Thursday, August 8, 2013

Into Orbit


Hey folks not gonna lie, I kinda felt like the little mouse today. Nailed $OWW right off of the open and that was my big winner for the day. Its always good to start your day off on a good note. I took a trades in $INO  and $URRE but wound up bailing on both nearly flat and towards the end of day I took $XIN for a
swing.
Here is today's video watch list
http://www.screencast.com/t/bQTuhx46

“Carry overs” are stocks that I have featured in prior videos, have on my alert list or tagged on my morning mover lists that still have a potential setup working or developing on the chart that may be actionable. They are still on my radar and I am either already in with a swing or I am looking to enter on a breakout. I am also looking for the setup to breakdown at which point it will discard it from my hot watch list. If I am already in it with a swing I am looking for a place to scale out or exit the trade and on rare occasions I may be adding to my position. Typically I like to sell into strength.
$REGI, $$RIGL, $RMTI , $IDIX , $XIN, $MGM,  $PRAN, $ONP, $OCZ , $SIRI, $SVM , $BEAT, $MPEL, $PIP, $CHTP 
  
Morning movers and other stocks that caught my eye

$YONG reported and CRUSHED 40 million float , $MACK possible snap back play just a day trade, $BBRY rumor of going private, $FRO active, $NEWL pr be quick, $FSS nice daily testin moving averages pr earnings  ,  $PBR  I like the daily and recent pr sittin on 20 day  need to crack the 50 day @ 14.50 or so, $JRCC earnings just a day trade for me nice daily, $TLAB SA article flat top break out 200 day break big float thick stock , $NPSP earning Beat 52 weak highs pre market , $LRAD SA article thin,   $LGF earnings 52 week highs 


Seeking Alpha
Today's Markets:
In Asia, Japan +0.1% to 13615. Hong Kong +0.7% to 21808. China+0.4% to 2052. India +0.7% to 18,789.
In Europe, at midday, London +0.2%. Paris -0.1%. Frankfurt -0.3%.
Futures at 6:20: Dow -0.3%. S&P -0.35%. Nasdaq -0.2%. Crude +1.1%to $104.56. Gold +0.05% to $1310.50.
Today's economic calendar:
10:00 Wholesale Trade
Notable earnings before today's open: ABFSDRHEBIXEGYEVEP,HNRJRCCMEAMGAMHRNRGPGNXTPCVTGWWAV
Notable earnings after today's close: ZOLT
Good luck trading to day !

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