Don't Look For Perfection!

Good morning folks, 

Not every trade we make will be perfect. They won't all be winners, they won't all  work out exactly as planned. There will likely always be something that we could have done better. A better entry, better risk reward, better position sizing, better exit, better timing, .... the list goes on and on. Don't look for the perfect trade>>>instead learn from every trade you make and ask yourself how you could have made it better.

Yesterday was a choppy day as we consolidate a bit after the nice run we have had. The Fed meeting begins today with the statement coming out tomorrow and we get some big earnings after the close that could impact our immediate market direction.

Gold and Oil both took a hit yesterday as the dollar strengthens that is typically bad for commodities. Keep an eye on the UUP if you are looking to trade in the commodity sectors. 

IWM SMH both  hit the pause button yesterday and we should expect some more choppy action until we get through the Fed statement in my opinion. Surprisingly the IBB held up fairly well yesterday. 

Be patient, and always remember that cash is a viable trading position> you don't have to trade if you can't find the ideal set up and ideal entry for your style of trading. 

Stocks on my radar premarket

Bullish and may have a swing or lottos in play

Cautiously optimistic

Very Cautious may even present a short opportunity .

BABA	Alibaba +11% Premarket Following Q2 Earnings Beat
06:53:57am 10/27/15 BABAYHOO	Yahoo Shares Up ~4.8% In Pre-Market Trading Following Alibaba Earnings Release

Nice earnings beat Blew right through 80 resistance and 85 could be the next resistance area I wouldn't chase it but look for intraday setup. It had a nice run into earnings you can also look at YHOO as a Sympathy play

AGEN GSK

+ GSK's candidate Shingles Vaccine Containing Agenus' QS-21 Stimulon Shows 90% Efficacy against Shingles and 89% Efficacy against Post-Herpetic Neuralgia in

Could have found a bottom on the daily does have a bear flag as well but could set up for a day trade decent short position and they have plenty of cash for the near term Looking for a 5 roll with conviction maybe even a six tag 

YNDX	+ Yandex Reports Q3 RUB$13.28 Vs Est RUB$10.12

Flirting with a 14 roll look for volume 

AMGN CYTK

+ Amgen and Cytokinetics Announce Positive Top-Line Results From COSMIC-HF, A Phase 2 Trial of Omecamtiv Mecarbil in Patients With Chronic Heart Failu

7 roll low floater good looking balance sheet could be a nice mover but tends to be a wild mover so don't chase 

6:01 am Bio Blast Pharma announces positive interim results from a Phase 2 clinical study of Cabaletta, to treat oculopharyngeal muscular dystrophy (
getting a little action premarket super tiny float could test the 6 dolla holla likely going to have to raise capital soon 

UQM	UPDATE: UQM Technologies Signs Ten Year Supply Agreement with Chinese Customer, Revenues From Contract Could Exceed $400M

Potentially a 400 million dollar contract for 10 years after a year of testing shipments won't start till 2017big gapper yesterday after the halt had a CC this morning could get a pop off the open DO NOT CHASE likely going to need to raise capital soon could set up for a nice short 

Trinity Health System Secures Its Community with Zix Email Encryption

Earnings already behind this one continues to hold the 5 range after the gap up could set up for intraday play nice accumulation last few days 

TROV	Trovagene's Urine-Based Liquid Biopsy Platform Shows Clinical Sensitivity of 93 Percent in Lung Cancer Study

They did a raise in the 8.50 range could have put in its bottom gapper could set up for a nice day trade fairly small float 20 percent short position could get fun Early stage Phase 1/2 test so still a ways to go don't chase it