I know many of you may be heading out for the Holidays. I want to thank you for taking your time to follow me and read my ramblings. I hope I have helped you in some small way. Enjoy your holiday, be safe and have fun.
We had a nice day yesterday and we also had a decent earnings report out of NKE after the close as well as some good news out of CELG. Oil seems to be stabilizing so we could see some continued strength in the sector. The stocks to watch list if off to a strong start from the video this weekend GMLP CNIT OHRP TROX TXMD are all nice movers I hope you were able to take advantage of at least one. The Santa Clause Rally is looking more and more likely as we head into the end of the year.
Solar's took a bit of a hit yesterday and unfortunately my state was partially to blame with some potential new legislation that could set new precedence and negatively impact the entire industry. Couple that with the fact that we had a nice run last week in the sector it wasn't a shocker to see a pullback.
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Today's Economic Calendar
7:00 MBA Mortgage Applications
8:30 Durable Goods
10:00 New Home Sales
10:00 Reuters/UofM Consumer Sentiment
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
8:30 Durable Goods
10:00 New Home Sales
10:00 Reuters/UofM Consumer Sentiment
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
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 ..
06:00:58am12/23/15
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04:55:47am12/23/15
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Potential bounce spot could be an interesting swing from the 13 to 13.50 level if it were to hold
Consolidating after the gap could be setting up for another run big short interest plenty of cash look for volume could go if the IBB goes
Could get a continuation of the bounce it started yesterday Very thick stock takes a lot to move it but with guys like Icahn involved it can be done more of a swing or long term hold
08:01:36am
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