Wednesday, September 4, 2013

You don't scare me!!

Hey folks
Yesterday was a an off day but today was a spectacular day. I sold some $MHR lotto shares early to start the day off on a good note. Picked up some $ASTX and $RKUS for day trades and had a nice score in both of them. I still hold a small piece on $ASTX and half my $RKUS. The bears may be growling but that is the great thing about this business. If you are patient and you wait for the right conditions you can have the kind of day that makes you forget all about the bad one.$BIOS are hot and I think that may continue.

Here is today's video watch for tomorrow
http://www.screencast.com/t/fX85ciyzf

   Carry overs
“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.
$DVAX $ONVO $RSH, $EXTR,$BDBD $BONE $BEAT, $DSS, $FCEL,$GALE, $NVAX, $ARAY, $SONS, $CTIC, $SGYP, $IRWD, $LEE, $ASTX, $BBRY,$DEPO, $MITK, $RKUS, $MGM,$OPX, $GALT,$ANFI, $SWHC, $TASR,$TRQ, $FST,$MEET, $RAD,$AVEO, $KNDI, $PGH, $SQNM, $CERS, $MPEL, $CAMP, $GTAT, $CNDO, $ZHNE, 

Good morning here is what caught my eye this morning 
$HIMX continuation, $LOCM pr long term trend line break Very thin, $APPY ,$CEMP pr thin daily not bad, $BBRY pr, $CYTK pr seeking Alpha,  $ENVI pr earnings Thin careful do not chase

Seeking Alpha
Today's Markets:
In Asia, Japan +0.1% to 14064. Hong Kong +1.22% to 22597. China -0.2% to 2122. India +2.2% to 18969.
In Europe, at midday, London -0.04%. Paris -0.05%. Frankfurt -0.16%.
Futures at 6:20: Dow -0.15%. S&P -0.14%. Nasdaq -0.04%. Crude +0.6% to $107.81. Gold +0.24% to $1393.40.
Notable earnings before today's open: CONNJOSBTITN
Notable earnings after today's close: AMBABLOXCOOFNSRPAY,SWHCZQKZUMZ

Good luck trading today !!

1 comment:

  1. Thanks, Tim. Do you usually only swing those thinner stocks, as opposed to day trading?

    ReplyDelete