Good morning
Markets are slightly green in Premarket with gold and oil also showing a little strength. We had a little pause yesterday in several sectors but the bulls are still firmly in control. Volatility tried to pick up yesterday but there was very little follow through since there is no real fear out there. When that changes is anyones guess but earnings season is still in effect and the chatter about tax reform and and roll backs of regulations are still feeding the markets the fuel it needs to keep melting its way up.
- SQ earnings beat in blue sky territory now could be a day trade or swing opp
- PULM nice looking daily could be a nice day trade opp with a bounce off price support and trendline break
- UCTT earnings gapper could be a day trade or swing opp depending on the price action
- PTX gapper off Ruling flirting with a 4 test don't chase look for intraday setup Day trade opp
- APPS already in this looking for a 1 dolla holla could also set up as a day trade earnings are behind it
- NAK day trade opp getting a snap back bounce of some pr last night do not chase and day trade only could get a 2 test and roll
- CBMX getting some action premarket off earnings flirting with a 5 test and roll potential day trade or swing depending on price action
- TRXC looking for a long term trendline break could be a day trade opp
- RTIX earnings really like the daily on this one could be a day trade or swing depending on price action
- TXMD like this one for a potential swing plenty of cash did an offering in the 8 and change range getting a little action premarket after earnings
- LB and SAM potential bounce plays day trades only off earnings disappointments DO NOT CHASE > HAVE A PLAN FOR EVERY TRADE and KNOW YOUR RISK REWARD!
Feb 23 2017 Pro Pre market Prep from Alpha Wolf Trading on Vimeo.
I wanted to share the interview I did with Investfeed last week.
I really enjoyed the interview and find the Investfeed service to be one of the best feeds out there. No trolls or spam just great content. Hope you enjoy the interview I look forward to doing another in the future.