Wednesday, September 16, 2015

The Final Countdown!


Good morning Folks, 
I just couldn't get this commercial out of my head as we head into the Fed meeting tomorrow. I think the microwave countdown may be more important than what the Fed does tomorrow but I guess acting like its a HUGE event creates some drama for the financial networks to play off of. If you watch the video do not blame me for that song sticking in your head ALL DAY!

We had a nice little bounce yesterday with some beaten up names making some great moves. The economic numbers were not that strong yesterday which led to speculation the Fed won't make a move. Then there was speculation that if the Fed does make a move the market will embrace it. 
I am in the latter camp but the markets are still trading in a range. Tomorrow could be the catalyst that determines how the markets resolve at least for the short term. 

On a side note, I did like the action in the IBB IWM and the SMH yesterday. Let's see if that can continue. 

Stocks on my radar premarket

Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity 
07:04:09am
09/16/15
Intra-Cellular Therapties +32% Following Announcement of Positive Top Line Results For ITI-007 First Phase 3 Trial
Big gapper small float could be a runner but look for intraday setup do not chase the open 

06:05:39am
09/16/15
Acacia Announces Settlement and Patent License Agreement with BenQ America Corporation
Really like the daily on this one looking for a base breakout and a 10 dolla holla probably more of a swing 
07:31:29am
09/16/15
Amgen, Xencor Report Strategic Collaboration In Cancer Immunotherapy & Inflammation; Xencor To Receive $45M Upfront Payment & $1.7B In Clinical, Regulatory, And Sales Milestone Payments
Shares currently halted likely to gap open look for intraday setup small float if it gaps too much will likely fade so be careful 
EXEL closed over the 6 dolla holla looking for potential continuation 
07:00:44am
09/16/15
Arotech Announces $8.1M in Air Warfare Simulation Contracts and Awards
Small float trading below book value, positive cash flow gap to fill on the daily primary trend clearly down >Do not chase it 
ITEK hot daily need to see some volume on a break over 15
08:02:02am
09/16/15
SunPower Lawsuit Against SunEdison Dismissed
07:02:08am
09/16/15
SunEdison Announces Will Supply Battery Storage in Net-Zero Energy Home Pilot Project in Fontana, 
Potential continuation and 12 test 
07:32:36am
09/16/15
Geron Announces Start of Janssen Phase 2 Clinical Trial of Imetelstat in Myelofibrosis
Can be a pop and flopper do not chase it active premarket could setup intraday 
 WaferGen Bio-systems, Inc. (WGBS) will present results from the Company's single-cell analysis system at the Single Cell Genomics (SCG) Conference on September 16th, 2015, in Utrecht, The Netherlands. The presentation will highlight throughput and performance levels not previously achieved prior to the development of WaferGen's single-cell research platform (poster abstract code P036). In addition, data generated by the Company's single-cell early access partners utilizing WaferGen's technology will also be presented at the conference.
Could get some play nice little flag on the daily watch for a break out don't chase it can be a pop and flopper 

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