Under Pressure!

Good morning Folks
The bounces are harder to come buy this week and the conviction behind the bounces is lacking. 
The bears appear to be more emboldened as the negative news continues to flow. 

It looks as though we are on our way to testing the near term low in the indexes. If we take that out we may be looking at a retest of last Octobers low. This won't be the end of the world but it could be a painful trip for anyone holding long positions. 

With that in mind>> I know that this is not the time to be aggressive with swing positions. I am not suggesting you can't buy something you like that is on sale just DON'T take your full position. For example I have started a small position in SUNE my first entry was 9.95 my second entry 9.34 and I just tweaked my limit buy for another entry @ 8.30. I am scaling into the swing and I have the patience to wait it out and my position is not large enough for me to be stressed about the short term moves. The stock could be under pressure for the next couple of months and it could hit new near term lows I will be opportunistic as the price declines until I get to my target for a full position. This is very different from day trading with a much longer timeline to achieve my desired results. 


Stocks on my radar premarket

Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity .

07:55:31am 09/24/15 ARWR	Arrowhead Research +25% Premarket Following Announcement of Results of ARC-520 Hep B Study
07:34:27am 09/24/15 ARWR	Arrowhead Research Announces Peak Reduction in HBsAg of Up to 99% Following Single Dose of ARC-520 for Naive Cohort

Fairly small float decent cash position 26 percent short interest already gapping could continue likely to have resistance in the 9 range if it takes that out with conviction could really run

04:10:37pm 09/23/15 CNAT

UDPATE: Conatus Pharma Said Trial on Emricasan Met Primary Endpoint for Clinically Meaningful, Statistically Significant Change from Baseline in HVPG, from Baseline in cCK18

This was a great scalp yesterday Do not chase this is the third day of its move  8 is resistance and there is a wide divergence of price targets coming out this morning from 15 to 5 Small float  Could set up for a scalp play >burning through cash likely going to raise soon 

07:53:18am 09/24/15 KERX

Keryx +17% Following Announcement of EU Approval for Fexericx for Treatment of Hyperphosphatemia in Adults With Chronic Kidney Disease

UGLY daily gapping premarket HUGE short interest can be a pop and flopper do not chase it 

08:05:41am 09/24/15 NCIT

NCI Wins $14M US Army Con

Not a huge contract VERY thin stock Don't chase  13 would have been an Ideal spot to dip toe for a swing 

07:05:21am 09/24/15 PLUG

Plug Power Announces Approval Of Bi-Partisan Fuel Cell Extenders Act Of 20

\Lots of eyes on this one flirting with a two roll could test 2.50 or so 

07:30:53am 09/24/15 ALIM	Alimera Sciences Limited Announces ILUVIEN® Study Results Presented At 15th Euretina Congress
08:04:37am 08/13/15 ALIM	Alimera Sciences Reports Signing of Exclusive ILUVIEN Distributor Deal for Italy, San Marino, Vatican City

Could be a bottom bouncer snap back play small float likely going to raise capital soon DT scalp only 

07:34:07am 09/24/15 TASR

Memphis Police Department to Deploy 2000 Body Cameras with Axon Signal Technology from TASER

could get a lil pop off this news possible 24 roll 

08:36:50am 09/24/15 SGNL	Signal Genetics Granted First European Patent for MyPRS
09:46:55am 09/23/15 BMR CNATCTXS	Morning Market Gainers
07:03:53am 09/23/15 SGNL	Signal Genetics Reports Master Service Deal with Leading Biopharma Co.

Flurry of news lately but lacking detail popped and flopped yesterday small floater could setup 

for a scalp