Wednesday, December 16, 2015

Lets Get This Party Started

Will Ms. Yellen Give US A Reason?


Is Yellen >>>The REAL Santa Clause?
Good morning folks, 
We are going to find out by the end of the day. I was really hoping we would have a couple of weak days leading into the Fed decision. Whatever is said today and how it is interpreted will likely set the tone for the remainder of the year. Now keep in mind the the first reaction of the markets to the Fed announcement is usually just a knee jerk reaction. After the data gets absorbed the real move starts to appear. Be careful not to over react >regardless of the initial market action. 
We are flashing some green premarket after a very nice day yesterday. If you have some profits working it never hurts to book some into a binary event like today. We will likely trade in a range as the decision approaches. 

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Watch yesterdays movers for potential follow through 
LL, VRX,  PYPL SUNEStocks on my radar premarket


Bullish and may have a swing or lottos in play

Cautiously optimistic


Very Cautious may even present a short opportunity ..
06:31:34am12/16/15
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Array BioPharma Reports Phase 3 Binimetinib Trial Met Primary Endpoint for NRAS-Mutant Melanoma
Gapping premarket 20 percent short interest small float may need to raise capital soon could test a 5 roll Already seeing people trashing the results so be very careful do NOT CHASE 

04:21:37pm12/15/15
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UPDATE: Higher One Says Will Explore Strategic Options for Payments Unit
04:21:12pm12/15/15
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Higher One Holdings Reports Sale of Disbursements Unit for $37M in Cash
.Could bounce here but has that gap to fill > thin floater recent insider buying @2.94
02:23:12pm12/09/15
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Deutsche Bank's Top IT Ideas For 2016 Are Here
06:07:24am12/04/15
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Infoblox Announces Will Purchase $50M of $100M Buyback on Dec 8
Old headlines but it has been consolidating since reporting great earnings and the buyback Looking for a trendline break and 19 roll with conviction

No news >latest earnings were decent and there is speculation it could be a take out candidate
13 seems to be holding as support may be more of a swing play
How ironic this news just hit 

08:15:00am12/16/15
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Oppenheimer Bullish On Box Inc, Sees Potential For 6-12 Month Reversal Of Declining Net Expansion


Flirting with a 9 roll after the big gap watching for a potential scalp 

Hot daily looking for it to take out 14 with conviction more of a swing play recent insider buying @ 12.50

06:23:53am12/16/15
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China Finance Online +45% Premarket @$6.62 Following Earnings Report; Sale of Stake in Shanghai Meining Computer Software
Have to be careful with these China names its gapping into resistance very tiny float could set up for a nice trade in both directions

Has had a constructive pull back after that little run into resistance could be ready for a nic ebounce if the IBB finds some strength 

Had some nice action yesterday could get some follow through however it is a chronic pop and flopper Do NOT chase it

07:21:11am07/07/15
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Roth Capital Initiates Coverage on Biotie Therapies at Buy, Announces $26.00 PT 
OLD NEWS
4:13 am Biotie Therapies discloses OrbiMed group has raised its stake in company, now controlling 11.5% of total shares (BITI) : Biotie Therapies has received a notification from Samuel Isaly on behalf of himself and OrbiMed Advisors, OrbiMed Capital and OrbiMed Private Investments that the total number of Biotie shares owned directly or through financial instruments by Samuel Isaly and entities under his control was 11.54% of Biotie's total number of shares and voting rights on November 26 2015.
Super Thin Could worth keeping an eye on Look for some volume 



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