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
4/16
$AMRS – Looks interesting here, but I would wait for a pull back toward .56-.59 before entering. T1 .78 T2 .93
$OPGN B 1.13 T1 1.40 T2 1.85-2
To present antibiotic resistance data 5 posters between April 22-25th. May see a run here.
4/6
$CPST - Industrial goods B near 50 ma T1 85 T2 1.00 Looks like some accumulation here (long at .76 Target 1 not quite hit)
4/4
$TNDM Nice volume lately. B 1.25 T1 1.85 Big insider purchase. (Long at 1.25 stop under 1)
$ATEC - biotech 2.21 cash per share but I think it can hit 2.9 B 2.30 T 2.90 (long with stop under 2.05)
4/3
$DRRX – biotech (long w stop under .90)
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) (both targets hit)
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.
S&P 500 E-MINI FUTURES:
Current contract: ESM7
MY LAST WATCHLIST:
If we can hold above 2345 I expect to rotate toward 2354 which I think will be a nice shorting area. I will look to buy near 2335 area if we get it for a push toward 2344.
RECAP OF LAST WATCHLIST:
We fell back towards 2333 area once again before finding buyers. Hypo 2 was right but it did not play out until afterhours.
TODAY'S WATCHLIST:
Today I will look for shorting opps near 2345 with a T1 of 2337 and T2 of 2333. If we push down toward 2330 I may look for buying opps.
NEWS TO WATCH:
FOMC 5/2 and 5/3
NON FARM PAYROLL 5/5
Crude Oil futures
Current contract: CLK16 (March)
MY LAST WATCHLIST:
I expect us to rotate towards 52 -52.30 today before finding our buyers. If we can hold 52- 52.30 I think we rotate to 53.50 or higher.
RECAP OF LAST WATCHLIST:
We did rotate towards 52 and much lower. Hypo one worked well and we hit a low of 50.50.
TODAY'S WATCHLIST:
Nasty selloff yday and I will look for more selling around 51.50-51.80. Target is near 50.80 level. Not a whole lot to do but wait and see what happens.
NEWS TO WATCH:
None
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