The Future is Yours

Good morning folks,
The last couple of days have been great for trading as we get more earnings from some big names rolling in. Last night was TSLA TWC which seems to have impressed the street enough to give them a nice bounce premarket. Wee get FB after the close and DIS tomorrow after the close I am paying close attention to both. They have both had very nice runs into earnings so I have some slight trepidation as to how much further they can run after earnings.

The Oil names continued to show some strong action yesterday to me the question is whether this is sector rotation into an extremely beaten up industry or its just some short squeezing of a sector that is still in deep financial trouble,  My belief is>>>>>> its both! There are some companies in the sector that present great value that have some reasonably strong balance sheets and then there are those companies that have terrible balance sheets and large short positions that present great short squeeze candidates. Knowing the difference between the two helps me determine which stocks are day trades or very short term swings  and which stock are longer term swings or even potential investments. 

If you watched last weekends video I went through a list of names in the sector that I felt had relatively decent balance sheets. Those present the potential swings/investments.  

I have a whole other watchlist of names that have pretty charts but their balance sheets are a disaster and high short interest. Those are the ones that can present some great day trades with squeeze potential. 

It took a lot of time to go though all the stuff but if you want an edge in this business you have to be willing to put in the work. 

FYI TV and Broadcasting stocks seem to be a pretty hot sector to pay attention too 

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 .

SSNI	Silver Spring Networks Reports Q3 Adj. EPS $0.10 vs $0.03 Est., Sales $74.7M vs $73.3M Est.

Can be a tricky trader nice earnings beat and raise full disclosure in my long term hold account looking for a test of 15 if it takes that out could get fun 

MXL	MaxLinear Sees Q4 Rev. $95-$100M vs. Est. $94.5M
04:12:11pm 11/03/15 MXL	MaxLinear Reports Q3 EPS $0.40 vs. Est. $0.34, Rev. $95.191M vs. Est. $94.65M

Flirting with 14 premarket look for volume could be a gap and go 

OCLR	B. Riley Upgrades Oclaro to Buy
04:12:01pm 11/03/15 OCLR	Oclaro Sees Q2 Sales $88M-$94M vs $90.6M Est.
04:11:40pm 11/03/15 OCLR	Oclaro Reports Q1 Loss of $0.03/Share vs Loss of $0.05/Share Est., Sales $87.5M vs $86M Est.

Full disclosure I have some lottos left from a 2.44 entry likely going to sell into strength > it had a nice run into earnings will be looking for a pullback setup and may take it for a scalp 

Sierra Wireless (SWIR) announced that Itron has selected AirPrime HL Series modules to enable cellular connectivity in its latest line of smart gas meters. The point-to-point residential meters will begin shipping later this quarter to support smart metering initiatives across Europe, beginning with a deployment in Italy. 

Looking for a range break out small float decent balance sheet may be waiting on earnings 

PLUG	Option Alert: $PLUG Nov $2.5 Call Sweep; 1494 Contracts Above Ask @$0.45; Now $2.85
11:16:08am 10/20/15 PLUG	Option Alert: $PLUG Jan $5 Call Sweep; 1404 Contracts @Ask @$0.07; Now $2.48

Plug can be a pop and flopper but it looks like it wants a 3 roll don't chase it but watch the volume  it has already had a nice run up into 3 so be careful balance sheet is not great but there is a decent sized short position 

 

ACRX	AcelRx Pharmaceuticals Presents Data from Phase 3 Clinical Trials Evaluating the Safety and Efficacy of Zalviso in Obese Surgical Patients

ACRX has had a nice move last few days right at resistance if it takes it out could test the 5 dolla holla