Welcome to December

Good morning folks, 
It is the last month of the year>>> lets make it a great one. 

We had a small pullback yesterday to close out November. In this weekends market wrap video we talked about the fact that we could see a short term pullback 

I like the way the SMH showed some strength and I was a bit disappointed with the action in the IBB. 

Oil showed more weakness and energy sector names continue to hold up well. There is an OPEC meeting this week that will likely have a short term impact on the immediate direction of oil and the energy sector.

Today's Economic Calendar

Auto sales
8:30 Gallup US ECI
8:55 Redbook Chain Store Sales
9:45 PMI Manufacturing Index
10:00 ISM Manufacturing Index
10:00 Construction Spending

12:45 PM Fed's Evans: U.S. Economy

Stocks on my radar premarket

Bullish and may have a swing or lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity ..

GIGA LMT

Giga-tronics +80% Premarket @$2.00 Following Announcement of Software Agreement With Lockheed Martin

Huge gapper off news Be careful they could need capital soon, TINY floater first day of the pop could get a little crazy don't chase it look for constructive setup

01:57:19am 12/01/15 BLOX

Infoblox Beats Q1 Views, Shares Surge

Earnings winner gapping raised guidance and also announced 100 mil share buy back likley to have some resistance trying to get through the 18 dolla holla May want to wait for a pullback to support could be more of a swing 

Analyst just downgraded the stock last week wit a 13 price target >Guess they got it wrong

06:03:47am 11/24/15 BLOX

Deutsche Bank Downgrades Infoblox to Sell, Lowers to $13.00

Don't Chase it

SGMO	Sangamo BioSciences Announces FDA Clearance Of Investigational New Drug Application For SB-FIX, First In Vivo Protein Replacement Platform Program For Treatment Of Hemophilia B

Nice daily just broke the trendline and cracked the 8 dolla holla could get some nice follow through fairly small float 18 percent short interest on this weeks Video 

11/30/15 SGYP

13G Filing from Highbridge Capital Mgmt on Synergy Pharma Shows New 5.1% Stake

Off this weeks video Look for some volume and a potential test of the 7 dolla holla 

4:11:00am 12/01/15 ESRX IMMYIMMY

Express Scripts to Partner With Imprimis Pharmaceuticals to Offer Alternative to Daraprim for $1.00/Pill

Sloppy trader can be a pop and flopper tiny floater May need to raise soon but could set up for a nice day trade 

06:46:43am 12/01/15 RYAM

Rayonier Advanced Materials Announces New Contract with Eastman Chemical Through 2019

Gapper premarket testing the 13 roll recent IPO small float High debt load positive cash flow could set up for a nice day trade or swing>  could go test resistance @ 14.40 or so 

08:08:45am 12/01/15 LXRX

Telotristat Etiprate Achieves Positive Top-Line Results In Second Phase 3 Clinical Trial, Met Primary Endp

Small floater good cash position gapping premarket recent IPO could set up for a day trade

08:06:16am 12/01/15 FDML

Federal-Mogul Motorparts and China Automotive Import and Export Co. Ltd. Announce Strategic Expansion of Automotive Aftermarket Business in China

This is more of a swing candidate can be a grinder look for a trend break with conviction 

08:13:27am 12/01/15 ARNAESALY	Arena Pharma +15% @$2.75 Premarket as FDA Accepts NDA for Once-Daily Formulation of Belviq
04:12:34am 12/01/15 ARNAESALY	Eisai Announces FDA Accepts NDA for Once-Daily Formulation of Antiobesity Agent Belviq

This one has already had a nice move may need to consolidate a bit since it had a nice move into the news has a larger float so could be a slower trader