Prepare for Success!

Good morning folks, 
The moves in the market have been very dramatic and it appears as though we are going to have another gap opening after the markets from around the globe reacted to the impressive bounce of some of our indexes.

Remember that we said over the weekend, that there will be lots of volatility and vicious bounces or "snap backs" in the markets creating some fantastic trading opportunities. While those can be fun to play we can't get complacent and fall into the trap of thinking the market correction is over just because we have a few powerful green days. Personally, I would prefer a gap down and then a strong close as apposed to the gap ups we are having. Building a base of support at these lower levels would be ideal giving us a platform to launch from after we build up some energy.  

I am not suggesting that we can't have a V shaped recovery and power to new all time highs>>Anything is possible! However, we have done a LOT of technical damage and the markets are guilty until proven innocent. It is okay to play the bounces but don't get too greedy. and be cognizant of the fact that what was once support now becomes resistance. 

We have a big announcement out of China as they step in with buying to support their ailing stock market. We have GDP numbers expected this morning and they could move the markets. Stay focused and prepare for more volatility ahead. 

Stocks on my radar premarket

Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity 

Matrix Service Company (MTRX) announced that its subsidiary, Matrix Service Inc., has been awarded the engineering, procurement and construction of the six gathering terminals for the Dakota Access Pipeline by Dakota Access, Could be ready for a bottom bounce probably more of a swing nice balance sheet fairly small float 

07:31:15am 08/24/15 NAVB

Navidea Biopharma Announces Will Register Shares for Dual Listing on Tel-Aviv Exchange

Caught a little bounce yesterday serial pop and flopper but could go test the 2 dolla holla 

07:33:46pm 08/26/15 NQ

UPDATE: NQ Mobile Shares Rise 65% After-Hours Following Earnings Beat; Announcement of Agreements to Sell NationSky, FL Mobile

Big gapper Very controversial name don't chase it but could set up for an intraday run Shorts are all over this name could go either way 

07:30:40am 08/27/15 STXS

Westmead Hospital Research Provides Significant Data Supporting the Ablation Effectiveness of Stereotaxis Magnetic Navigation

Small floater that can have some powerful runs could be a dead cat bounce candidate and a test of the dolla holla Be careful likely needs to issue shares soon

Amarin Corporation plc (AMRN) announced the encore presentation at the European Society of Cardiology 2015 Annual Congress, of findings from a post-hoc analysis examining the effects of icosapent ethyl (Vascepa) on Apolipoprotein C-III levels in both very high triglyceride and high triglyceride patient populations. The analysis evaluated the effects of EPA-only prescription Vascepa, alone or in combination with statin therapy, on ApoC-III levels in 148 patients with VHTG levels in the MARINE study of Vascepa and 612 patients with HTG levels in the ANCHOR study of Vascepa. In MARINE, Vascepa 4 g/day statistically significantly reduced ApoC-III levels by 25.1% versus placebo. In ANCHOR, Vascepa 4 g/day statistically significantly reduced ApoC-III levels by 19.2% versus placebo

04:32:26pm 08/11/15 AMRN

Amarin CEO Thero Buys 20,000 Shares @$2.35/Share -Form 4

Recent insider buying potential 2 roll not exactly a small floater need some real volume can be a pop and flopper so don't chase 

08:03:53am 08/27/15 FCX

Freeport-McMoRan Slashes 2016 Mining Expenses By 25

Dead cat bounce play very thick stock wait for an intraday setup, lots of debt but it is trading below book value could get a little squeezy 

07:31:11am 08/27/15 EXEL

Exelixis +10% Premarket Following Announcement of Regulatory Approval of Cobimetinib in Switzerland

Gapping premarket taking out the six dolla holla fairly thick stock lots of debt but big short interest could squeeze a bit but dont chase it 

10:22:34am 08/25/15 BAYRYFORD

Forward Shares +50% Following Announcement of Supplier Agreement Extension With Bayer

Small floater that has been holding up tough with all the volatility testing highs premarket lots of eyes on it