Monday, August 12, 2013

More of the same

Well it was the same type of action we had over the last week and it could have been a pretty boring day.

 However, there were a few good trades out there in names like $AUDC $PTIX and $MCOX even $SVNT had a nice little pop $XIN also proved to be a great swing as I scaled out half my position @ 5.60 from 5.09.
Here is today's vid watch don't blink you might miss it
Short one today have some things to take care of  And I meant overbought on $ARTX not oversold
http://www.screencast.com/t/3GvLUEAQYRhS
“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.
$KERX, $PRAN, $SVNT, $EXTR, $XIN,$MGM,$FCEL,$JRCC,$EGHT,STSI, $SQNM, $MEET, $CPSS, $EMMS, $BIOL, $OCZ, $RMTI, $SEM, $SUPN, $SIRI, $PTIX, $MCOX  
Morning movers and other stocks that caught my eye

$MCOX round 2 earnings tonight, $DYAX hot daily, $OPK like the daily , $DGIT pr nice daily,   $CBMX pop and flopper be careful PR, $CPST pr last night could be a bounce play, $MACK pr ugly daily may be a decent bounce play, $PBTH pr nice daily,  $HIMX daily looks hot!!

Seeking Alpha
Today's Markets:
In Asia, Japan +2.6% to 13867. Hong Kong +1.2% to 22541. China +0.2% to 2106. India +1.55% to 19241.
In Europe, at midday, London +0.5%. Paris +0.3%. Frankfurt +0.8%.
Futures at 6:20: Dow +0.35%. S&P +0.3%. Nasdaq +0.3%. Crude +0.9% to $107.04. Gold -0.1% to $1333.30.
Notable earnings before today's open: AGFLOVAL
Notable earnings after today's close: BRCDCREEJDSUJKHYMMMYGN,PRMWXONE
Good luck trading today !!

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