Good morning folks,
We had another nice green day yesterday as oil continued to stabilize. The IBB and IWM were both up however the volume was decent. We are waiting on the jobs report and that should set the tone for today. The buy the dippers continue to be rewarded and the shorts continue to get punished. Its nice to see volatility back and if you are on the right side of things there are some great day trading opportunities.
Jobs number is out and it looks like we are off to the races.
Stocks on my Radar this morning
AGEN partnership co development news gapper wait for setup, CERE penny play news this morning breaking downtrend and took out 50 day may premarket, FCSC odd low volume pop this morning Very thin gapper, XONE VJET DDD ONVO watching the sector, BCOV Like the daily, CNAT getting crushed premarket but could get a quick bounce, SAGE nice pr gapper, IDRA 5 dolla roll, TWTR and FEYE for possible continuation, RVNC pr nice pop premarket, NVAX testing 6 dolla roll nice looking daily, SGMO hot daily, EDAP pr taking out 200ema gapper
Shippers continue to look good TNK NAT SALT NNA look for laggers like DRYS SB NAP DSX TOPS to play catch up
USO IBB IWM TVIX TZA NDAQ JDST NUGT SPY UUP for market sentiment
Seeking Alpha
Today's Markets:
In Asia, Japan +0.2% to 17198. Hong Kong +0.4% to 23920. China -0.2% to 3287. India +0.7% to 27458.
In Europe, at midday, London -0.5%. Paris -0.6%. Frankfurt -0.5%.
Futures at 6:20: Dow -0.2%. S&P -0.1%. Nasdaq -0.1%. Crude -0.1% to $48.76. Gold +0.3% to $1211.90.
Ten-year Treasury Yield +6 bps to 2.02%
CNBC in the News
 | IN THE NEWS TODAY |
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| U.S. stock futures were lower in early trading, ahead of this morning's release of the December employment report, and following another strong rally Thursday as oil steadied. (CNBC) |
| Released at 8:30 a.m. ET, the jobs report is expected to show nonfarm payrollgrowth of 240,000, following an advance of 321,000 in November. The unemployment rate is seen ticking down to 5.7 percent. (CNBC) |
 Chicago Fed President Charles Evans, a policy voting member this year, joins CNBC’s “Squawk Box” at 8:40 a.m. ET, just minutes after the jobs report. He’s recently said the Fed should be in no rush to hike interest rates. |
| At least one hostage has been taken and gunfire has been exchanged in an area north-east of Paris, where police are conducting a manhunt for suspects in the deadly attack at a satirical magazine. (CNBC) |
| U.S. officials are investigating whether one of the two brothers suspected in the Paris killings may have received training from al-Qaeda group in Yemen four years ago. (FT) |
| The CEO of Sony Pictures said the costs from the November cyberattackon the Hollywood studio will be completely covered by insurance and won’t lead to further cost-cutting. (Reuters) |
| DuPont (DD) said it would review new board nominations made by Nelson Peltz, as the activist investor’s Trian Fund accelerates its push to break up the industrial conglomerate. (Reuters) |
| The House is expected today to easily pass legislation to authorize the construction of the Keystone XL oil pipeline, moving the GOP-led Congress closer to a clash with President Barack Obama. (AP) |
| House Minority Whip Steny Hoyer joins us at 7:40 a.m. ET to talk about whether the president would indeed veto the pipeline measure as he’s promised to do. |
| Parts of New York and Michigan could get up to two feet deep of snow, as yetanother blast of bitterly cold wind slides across the northern U.S. (Weather Channel) |
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| BY THE NUMBERS |
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| Later this morning after the December jobs report, wholesale trade numbersfor November are out at 10 a.m. ET and are expected to show a 0.4 percent increase in inventories for the month, identical to the October’s advance. There are no major companies report earnings either this morning or after the closing bell this afternoon. |
| Bed Bath & Beyond (BBBY) late Thursday released earnings and revenue in-line with estimates. But the retailer’s comparable store sales fell below forecasts, on increased promotional and shipping expenses. |
| Gap (GPS), also behind the Banana Republic and Old Navy brands, reported a 1 percent increase in December same-store sales and a 3 percent rise inholiday season comparable sales. |
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| STOCKS TO WATCH |
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| Twitter (TWTR) is planning to unveil its new video product in the next few weeks to allow users to shoot, edit, and post video directly through the app—different from Vine, according to Re/code. |
| The COO at Starbucks (SBUX) is taking an extended unpaid leave of absence to spend more time with his family. Troy Alstead helped lead the coffee chain's massive and successful restructuring a few years ago. |
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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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