Good morning
We are seeing some follow through of yesterdays weakness as equities are slightly lower in pre market. Gold and oil are also slightly lower at the moment with the dollar up slightly. We have last months Fed minutes coming out later today and that could play a role as to which way equities wind up closing for the day. The new Fed Chair will be giving his semi annual testimony on the economy next week and todays statement will likely set the tone on inflation and interest rates moving forward.
- LPSN earnings gapper moved into earnings be careful could be a day trade red to green type move getting extended small floater
- ANY gapper of pr of sale of division to CEO tends to be a pop and flopper could be a scalp opp there day trade
- ANTH gapper off PT raise to 10 offering behind them Phase 3 stage bio worth watching popped and faded all day testerday do not chase 1.89 big resistance on the daily
- QUOT like the daily may need more time to consolidate @ the 200 day got an upgrade with 16 PT 12 could be ideal entry for a swing
- QES recent IPO flirting with 10 test and roll need to watch this one on the hourly chart could be a red to green play need volume
- ZYME potential bounce spot super thin need volume and liquidity for day trade opp
- COGT full disclosure I already have a position looking to add on pull to 2.50 could get a pop off pr this morning
- NEO could be at a support area 7 has acted as support if it fails could see a pull to 6 reported earnings potential day trade for a bounce
- LGCY looking for potential red to green day trade opp or short term swing heading into earnings in early March
- CNDT earnings decent looking daily 15.50 could be a decent entry for potential swing break over 16 with volume could be a day trade opp
- AYTU gapping off pr super thin one do not chase just registered an offering on Feb 15th potential scalp play
Feb 21 2018 Pro Pre market Prep 3 from Alpha Wolf Trading on Vimeo.
