When Things Get Tough>>>

The Tough KEEP GOING! 

Good morning folks, 
We had another extremely volatile day once again with oil pulling back nearly 10 percent after a historic three day run. We remain in a market where the rips should be sold and I do not see that changing in the near future. We will likely have more viscous bounces and deeper dips as we move through the month of September. 

Historically September is the worst month for the markets and It appears as though the markets are going to go retest the lows we made last Tuesday. If we break below that level we could officially head towards Bear market territory. 

Keep powder dry and look for opportunities to present themselves. 

Do not overstay your welcome on either side of a winning trade. It doesn't matter if you are short or long biased when the market is this volatile don't be greedy>>> book profits and scale out on the way up or down. The tide can change quickly and scaling out will lock in some of those profits avoiding a big draw down if the tide goes against you. 

Keep a close eye on the semiconductor space for clues that the markets have either bottomed or a turn is on the horizon.  The SMH has already entered bear market territory and will likely be the first to turn when we approach a bottom. 

Stocks on my radar premarket

Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity 

06:55:41am 09/02/15 BVXV

BiondVax Announces Intent to Launch a Phase 2 Trial in the United States in Collaboration with the U.S. National Institutes of Health

Already gapping Super tiny float do not chase it looks like it wants to test the five dolla holla 

08:01:54am 09/02/15 VRA

Vera Bradley Sees Q3 2016 Revs $120M-$123M Vs Est $117.20M

Big Gapper of earnings beat fairly small float and nice balance sheet Could be a swing candidate do not chase it look for intraday setup could tag the 13 dolla holla 

09:11:20am 08/12/15 ASPNASPN

Global Hunter Initiates Coverage on Aspen Aerogels at Buy, Announces $13.00 PT

Price target was a few weeks ago 

Held up well in yesterdays carnage looks fro an 8 break with conviction another small floater could break longer term trendline 

08:09:54am 09/02/15 TRVN

Travena +2.86% Following Jefferies PT Raise to $13 from $9; Maintaining Buy Rating

I Played this yesterday off the open still hold a small lotto position will look to exit into strength would like to see an 11 test

07:32:28am 09/02/15 NAVB

Navidea Biopharmaceuticals Announces Dual Listing on Tel Aviv Stock Exchange

Looking like it wants a 2 roll has been grinding higher even on weak days for the market after that shakeout candle 

06:55:20am 09/02/15 LOXO

Loxo Oncology Announces FDA Orphan Drug Designation Granted to LOXO-101 for Treatment of Soft Tissue Sarcoma

Very thin stock could test all time highs do not chase it looks for intraday setup