Sorry folks
I was asked to remove the trading plan from my blog by the individual that sent it. Some of the content was given to that person by another individual who is a great trader but did not want his formula shared with me or the people that follow my blog. I apologize for the inconvenience but I have to respect their wishes, Thanks for understanding.
We are flashing a little green premarket as oil continues to get crushed. Gold is showing a bit of strength it will be interesting to see if that trend continues. The IBB held up really well yesterday as the markets were taking a bit of a beating. The strength was very impressive, and if it continues it could be the leading index again this year. At some point the USO is going to be to cheap for me to pass up. Maybe one or two more days like yesterdays flush and I will have to start dipping my toe,
Stocks on my radar this morning
NERV pr last night big gapper wait for a setup, CYTR another bio gapper off pr be careful , FRO decent daily fast money mention, BOTA possible continuation, MIFI thin one gap last night, VSR contract news active premarket, NDRM upgrade decent daily, SCLN earnings decent daily looking for a 9 dolla roll, KTOS contract revision already swinging but looking to add,
NUGT, TZA TVIX UUP USO IWM IBB SPY NDAQ market sentiment
Seeking Alpha
Today's Markets:
In Asia, Japan -3% to 16883. Hong Kong -1% to 23485. China +0.1% to 3353. India -3.1% to 26987.
In Europe, at midday, London -0.9%. Paris +0.1%. Frankfurt +0.5%.
Futures at 6:20: Dow flat. S&P flat. Nasdaq -0.1%. Crude -2.4% to $48.83. Gold +0.7% to $1212.20.
Ten-year Treasury Yield -3 bps to 2%
Notable earnings before today's open: CMC, CVGW, LNN
CNBC in the News
 | IN THE NEWS TODAY |
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| U.S. crude prices were lower again this morning—below $49 at one point—following Monday's 5 percent drop in New York trading to lows not seen since April of 2009. (CNBC) |
| The yield on the 10 Treasury was below 2 percent in early trading, afterMonday's sixth straight drop on increasing worries about Greece possibly quitting the euro zone. (Reuters) |
| Sony CEO Kazuo Hirai made his first comments Monday about the hacking at the company's movie studio, saying he's proud of the way employees stood up to "extortionist efforts." |
| Rep. John Boehner is all but assured re-election as House Speaker, when his colleagues vote today as the new Congress convenes with Republicans in control of both the House and Senate. (NY Times) |
 Former House Majority Leader Eric Cantor joins CNBC's "Squawk Box" until 8 a.m. ET to further discuss his 2015 outlook for the new Congress, which he detailed in a new CNBC op-ed. |
| President Barack Obama is expected to nominate a community banker to the Federal Reserve’s Board of Governors as soon as this week, according to published reports. (WSJ) |
| Two New York police officers in the Bronx were shot last night. They're expected to be OK. Last month, two other officers in Brooklyn were killed in their patrol car. (NBC News) |
| A major winter storm, set to dump snow along a 2,000-mile corridor, wasplaying spoiler for millions of people driving to work this morning, with 22 states under weather watches and warnings. (NBC News) |
| Billionaire Elon Musk's SpaceX put on hold a morning launch to the International Space Station. After delivering its payload, the rocket was going to attempt an extraordinary ocean platform landing. (AP) |
| Starting tomorrow, "Squawk Box" is moving to New York City with a Who's Who line-up of guests including Bill Ackman and Lloyd Blankfein. |
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| BY THE NUMBERS |
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| On today's economic schedule, investors get December ISM nonmanufacturing and November factory orders—both released at 10 a.m. ET. The ISM is expected to come in at 58 after the previous month's 59.3 reading. Meanwhile, factory orders are seen falling 0.8 percent after October's 0.7 percent decline. |
| It's another light day for corporate earnings, but Micron Technology (MU) comes after the bell and investors will be looking to see what the chipmaker's results might reveal about personal computer sales. The stock is up about 60 percent in the past 12 months. |
| Apple (AAPL) begins selling unlocked versions of the iPhone 6 and 6 Plus in the U.S. today. The devices, which are not linked to any one carrier, will be sold at prices from $649 to $949 depending on screen size and storage space. |
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| STOCKS TO WATCH |
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| Coach (COH) confirms it's buying privately-held luxury shoe maker Stuart Weitzman in a deal valued at up to $574 million. Buyout firm Sycamore Partners acquired Stuart Weitzman last year as part of its $2.2 billion purchase of Jones Group. |
| Money transfer company Xoom (XOOM) said nearly $31 million wasfraudulently sent to overseas accounts. The stock fell as much as 17 percent in premarket trading. |
Facebook (FB) has acquired Wit.ai, a startup that develops open-source voice recognition interfaces. The social giant declined to say how much it paid. Wit.ai's interface will remain open and free after it joins Facebook.
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This year, one of the things I would like to accomplish is putting together a group of aspiring and active traders/ investors for monthly informal social gatherings where we can talk about stocks, the markets, trading and investing strategies. Last night was the first meeting and while it was a small group it was really a lot of fun. If you are in Vegas and interested in being part of such a group email me @ Alphawolfvegas66@gmail.com
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BEST OF SUCCESS!
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