Don't Be So Emotional!

Good morning folks, 
Indexes around the globe continue to sell off an we have another gap up on deck. Yesterday was the worst one day reversal since 2008. Volatility is back in a big way and that is great for those nimble enough to take advantage of the wild swings. As we discussed this weekend, this is a market where you sell the rips until we have built a base of support. This is not the same old buy the dip and hold because in a week we will be making new highs. Events like this usually don't correct themselves in a day or two and we are likely to have many more wild days ahead. No one knows how long this will take to play out or where and when it be over.

The most important part of the trading day is the close lets see how it plays out today.  

Keep an eye on the energy sector for signs of bottoming and oil finding support.  

Know your strengths and weaknesses and if are struggling in this market environment there is no shame in just sitting on the sidelines. Use the time to identify targets for your ideal setups. 

Stocks on my radar premarket

Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity 

07:01:36am 08/26/15 EXPR

Express Reports Q2 EPS $0.25 vs. Est. $0.16, Rev. $535.6M vs. Est. $504.8M; Comp. Store Sales Up 7% YoY

Gapping premarket  Beat and raised  right into the bottom of the trendline @ 19 not a market you want to chase in may be more of a swing type and one to buy on a pullback to support Beat and raised 

05:24:51am 08/26/15 MIXT

MiX Telematics Concludes Strategic Review Process

Could be bouncing off support small float decent cash position 

02:55:42pm 08/25/15 DGLY

Digital Ally Reports $2.5M Buyback

08:28:23am 08/26/15 DGLY

Digital Ally Receives Body Camera, In-Car Video and VuLink Order From Ferguson, Missouri Police Departmen

Can be a pop and flopper small floater bounced yesterday off the announced buyback no dollar amounts on the Ferguson order don't chase this 

A10 Networks (ATEN) announced that Fujitsu Asia is using the A10 Thunder ADC solution to standardize its cloud-based load-balancing service, lower space and hardware costs, and advance network operator capabilities.Testing the 6 dolla holla 

one 

08:59:41am 08/26/15 WATT

Energous CEO Rizzone Buys 5,000 Shares @$6.20/Share -Form 4

Buys 5,000 Shares @$6.20/Share -Form 4

Not a huge purchase but thin name very small float could get jiggy over 6

Today's Markets 

In Asia, Japan +3.2% to 18377. Hong Kong -1.5% to 21080. China-1.3% to 2927. India -1.2% to 25715.
In Europe, at midday, London -1%. Paris -0.9%. Frankfurt -0.7%.
Futures at 6:20, Dow +1.3%. S&P +1.3%. Nasdaq +1.2%. Crude+0.1% to $39.34. Gold -0.3% to $1134.60.
Ten-year Treasury Yield -5 bps to 2.08%

Today's Economic Calendar

7:00 MBA Mortgage Applications
8:30 Durable Goods
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
1:00 PM Results of $35B, 5-Year Note Auction