joy Global JOY Goldman Carrefour SA CRRFY.PK HSBC Securities American Woodmark AMWD Griffin Securities

Good luck trading today !!