Good morning
Markets appear to be holding the recent gains as we await an announcement on a "MASSIVE" "HUUUUGGGGE" tax proposal. It would not be a shocker if the market were to take a pause if the tax plan is perceived as not likely to get through congress. That being said there are some good story stocks and sectors out there to keep an eye on. Casinos are likely to be in play after WYNN earnings and a nice beat. IRBT gapping to all time highs also off earnings. TWTR gapping off earnings lets see if it can hold the gains through the conference call and guidance.
We get the petroleum status report today if there is a surprise draw we could get a boost in oil and energy names.
Be patient and wait for your setup do not chase. We will see how today plays out but a pause or pull would not be a big shocker.
Other stocks on the radar this morning are...
1. MRCY potential investment or day trade thinner stock earnings beat and raise. If it pulls to support potential starter long term hold
2. IDRA like the daily upgrade could be a day trade or riskier swing so play it size appropriate recent insider buys in this area
3. PENN right sector beautiful daily chart may be waiting on earnings
4. AKBA gapping off good pr look for a pull to support thin stock potential day trade opp Shocker Adam F actually had something good to say about the company
5. MNOV lil gapper off pr can be a pop and flopper potential day trade low floater do not chase
6. DDD pr earnings next week potential day trade only
7. BLDP like this for potential day trade over 3 roll or a swing on a pull to support
8. CMG earnings beat small floater gapping but pulled a bit after disclosing a data breach could be a good swing or day trade off support
9. APRI upgrade with 4 PT potnetial day trade only
10. VRX PR potential day trade thick stock do not chase
11. ZIXI lil gapper off earnings beat potential day trade or long term hold if it were to pull to 5 support
12. HDSN potential day trade on a red to green move
Best of Success
April 26th Pro Premarket Prep from Alpha Wolf Trading on Vimeo.
