Don't try to be a Super Hero!

Hey there folks, 
Quite the day yesterday! There was some serious action and no doubt there were some margin calls happening yesterday.

 I was actually quite impressed with the late day rally and the strength of the IWM, small oils, and coal names. That actually leads me to believe that we may be getting that snapback rally sooner than later. I am not suggesting you should swoop in and load the boat with everything you can get your hands on for a swing. Nor should go rushing into trades with both guns blazing and take big positions in day trades. As you know I have been taking some starter positions in some swings and on weakness I have been adding but I am still holding a nice cash position. Even if we get a nice rally don't try to be a hero and go all in! 

There are still a lot of unknowns out there that can add to the downside pressure for the markets. NFLX earnings were a big miss that surprised the street , WMT lowered guidance, one Teflon momo name and a retailer that should be doing better in an economy that has much lower gas prices. Even if we get a rally that lasts a few days one Ebola or ISIS headline or an earnings miss by a big well known name can turn things around swiftly. I think Volatility is here to stay for awhile. 

Stocks on my radar this morning
IBIO fluff pr gappin do not chase it, FCX looking to finally open my swing starter under 30, EXXI GST AXAS WRES MHR, small oils on my radar, CLF, < I still hold lottos of that one WLT ANR Coals on my radar,  IQNT like the daily, VIMC Nice PR bounce off Moving average on the daily, CLNE possible continuation, BCLI article poppin recent reverse split very thin caution. FHCO has held up very well in a really weak tape hot looking on the daily, OSUR nine dolla holla, JNUG if gold and silver continue to strengthen, 

TVIX TZA BIS if the rollover were to get more severe>> for day trades only

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Today's Markets:
In Asia, Japan -2.2% to 14738. Hong Kong -1.0% to 22900. China -0.7% to 2357. India -0.7% to 26163.
In Europe, at midday, London -1.1%. Paris -1.9%. Frankfurt -0.9%.
Futures at 6:20: Dow -0.7%. S&P flat. Nasdaq -0.6%. Crude -1.5% to $80.53. Gold -0.1% to $1240.50.
Ten-year Treasury Yield flat at 2.03%.

Thursday's economic calendar:
8:00 Fed's Plosser: Monetary Policy and Economic Outlook
8:30 Initial Jobless Claims
9:15 Industrial Production
9:45 Bloomberg Consumer Comfort Index
10:00 Philly Fed Business Outlook
10:00 NAHB Housing Market Index
10:30 EIA Natural Gas Inventory
11:00 EIA Petroleum Inventories
2:30 PM Fed's Kocherlakota Speech
4:00 PM Treasury International Capital
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

Notable earnings before today's open: ADS, BAX, BBT, BHI, BX, CY, DAL, DHR, DOV, FCFS, FCS, FITB, FRC, GS, GWW, HLSS, HOMB, MAT,NTCT, ORB, PM, PPG, PVTB, SNA, SON, SVU, SYNT, TSM, TZOO, UNH, VAC, WBS, WGO

Notable earnings after today's close: AMD, ASBC, ATHN, CCK, COF, CPHD, CYT, GOOG, PBCT, QLGC, SLB, SNDK, SYK, WAL, WDFC, WTFC,XLNX

Best of Success!!