It Is The Season of Gift Giving

Good morning folks, 
We started out yesterday premarket looking like we were going to follow through with the Fed run only to hit a wall and reverse on the day sending almost every sector into negative territory. Some of the hardest hit sectors were the ones that were the strongest after the Fed decision. 

In yesterdays blog I indicated I would not be surprised if we had a pullback heading into quadruple witching options expiration along with an S&P and Russell re balancing.

Today could be an extremely volatile day with the pressure likely to the down side. I know that there is a lot to worry about out there with the collapse of commodities, the strength of the dollar, over valuation, high yield debt, and a global slowdown but call me an optimist because I still think we will still have that Santa Clause rally. 

Repeat after me >>>>>
THE MARKET DOES NOT CARE WHAT I THINK!

While this is true >it is my opinion that the FORCE will AWAKEN. ( See what I am doing here?)                                                                                                        Here is a hint in case you live in a cave. 

This weekend Good will conquer evil>> That will carry over to the Bulls beating the bears and The longs will destroy the shorts as we have a rip your face off rally in some of the most beaten up sectors! 

Now, if that plan doesn't exactly develop then we are just going to have to adjust to whatever the market is doing. At least we are going into it with a positive attitude!!

Big thanks to Danny>> one of the people hanging out in the FREE Chat room. Because of his alert we were all over RWLK yesterday. If you are looking for a cool place to hang out and share trading ideas Check out the free chat room tab above.

Keep an eye on TVIX UWTI UUP GLD 

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 ..

07:23:40am12/18/15 BBRY	+ BlackBerry +9% Premarket @$8.50 on Strong Earnings Report
07:01:01am12/18/15 BBRY	+ BlackBerry Reports Q3 Adj. EPS $(0.03) vs $(0.14) Est., Sales $557M vs $489M Est.

Very thick stock takes a lot to move it but at first glance looks like a good earnings report could get some traction >lil gap premarket 

06:03:00am12/18/15 OEC

+ Orion Engineered Carbons Announces $20M Buyback

This could be one of those beaten up names that could come roaring back or it could just give us a nice scalp trade Thin stock recent IPO possible ten test and roll 

45:45am TROX

+ Tronox Reports $150/Metric Ton Price Increase in Titanium Dioxide

Another potential snap back play extremely oversold just looking for a potential scalp opp 

08:01:03am RLOC

+ UPDATE: ReachLocal Sees Adj. EBITDA $15-$17M for FY16, Raises Q4 Adj. EBITDA From $0.8-$1.4M To $2.4M-$3.0M

Very thin dolla roll> potential double bottom on the daily not one to chase but could present a decent scalp trade

8:03:59am BOX IBM

+ Box and IBM Expand Strategic Partnership, New Term Has Potential To

Looking for a 14 roll with conviction more of a swing I think 

8:04:34am MANT

+ ManTech Reports Winning of $5B MAC IDIQ Contract for Providing Cyber Security, Info Systems Technical Support to Defense Technical Information Center

This could be a nice swing or long term hold thin float trading at book value nice contract win looks good technically bounce off the 31 spot oversold > over all key moving averages 

A10 Networks (ATEN) announced that global electronics manufacturer Casio Computer Co., Ltd., is using the A10 Thunder ADC solution to consolidate networking resources, improve application performance and enhance overall user experience.
Could be at a decent bounce spot recent insider buying 6.18 to 7.29 more of a swing