Monday, November 9, 2015

Know Your Limitations


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
Small floater possible bounce spot off of 6 need some volume 
RedHill Biopharma Reports Q3 EPS $(0.04) vs. Est. $(0.50)
lil gap premarket another small floater likely going to need to raise cash soon 
Praj Signs Licensing, Joint Development Agreements with Gevo
05:20:20pm
11/04/15
Gevo and ValvTect to Collaborate in Bringing Renewable Isobutanol Fuel Blends to Marinas
Chronic pop and flopper could get a 2 roll don't chase it small float burning through cash negative cash flow 


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