Good morning folks,
It looks like we have a somewhat weak open and a boatload of data coming out from the biotech sector. There are likely going to be some big movers in each direction as the data is absorbed. Be careful not to chase anything but look for some strong intraday setups, red to green off the open or opening range breakout scalps.
Gold bouncing a bit after last weeks hard selloff premarket. There could be a double bottom play on the daily but I would be looking at it as a day trade only.
VRX and WTW could both have continued wild swings and present some scalp opportunities
Market Wrap Video
http://www.screencast.com/t/EM52HFesj
Stocks to Watch
http://www.screencast.com/t/GfCt8trKlu
OLN the float on OLN is 164 million 32 percent short position
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 .
Piper Jaffray Initiates Coverage on Vascular Biogenics at Overweig
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RedHill Biopharma Reports Q3 EPS $(0.04) vs. Est. $(0.50)
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