Never Forget

Good morning folks,

The choppiness continues and volatility remains low. Janet Yellens speech is today and that could create some sparks on what would normally be a low volume day before a long weekend.

 I doubt anything will be said that will shock the markets but you never know. I will likely be sitting on the sidelines today unless I come across an opportunity that is just to sweet to pass up. The IBB continued to display some strength and some select small Bios have been on fire. They are fun to play but make sure you do not overstay your welcome since they can give it all back in the blink of an eye. Wait for setups, don't chase and don't be too greedy. Make sure you book profits on the way up. 

ISR and AVEO were two fantastic opportunities over the last couple of days. I only have a small position left in AVEO for a pure lotto play if the shares I have left were to go to zero I still make great money on the trade.
  
Enjoy the long weekend be safe, have fun and give thanks.

Stocks on my Radar Premarket
NBS possible continuation play off grant news yesterday, ATNM flirting with 3 possible continuation, BBRY share buyback announced more of a swing type stock for me sitting on MA support, ONTY hot daily gettin a little action premarket, SYGP continuation, KNDI potential bounce play, BTU potential bounce play, AKAO looking for 6 roll 

	IN THE NEWS TODAY

U.S. stock futures were higher this morning, ahead of the three-day Memorial Day weekend. The Dow and S&P 500 were looking to score theirthird straight week of gains . The stock market is closed on Monday. (CNBC) But it promises not to be a lazy pre-holiday Friday, with consumer inflation data for last month out at 8:30 a.m. ET this morning and Fed Chair Janet Yellen speaking this afternoon at 1 p.m. ET in Rhode Island. (CNBC) European Central Bank President Mario Draghi today said "growth is too low everywhere" in the 19-country euro zone despite a modest recovery. He also said inflation was too low. (AP) Hewlett-Packard (HPQ) beat expectations on earnings, missed slightly on revenue, and issued weak forward guidance. The tech giant also expectslower costs for the spinoff of its PC and printer businesses. (CNBC) Aeropostale (ARO) shares were getting crushed in premarket trading, after the teen apparel retailer reported late Thursday a worse-than-expected loss, a miss on revenue, and a larger-than-expected current-quarter loss. (AP) Ride-hailing start-up Uber is seeking a $1 billion credit line from banks, a move that can often signal the early stages of preparation for an initial public offering. (WSJ) The successful IPO of Shopify could prompt Hootsuite, another promising Canadian tech startup, to tap public markets sooner rather than later, said founder and CEO Ryan Holmes. (Reuters) The worst U.S. avian-flu outbreak ever has resulted in the deaths or extermination of at least 38.9 million birds. That's about 10 percent of the U.S. egg-laying flock. Egg prices are soaring as a result. (WSJ) The Patriot Act-first passed in the wake the 9/11 attacks to expand the government's counterterrorism abilities-could come to end without Senate action today, unless lawmakers cut their recess short. (USA Today) Ireland votes today on whether to allow gay marriage in a referendum that could make the once deeply Catholic country the first in the world to adopt the policy by popular vote. (Reuters) Despite a wave of optimism, U.S. and Cuban negotiators meeting in Washington could not reach an accord on re-establishing long-fractured diplomatic ties, but agreed to keep talking today. (NY Times) BY THE NUMBERS China stocks clinched a new seven-year high overnight, marking theirbiggest weekly gain since December. Meanwhile, stocks in Japan finished the week at their highest levels in 15 years. Oilfield services giant Baker hughes (BHI) is out with its weekly rig count report at 1 p.m. ET. It tracks active drilling on crude and natural gas. While oil prices recently rebounded somewhat, many producers have already cut back sharply on their spending budgets this year. Campbell Soup (CPB), Deere & Co. (DE), Foot Locker (FL) and Ann Inc.(ANN) are among the companies out with quarterly earnings this morning, with no major companies reporting results after today's closing bell. STOCKS TO WATCH Gap (GPS) late Thursday reported earnings that matched forecasts andrevenue that came up short. The apparel retailer did back its previous earnings guidance for the full year. Ross Stores (ROST) late Thursday issued earnings and revenue that beat forecasts. Same store sales for the discount retailer were up a better-than-expected 5 percent. Time Warner Cable (TWC) and Charter Communications (CHTR) are in talks about a TWC buyout that would come in well above $170 per share, according to the Wall Street Journal. BlackBerry (BBRY) plans to buy back about 2.6 percent of its outstanding shares, to negate potential negative effects of a proposed employee stock purchase plan.

Seeking Alpha

Today's Markets:
In Asia, Japan +0.3% to 20264. Hong Kong +1.7% to 27992. China +2.8% to 4658. India +0.5% to 27958.
In Europe, at midday, London +0.3%. Paris -0.3%. Frankfurt -0.5%.
Futures at 6:20: Dow flat. S&P flat. Nasdaq flat. Crude -0.5% to $60.43. Gold +0.7% to $1212.90.
Ten-year Treasury Yield -1 bps to 2.16%

Today's economic calendar:
8:30 Consumer Price Index
1:00 PM Janet Yellen speech

Notable earnings before today's open: ANN, CPB, DE, FL, HIBB, MENT, TNP