DISCLAIMER: I AM NOT CERTIFIED TO GIVE ANY TRADE RECOMMENDATIONS THEREFORE EVERYTHING I WRITE ABOUT IS NOT REAL AND IS NOT A BUY OR SELL RECOMMENDATION
STOCKS: (Will take old stocks off on the 1st and 15th of the month)
B=Buy
T=Target
4/6
$CPST - Industrial goods B near 50 ma T1 85 T2 1.00 Looks like some accumulation here
4/4
$TNDM Nice volume lately. B 1.25 T1 1.85 Big insider purchase.
$ATEC - biotech 2.21 cash per share but I think it can hit 2.9 B 2.30 T 2.90
4/3
$DRRX - biotech
I like the chart here with some good volume. Only has .18 cents a share but was upgraded to 3.00 by Hc wainwright and had some funds buying around 1.15 level.
B . 98 T1 1.15 T2 1.30
$GALT - biotech (took trade at 2.15)
Good chart that is holding the 20 SMA well. I expect this to head to 3. B 2.15 T1 2.95. Stop under the 20 sma or near 2.00. HC wainwright buy 3.50 from .60. Readout for trial of a drug could be any day though.
3/29
$CAPR Bullish chart with volume. B- 3.25 - 3.30 T1 4 and T2 4.40 (Took at 3.25)
$BPMX Nice chart with volume. I like at around the .50 mark T1 .60 T2 near .75 Could hit 1.00 if it gets going. (Took trade at .50) stop near .45
3/28/17
$RT B 2.56 T1 2.90 T2 3.45 Lot of recent insider buying. (did not take trade)
3/27/17
$NEON B 1.53 T1 1.80 T2 1.95 (Took trade at 1.53)
Nice touchscreen product, works with macbook air and other laptops.
3/22/17
$OVAS B 1.62 T1 1.80 T2 2.05 (no entry)
$NSPR B1.02 T1 1.20 T2 1.38 (stopped out)
3/21/17
$FHCO I like this one if you can enter near 1.00 T1 1.22
$MBRX B 1.12 T1 1.50 T2 100 MA or 2.00 I like this one to fill the gap maybe push towards 2.00 offering at 1.36 (worked)
3/20/17
$AMDA B .40-.42 T 100ma or .55
$HEB B .52-.53 T1 .65 recent insider buying and volume coming in. Has some good PR
$PSDV Consolidating well and it holding 1.65 B 1.66 T1 100 SMA T2 2.00 tight stop positive PR with presentation 5/8
3/16/2017
$GEVO I like it here on a fade in the morning to 1 dollar. Nice volume. T1 1.15 T2 1.30 (T1 worked)
$WILN Holding 50MA well and cup and handle on daily (worked)
B 1.78 T1 1.95 SL below 50 MA T2 is 2.10
$ADHD swing B - 1.20 T 100 SMA Nice wedge pattern break PR seems positive Consolidating well Confluence? (looking weak)
S&P 500 E-MINI FUTURES:
Current contract: ESM7
MY LAST WATCHLIST:
2348 is the point we need to hold to stay bullish. I don’t think we will hold and will look to push down toward 2340. If we can hold here and make a double bottom I may look to by a buyer. Another good short would be to sell 2255 on resistance. 2352 is 38% retracement level.
RECAP OF LAST WATCHLIST:
Pushed up higher than I thought but did get that sell off back down today.
TODAY'S WATCHLIST:
Volatility has definitely increased and we are holding 2338 level very well. We may get a push higher here and I would look for 2365 to be a nice target for buyers. Will look to buy around 2348 for a push toward 2360 and may look to go short around 2365 area if I see failure to hold this level. Remember non farm payroll is today at 8:30 am.
NEWS TO WATCH:
|
April 7 |
Consumer Credit - G.19 |
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April 18 |
Industrial Production and Capacity Utilization - G.17 |
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April 19 |
Beige Book |
Crude Oil futures
Current contract: CLK16 (March)
MY LAST WATCHLIST:
Momentum is up and we held the pullback of 50.80 which shows strength. If we can push past 51.50 I think we will scale towards 52 or higher. This may be another good short on failure but I would need some confirmation first as we are seeing strength. Downside target is 50 and upside target is 52.50
RECAP OF LAST WATCHLIST:
Upside target was hit and we are now sitting near 52.20.
TODAY'S WATCHLIST:
I will look for buying opps under 52 (51.60 – 51.75) If we fall below 51.50 we could even see some selling back down to 51.
NEWS TO WATCH:
None
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