Thursday, August 1, 2013

Believe in yourself!

Hey folks
So I missed the rocket ride called $SR!! I have to say it hurts to sit on the sidelines and watch something like that take place and not be participating. However, I missed it completely which was my bad because I was caught up looking at other stocks off my watch. I should have ran my scan right after the open and maybe I would have caught it for a quick trade. Hindsight is always 20 20 by the time I saw it and started paying attention the risk reward was just not in my favor to try and enter the trade.
I still had a nice day with $MGM $MNKD $GEVO $BEAT and $TROV

Here is tonight's video watch list I am trying to keep them short since what we really wind up playing is the momo stocks that are active pre market or earnings plays.
 http://www.screencast.com/t/J6gkz7Klu4
Here is the list of stocks that are in the video
$SURG,$AXAS,$QTM, $SREV,$RVLT,$NCIT, $SGYP, TRGT, $UPI, $SIRI, $SUPN, ASTX 
$ALSK
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.
Today's Carry overs
$AVL,$APRI, $PERI, $CPST, $IQNT, $BPZ, $DWRI, $EMMS, $LEE, $HILL, $IMMU, $NSPH, $RIGL,BEAT, $MNKD,$NVAX, $DNDN, $RMTI, $ARRY,$VRNG, $MGM,$TROV
                                     Its all about the jobs report today lets see how it plays out!
The number was less than stellar but is bad news good news? Easy money may keep flowing which could mean  higher stock prices.

Morning movers and others that caught my eye
$ALXA pr, $AIG big beat earnings, $SIGA pr NICE daily 
$PACB upgrade / earnings , $PPC earnings crush, 

Seeking Alpha  
Today's Markets:
In Asia, Japan +3.3% to 14466. Hong Kong +0.5% to 22191. China flat at 2029. India -0.8%to 19,164.
In Europe, at midday, London -0.1%. Paris +0.3%. Frankfurt +0.1%.
Futures at 6:15: Dow +0.1%. S&P +0.1%. Nasdaq +0.2%. Crude flat at $107.87. Gold-1.95% to $1285.60.
Today's economic calendar:
8:30 Nonfarm Payrolls
8:30 Personal Income and Outlays
10:00 Factory Orders
Notable earnings before today's open: ANRAXLBPLCBOECHDCVCCVXEAT,EGOETNHSTIMGNITLNTNRFOZMPNWPORRUTHSEETNPUPLVIABXLS
Good luck trading today !!