Wednesday, April 2, 2014

Go after what you want


Good morning folks,
So it appears we are getting that bonce after all. Going through my scans last night I found a lot of good looking setups out there. I am not saying that we are off to the races, we are still in a somewhat cloudy area when it come to the longer term outlook and where we may be heading. April started off strong and that could continue for a few weeks but remember we have the sell in May and go away prophecy on the horizon. 

Yesterday was a great trading day with the likes of $HPJ $KIOR $KUTV $PEIX and $AMRS late in the day.

 Morning movers and other stocks that caught my eye

MNKD surprise FDA panel approval wait for a set up big short position, ENVI pr 50 day bounce thinner name careful don't chase it, MITK pr can pop and flop so be careful like it for potentail swing, RCON like the daily 20 day bounce play, STV pr hot daily, TSLA active premarket,  FRO nice daily, IDTI pr hot daily, MNI pr decent daily thicker stock, AMD thick stock nice daily more of a swing,  KNDI today could be the day, CPST pr 20 day cross, CRY pr gonna be a gapper, TTPH bounce play and pr 



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Today's Markets:
In Asia, Japan +1% to 14946. Hong Kong +0.3% to 22524. China +0.4% to 2056. India +0.3% to 2253.
In Europe, at midday, London +0.3%. Paris +0.1%. Frankfurt +0.3%.
Futures at 6:20: Dow +0.2%. S&P +0.15%. Nasdaq +0.2%. Crude -0.1% to $99.68. Gold +0.3% to $1284.10.
Ten-year Treasury Yield + 2 bps to 2.77%.
Notable earnings before today's open: AYIMON
Notable earnings after today's close: DDCMINDTXI

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