Have an Open Mind

Good morning folks, 
We had a nice gap up day that held yesterday and it looks like we have another one today. I am still cautious about the near term direction of the markets but if you recall one of the things I talked about this weekend was the semiconductor sector and some of the other extremely beaten down sectors like commodities.  

Yesterday we saw some pretty good strength in both sectors. This could just be a dead cat bounce or it could also be the value investors getting involved which could signal a change in money flow. Stocks like MU TESM HIMX RMBS CLF FCX had nice pops yesterday. It would be very encouraging if that strength were to continue. However, don't get suckered in, many names out there that look like they have a cheap share price are still extremely expensive or in bad shape from a debt perspective. Be careful and do your homework. Have a game plan and take advantage of the opportunities as they unfold. 

Stocks on my radar premarket

Some other names to watch BONE insider buy 3.68 PLAY earnings beat, IBIO grant news, 

Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity 

07:02:06am 09/08/15 CLF

Cliffs Natural Resources Inc. Announces Proposed Sale of First Point Minerals Shares

Closed near could set up as a nice day trade huge short position Massive debt do not chase this 

08:21:15am 09/09/15 AKBA

Akebia +90% Premarket Following Tuesday Report of Positive Top-Line Results from its Phase 2 Study of Vadadustat in Dialysis Patients with Anemia Related to Chronic Kidney Disease

Super small float don't chase but this one could continue to run look for intraday setup on a day one pop hopefully we get some early shorts 

Potential swing Watching the pullback had FDA data coming out on the 30th  high risk could do a TTPH if news is bad so play accordingly Recent upgrade and PT of 11

08:18:00am 09/09/15 AMZNNURO

NeuroMetrix +7% Premarket Following Announcement that Quell Wearable Pain Relief Device is Now Available on Amazon

NURO we got the dolla roll premarket has some converts out news is nice but a bit fluffy don't chase it can be a pop and flopper 

Ceragon Networks (CRNT) announced that three large North American mobile operators, all existing Ceragon customers, are deploying its IP-20 platform for their separate 4G network expansion and modernization projects.

Fairly Thin stock not a bad looking chart a bit sloppy could need capital soon getting a little premarket gap 

06:14:44am 09/09/15 ACRX

8-K from AcelRx Pharma Shows ARX-04 Has Met All Endpoints in PIVOTAL Phase 3 Study for Moderate-to-Severe Acute Pain

Already gaping premarket looking for a 5 test small float fairly sizable short position could get squeezy

Applied DNA Sciences (APDN) announced that the number of CViT convictions attributed to the use of SigNature DNA in cash boxes has risen to 101 with prison sentences of over 470 years.

Super tiny float signing some nice contracts with government agencies more of a long term hold story would prefer to add to my lottos at 3 but could set up for a day trade look for volume DO NOT CHASE

08:32:14am 09/09/15 RIGL

Rigel, Aclaris Therapeutics Sign JAk Inhibitors License Agreement

Carry over form yesterdays list still looking for that 3 roll with conviction 

08:05:10am 09/09/15 HOTR

Chanticleer Reports 7.8% Comp. Store Sales Increase For Fast Casual Restaurants Owned More Than One Year

More of a swing type Doing a rights offering for existing shareholders as of close of Sept 1st Could be a bounce play