Friday, October 31, 2014

Happy Halloween!





Good morning Folks, 
Today is looking like a gap up day. As you know this is my least favorite type of day to trade. Bank of Japan surprised the markets with some additional easing. Markets are ripping and they are also looking pretty extended> its almost SCARY! 

However, markets can stay overbought and extended for a long time play so we just play what is in front of us. 

If you have some nice winners in your swing or long term hold account there is nothing wrong with locking in a bit of profit when you have this kind of strength. 

Stocks on my radar
CDTI possible red to green, BCOV earnings beat, GRPN earnings beat 6 dolla roll, GPRO gapper, SREV earnings better than expected, AVNR continuation?, AFFX continuation off earnings, FCX pr  snapback bounce play, SRPT active premarket,  ONNN active premarket 8 dolla roll,  LOCO flaggin daily, ACHN daily 12 dolla roll, RUSL Russia and Ukraine come to an agreement on Gas for Europe possible snap back play,  TUBE hot daily, ARIA 6 dolla holla 
AXTI announced share buyback program, OIBR penny play active premarket  

Russia, Ukraine Strike Deal to Keep Europe Warm nbcnews.to/1zlXfMK

Seeking Alpha


Top Ideas
Wyndham Worldwide (NYSE:WYN) - new article by Time & Model »
Radcom (NASDAQ:RDCM+62.8% since Aug. 14 Mike Arnold article »
Regis Corporation (NYSE:RGS+35.6% since Jan. 31 Alpha Gen Capital article »

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Today's Markets:
In Asia, Japan +4.8% to 16414. Hong Kong +1.3% to 23998. China +1.2% to 2420. India +1.9% to 27866.
In Europe, at midday, London +1.2%. Paris +2%. Frankfurt +1.8%.
Futures at 6:20: Dow +1.1%. S&P +1.1%. Nasdaq +1.5%. Crude -0.7% to $80.59. Gold -2.2% to $1172.20.
Ten-year Treasury Yield +1 bps to 2.32%
Notable earnings before today's open: AONAXLBUDCBOECLXCOLCOMMCVXDGWRHLTHPYITTIXYSLMMGI,MMPMOG.AMSGNSNTLSNWLOSKPNMPNWSNESPRTDSTEUSMVTGWETFWYXLSXOM
Notable earnings after today's close: CMRE

Best of Success! 

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