Monday, April 4, 2016

The Three P's


Good morning folks,
Hopefully you had time to watch this weeks videos and you were able to glean a few trade ideas from them. The trade opportunities may not always develop or work out as planned but at least we have prepared for the opportunities as they arise. 

We have a lot of biotech news hitting the street this morning and it looks like we have a few names in the sector making a move. ZFGN and TXMD could both be in play. EKSO is a little penny play also had some nice FDA pr this morning and could give the dolla holla a test. Full disclosure I already own EKSO in my long term hold account. It would be nice to see the biotech sector take out the levels we talked about this weekend. 

The Dollar is showing some strength premarket and that could put some pressure on commodities.We had some news out of OPEC over the weekend that may put some additional pressure on Oil. Be careful in the oil, precious metals, minerals and miner sectors.
We have an airline merger and that could be good for the transports. While SUNE's bankruptcy announcement will likely put a cloud over the solar sector. (get it ?? Cloud over the solar sector.. lol> I kill me!) 
Today's Markets 
In Asia, Japan -0.3% to 16123. Hong Kong closed. China closed. India +0.5% to 25400.
In Europe, at midday, London +0.6%. Paris +1%. Frankfurt +1%.
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude -0.3% to $36.67. Gold-0.5% to $1217.90.
Ten-year Treasury Yield -1 bps to 1.77%
Today's Economic Calendar

ETF's on my Radar 
Volatility & SPY                                     OIL                                                  Biotech
UVXY XIV VXX TVIX SPXS SPXL      UWTI DWTI GUSH DRIP         
LABD IBB LABU      
 Gold                                SILVER         Dollar                                Financials
GLD NUGT JNUG             USLV          UUP                                 FAS XLF FAZ

Minerals and Miners                   Utilities           RETAIL                    Transportation 
XME GDX GDXJ                      XLU             XRT                         IYT  XTN
DUST JDST  

Stock on my Radar Premarket 
*pr = Press Release

BLRX pr active premarket 
QURE earnings XBIT pr 
Stocks on this weeks watch list  CSII CRMD AQXP EVLV GBIM 

 

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