Be Resourceful!

Good morning folks,
We have Mario Draghi speaking today, some negative news out on Puerto Rico and Greece tensions once again. 

The retail sector took a hit yesterday after getting some earnings out of M and other brick an mortar retailers. The sector has looked weak technically and it does not appear as though that will be changing soon. 

Oil also took a hit which brought down the energy and alternative energy sectors.

Technically we are approaching areas that we want to see hold as support for several sectors and indexes like the IBB, IWM, SMH, QQQ, USO, and XLE. 

Choppy consolidating action can be healthy however be aware of any significant breakdowns on heavy volume. If that happens volatility will likely spike. 

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 .

No news and earnings are still a couple weeks away but it had a nice pop yesterday in an attempt to take out the 14 dolla holla. Potential reverse head and shoulders pattern could get some follow through if it takes out 14 wit conviction could see a nice move Recent insider buying @ 11.90 and 12.34

Full disclosure I have a small long term hold position that is under water from and 8 and change dollar cost average. I took a short term swing position @ 5.08 yesterday in a separate account. I have no plans to add to either position  I was looking for a snap back play like we got from FTK yesterday. It may not happen and the negative news flow is unrelenting. If it does not bounce by the end of the week I may just cut it loose and take my losses 

11/12/15 HIMX	Himax Says Large Panel Driver IC to Remain Key Growth Area for Co
05:02:59am 11/12/15 HIMX	Himax Technologies Reports Q3 EPS $0.01 Inline; Revenue $165.6M vs $156.8M Est

Earnings decent potential bounce spot 8 dolla call activity lately lil action premarket 

OHRP	Ohr Pharmaceutical Announces Submission of a Special Protocol Assessment and Upcoming Presentation on OHR-102 at American Academy of Ophthalmology

Small floater gapping balance sheet decent may have a lot of eyes on it today could get a 4 test 

NTWK	NetSol Tech Reports Q1 EPS $(0.04) Vs Est $(0.12), Sales $13.3M Vs Est $11.95M

Super tiny float has had nice runs in the past decent balance sheet potential 6 roll do not chase it 

11/12/15 MITK

Mitek Signs Top Five Insurance Company for Photo Fill Mobile Web solution

Already had a nice pop off earnings could get some follow through but be careful it can be a tricky trader may be more of a swing 

11/12/15 HART

Harvard Apparatus Regenerative Tech Up ~42% Following Confirmation Results For 2nd Gen. Bioengineered Esophagus, trachea, & Bronchus Implants

Another Small floater will likely need to raise cash soon Gapping premarket with the 1 dolla holla could set up intraday for more