Where Do You Draw The Line

Good morning folks, 
We had another treading water type of day and this morning, at least for now, we are looking at a small gap open. This action is very constructive as we consolidate for the next move. We have several indexes or sectors approaching areas of support with nice looking patterns being formed. Just quickly going through my index scans I noticed the XLE IWM MDY and even the IBB is looking kinda hot. So for now it looks like we are building up some energy and working off overbought conditions through time. 

The SMH which we talked about this weekend is at a key spot where it could break down so be cautious in that space especially if its a stock in that sector that has already had a nice run. 

INTC MXIMMXL

Fundamentals In Semi Sector 'Shaky' Following Q3 Results

http://www.benzinga.com/node/5973241

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 .

OPXA	Opexa Therapeutics Announces Statistically Significant Preclinical Study Resultsfor Neuromyelitis Optica Program

Gapping premarket PRE-CLINICAL data likely going to need to raise cash don't chase it if it gaps too much could set up for a short play 

ANFI	Amira Nature Foods Trading Higher After Hours With News Of Independent Investigator Finding Allegations Against Company Are Unsubstantiated And Unfounded

Looks like a short squeeze 30 percent sort interest Broken stock on the daily gapping right into resistance watch the volume Don't chase 

ALRM	Alarm.com Sees Q4 SaaS, License Sales ~$37.7M-$37.9M; Sees FY15 Total Sales $197.7M-$200.1M vs $194.7M Est., Raises Adj. EPS Guidance from $0.13-$0.14 to $0.20-$0.21 vs $0.14 Est.

Recent IPO Gapper that had a nice run into earnings rich valuation don't chase very tiny float could squeeze 26 percent short interest 

AVXL	Anavex Reports Positive Primary, Secondary Endpoints Were Achieved in a Phase 2a Clinical Trial of ANAVEX 2-73 in Alzheimer's Diseas

Had a nice bounce off this report yesterday could get some follow through day trade only

FTK	UPDATE: Flotek Filing Discusses Appointment of Independent Verification Team Related to Supporting Accuracy, Transparency, Credibility of FracMax

FTK	UPDATE: Flotek Expects Results of Independent Verification Team Early '16

Could have a snapback after the meltdown strictly a day trade big short position at some point they start to cover 

TROV	Trovagene Reports Q3 EPS $(0.23) vs. Est. $(0.27)
08:15:50am 10/27/15 TROV	Trovagene's Urine-Based Liquid Biopsy Platform Shows Clinical Sensitivity of 93 Percent in Lung Cancer Study

In this weekends video broke trend yesterday after earnings could get a follow through 

HIL	Hill International Receives $78M Contract Extension on Muscat International Airport and Salalah Airport in Oman

Has earnings up soon could get a pop trading near book value may be waiting on earnings to make a big move