Tuesday, September 15, 2015

Waiting on the Fed!

Good morning folks,
We have data coming out from around the globe and most of it has been weak leading some indexes to test key levels. We have retail sales this morning which could set the tone for our markets as we approach the game changing "Fed Decision". 
Actually, I don't think it is a game changing decision at all. I think it is ridiculous that the markets are so hung up on it. However, the market could care less about what I think and all I can do is be patient. 
Wait for my setups to present themselves, wait for my opportunity to strike and if I don't get what I want then I play defense trimming gains and building cash, cutting losers. I sit on my hands and wait until I do get what I want.  
The markets are still guilty till proven innocent and this remains a traders market where you sell the rips. 

Stocks on my radar premarket

Bullish and may have lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity 
06:31:38am
09/15/15
XenoPort Announces Positive Phase 2 Study Results for XP23829 as a Potential Treatment for Patients with Psoriasis
Already gappin premarket pop and flopper  do not chase it Could set up for a scalp either direction
07:35:31am
09/15/15
Sunedison CEO Chatila Buys 4,800 Shares @$10.87/Share -Form 4
07:30:38am
09/15/15
SunEdison Launches First Community Solar Program in Massachusetts, Announces Construction of 2.7 Megawatt Project
Watching for another potential short term swing entry would love a 10 test and hold to start dipping my toe knowing it could test that 8.10 low
07:00:39am
09/15/15
Amicus Therapeutics Announces Plan to Submit NDA for Migalastat for Fabry Disease
08:10:47pm
08/31/15
Benzinga's M&A Chatter for Monday August 31, 2015
Probably more of a swing type Nice primary uptrend could go for a 20 test has held up fairly strong but could also be putting in a double top
07:01:23am
09/15/15
Vanda Announces FDA Has Accepted for Review the Fanapt Supplemental New Drug Application for Maintenance Treatment of Schizophrenia in Adults
Could go for a 14 roll small float fairly decent short position could get squeezy but don't chase it 
Former runner has event end of the month Looks like it could get a little bounce to top of channel 
Applied DNA Sciences (APDN) announced it had received ISO 9001:2008 certification for the Design and Manufacturing of DNA embedded concentrates, solutions and suspensions (and related authentication services) to be used in various security applications. 

This was a Fantastic swing but now its getting a bit extendedpr kinda fluffy  could be set up for a short Very thin name I am on the sidelines looking for a pullback to reenter for a long term swing 
SGI (SGI) and IT4Innovations national supercomputing center in the Czech Republic, announced the deployment of the Salomon supercomputer, ranked 40th among the most powerful supercomputers 
Have been watching this one for awhile in a primary down trend but just reported earnings that appear to be turning the corner looking for a 5 test 
08:32:26am
09/15/15
NetSol Reports Q4 EPS $(0.07) vs. Est. $(0.15), Rev. $15.4M vs. Est. $13.19M
Super tiny float can really run look for volume already gapping premarket don't chase it look for intraday setup 

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