Friday, November 6, 2015

Create A Vision


Good morning folks, 
All eyes will be on the jobs report this morning and we are in a weird place as we await that number. If its a strong number does that mean the Fed is going to raise the rate in December? Is a stronger economy actually bad news? If the number is weak does the Fed do nothing in December? That would mean more easy money policy but it would also mean that the economy is stalling. Could good news be bad news and could bad news be bad news? We are a bit stretched in the markets and I have been saying that we seemed a bit tired the last couple of days so a pullback would not be out of the question.

Watch the dollar strength, gold and the associated ETF's if the jobs number is extremely weak Gold and the miners could get a nice bounce. If the number is extremely strong DUST and JDST could continue their powerful run.

Financials could get a nice pop if we get a strong jobs number and it looks as though a rate increase is a given in December. 

DIS earnings seem to have met the street but it appears as though that was already priced into the stock since it is basically trading flat premarket. Earnings season, at least for a majority of the big name companies, will be coming to an end this week but there will still be opportunities to take advantage of. 

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 .

4:18 pm Torchlight Energy Resources agrees to sell certain of its Hunton Assets to Husky Ventures, for $4.6 
Small float oil name balance sheet is decent could get a 2 roll look for some volume would just be a day trade for me

Barclays Pleased WIth Weight Watchers, Calls Q3 Expense Control 'excellent', Notes Cash On Cash Is In Excess Of B1 Term Loan Maturing March 2016
04:16:21pm
11/05/15
Weight Watchers Reports Q3 Adj. EPS $0.39 vs $0.29 Est., Sales $273.3M vs $266.5M Est.; Raises FY Outlook
OPRAH nailed this bad boy!!!! Flagging just over the 20 dolla holla premarket there are a ton of people that are wanting to short this thing Small float lots of debt HUGE short position this thing could get a little crazy if you trade it be very disciplined DO NOT CHASE IT
Geron Corp. Reports Q3 EPS $0.17 vs. Est. $0.11, Rev. $35.4M vs. Est. $21.35M
Could try for a 4 dolla holla but it actually had a nice little run into earnings it is gapping a little premarket but it has a tendency to be a pop and flopper so don't chase but could be worth watching 

Lightpath Reports Q1 EPS $0.05 Vs Est $0.01 Vs Est $4.2M Vs Est $3.70M
Tried to tag 2 after the close super tiny float can make big moves but usually ends with a flop so do not chase it but it could provide a nice scalp in both directions

ServiceMaster Reports Q3 Adj. EPS $0.54 vs $0.50 Est., Sales $706M vs $695M Est
Could get a 5 roll and a break of the downtrend small floater has had nice runs in the past could set up intraday 

Stifel Nicolaus Upgrades ChannelAdvisor to Buy
04:26:48pm
11/05/15
ChannelAdvisor Sees Q4 Sales $26.2M-$26.6M vs $26.2M Est.; FY15 Sales $97.4M-$97.8M vs $96.5M Est.
04:26:10pm
11/05/15
ChannelAdvisor Reports Q3 Sales $24.4M vs $23.9M Est., Adj. EPS $(0.07) vs $(0.17) Est.
Decent balance sheet, decent size short position, Small float need some volume can make some wild moves so don't chase but could be a good scalper Gapping over 10 premarket 
05:25:52pm
11/05/15
Autobytel Reports Q3 Adj EPS $0.45 Vs Est $0.38; Raise FY 2015 Adj EPS $1.20-$1.24 Vs Est $1.19 & Revs $132M-$134M
Flirting with the 20 dolla holla premarket could be more of a swing type/ long term hold  just tested its 52 week highs beautiful uptrend on the daily Tiny float 
CDI Corp. Awarded Engineering and Marine Services Contract by U.S. Navy For $38.3M
Yes another small floater!!!!! This one is trading below book value decent contract win Going through some changes with some recent acquisitions they are losing money but could get jiggy for a day trade



No comments:

Post a Comment