Hellloooo my friends hope you are doing well and hope you had a nice green and productive day yesterday like me. What a start to the week with a couple really nice trades. All of my trades were green at one point, in the end HZNP screwed me for a 100% green day. HZNP one of the trades that I caught the rebound on but it stopped out the rest and continued to fade, there was just sellers coming in all day and it seemed very heavy throughout the trading session. It will in my opinion nice rebound day soon but we will see. NWL grinded the first hour and a half I got in really small size and had a pretty decent trade on like 300-400 shares so I am happy. GIMO wow what a nice range and grind also a similar trade small size very decent profits. Thats the thing about these bigger priced stocks , make your plan and start in small if it goes against you just let it go or set a hard stop, but if it goes in your favor set your realistic PT an leave the trade alone, give it room to breath and it will work in your favor if you do your homework. Last one is TWLO that I shorted and had some really small size left and it worked out perfectly in the morning but later on grinded with the rest of my size an almost stopped me out, it had a really surprising rebound- I am still short some very small size and will look for a hold under that crucial 24-24.20 area for re-adds. Now lets follow up with a new day full of chances. 

STOCKS

CLNT- on of m favorite low float runners - they put out a PR that an investment group acquired all of the shares from the current CEO at a price of 2.33 per share and bought 416.000 shares. Now the shares left in the float are roughly under a mill and the total float is that plus the 416k so today can be interesting. Now the price that the shares were acquired is small but if this gets going it can be a monster. PM base at 4.5-4.3 so thats where I would look for price to hold if later or after the wash it can get going. I would love to see a really small wash to that price to get in about 4.3 and risk about 30 cents for a potential dollar or more. This can even go parabolic but thats just in case some crazy rotation gets going and trapping shorts and squeezing them. Ideally small wash to 4.3-4.4 and rebound for a nice trade. Not interested in shorts unless para backside. PT PM highs

VRX - Valeant is a crazy company and a fantastic provider of range and volume for the last who knows how long. I have traded it many times and it is a very friendly and thankful stock to trade. It posted earnings that beat avg analyst expectations in EPS and just missed in total revenue which is less relevant. Its gaping up big and I think it will run today. This company has had some crazy swing days and in my experience when it gains momentum it keeps it. So will look for a morning  wash to the 11s or the 10.60s for a nice and long - long :) it can be a big day for them today if they get going. Would love to see of that resistance at 12 which is the PT.

ODP - Office depot a big company with half a billion float beat earnings expectations on cost cuts and is expecting for earnings to still drop but just slower. Now this is a tight range stock with a big float. This cant hold this much of a gap even with earnings beat on such weak guidance, I would love this to go as far as it can in PM trading so I can find a place to short when it stuffs after open. Ideal entry at PM highs around 6 for a nice little upside wick on the daily. I doubt this can hold this much of a gain. If it gets going in open I will wait for backside confirmation for a short .

HTZ - Misses big on earnings and I want just one and one play only a morning covering spike into the 13 for a nice short. Very simple and easy risk about 25-30 cents for a potential dollar if not more. If the 12 cracks this can end up who knows where. 

Looking for more downside on TWLO if the 24.20 holds, GIMO potential continuation for further upside and HZNP maybe for a bounce back at least in the morning. 

ECONOMIC CALENDAR 

• Neel Kashkari Speaks  9:00 AM ET
• JOLTS 10:00 AM ET
• Wholesale Trade 10:00 AM ET
• 4-Week Bill Auction 11:30 AM ET
• Eric Rosengren Speaks 1:00 PM ET
• 3-Yr Note Auction 1:00 PM ET
• Robert Kaplan Speaks

/CL Tried spiking after a perfect day on the daily to get some momentum going and already on the second day it created a big ass doji that in my opinion signals another shift in short term trend and points to testing the lows once again. The sweet spot in my opinion for a short is 46.6-46.8 area where you can get very nice r/r for a short. Risk just about over the 47 swing high and have a potential of a 44 test in the next day or two if it cracks. I dont like what they are doing to crude but when its happening lets try and take advantage of it to create some profits :)  Would love to see a test of that above said level and a nice rejection for a wave of new sellers to jump in and do their job LOL

Tade safe guys and have a great day and lets keep the green days rolling.