Good morning
Equities are up slightly in pre market while gold and oil are pulling and the dollar continues to show some continued strength. There is no need to chase anything in this market make sure you have a plan for every trade.
Today's Economic Calendar
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
11:00 EIA Petroleum Inventories
11:00 Kansas City Fed Mfg Survey
1:00 PM Results of $29B, 7-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Feb 22 2018 Pro Pre market Prep from Alpha Wolf Trading on Vimeo.
- MESO pr potential bounce spot on daily they likely need to raise cash soon day trade only
- HMNY upgrade 15 PT big short interest could be a day trade opp Lots of dilution recently
- SGMO pr big spot to get through on the monthly
- IRDM earnings blue sky flirting with 13 roll small float big short interest potential day trade or swing with entry close to 12 or lower
- CHK thick stock potential swing or long term hold play with an entry close to 2 ideally Earnings looked decent insider buys much higher price
- CCLP lil gapper not seeing any news small floater potential day trade with volume
- DNR Soro's increased position to 7 million shares earnings looked decent potential swing with entry 1.75- 2 area
- P potential swing or long term hold play ideal entry as close to 4 as possible but could also be a day trade opp with volume potential flat top breakout
- CVRS potential swing or day trade opp with entry .80-1.00 insider buy@ .81
