More challenging than I expected

Hey folks
Yesterday was a tough day for me everything looked great before the open and it appeared as though we were about to have a Biotech Blowout Kinda day. It just didn't play out that way. The follow through was just terrible.

It was disappointing to say the least and for most of the day I was in the red on my day trades. I sat on my hands willing to accept my losses for the day and look forward to today. 

One of the stocks I kept my eye on was $INFI after its big gap up it dropped and then, dropped some more, and then dropped some more you get the idea. It wasn't until late afternoon that it started to show signs of stability and I took it for an EOD bounce trade. Fortunately for me it worked out and I was able to squeak out a small gain on the day.

I was late to the party on a couple of trades earlier in the day and I overstayed my welcome in a couple others. 
In the end, it all worked out, but it could have been a much better day. 

Morning movers and other stocks that caught my eye 

$NURO thin one PR, $NAVB pr, $GERN active premarket 20 ma bounce, $STEM continuation? , $ZGNX pr 20 ma and trend line bounce, $TASR pr nice daily more of a swing for me, $BGMD pr its a devil stock for me but it is active premarket,   

Shippers seem to be taking a hit not sure what is going on over there

“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

$ICLD, $OIBR, $HXM, $LEI, $CECE, $OGEN, $EVC, $ALJ, $ONCY, $ETAK, $$ARTX, $PGNX, $GERN, $GURE, $PME, TNXP, $GTN, CBET, $NIHD, $DVR, $MITK, $EBR. FCEL, 
LIQT, $LTS, $ENZN $ATOS, $UQM, $DEPO, $NEO, $DSCO, $ADXS, $UIHC, $IDIX, $CYTK, $MNKD, $RSYS, $LOJN, $CBR, $AMCF, $BORN, $ICAD, $TRIT, $PRIS, $VISN, $AUXL, $CREG, $CRDS, $EGY, $QUIK, $GFIG, $ZHNE, $LRAD, $KNDI, $OPK, $MLNK

Seeking Alpha

Today's Markets:
In Asia, Japan -0.3% to 15611. Hong Kong -0.3% to 23744. China flat at 2237. India -0.3% at 21256.
In Europe, at midday, London +0.1%. Paris +0.1%. Frankfurt +0.2%.
Futures at 6:20: Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +1.2%to $98.49. Gold +1% to $1246.30.
Ten-year Treasury Yield -2 bps to 2.83%.

Today's economic calendar:
7:30 NFIB Small Business Optimism Index
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
10:00 Wholesale Trade
1:00 PM Results of $30B, 3-Year Note Auction

Notable earnings before today's open: AZO, HDS, HITK, TOL

Notable earnings after today's close: AVNR, DDC, HRB, IRET, MIND,PLAB, PPHM, SWHC

Starting something new
 If you haven't had enough of watching my weekend videos

Its your lucky day!!! 

Starting this weekend I will be doing videos for Swing positions both current and for stocks that are on my radar. These are often higher priced stocks with really sweet looking setups. These videos will be posted each weekend in @Noanettraders "trader education for members." Noanet is an excellent trader and he has a fantastic service where you can sign up for a free 5 day trial. If you haven't already, go by and check it out and this is where you will find my swing videos. http://www.noanettrader.com/


Good luck trading today !!