Good morning
There is a lot happening today. We have the Fed decision on rates and the meeting with Janet Yellen. We have the oil inventory status report along with CPI, retail sales, mortgage application, and business inventories. Days like today can be tricky. Financial,oil, gold, housing, consumer discretionary and retail sectors can all be impacted off of the news today. Often times we get a knee jerk reaction that is a head fake. Some traders choose to sit on the sidelines on days like today to see how things shake out. Keep an eye on the dollar and volatility today as well.
We now have a congressman that has been shot at baseball practice to add to things that can impact the market. Hopefully he will be okay prayers go out to him and his family.
Do not chase, have a plan, play size appropriate and know your risk reward.
- BLDP press release potential day trade or swing opportunity
- OTIV insider buy small potential day trade opp or higher risk swing
- KLDX tiny insider buys potential red to green continuation day trade
- BLFS super tiny potential scalp off pr off of news day trade only and has to have volume
- MBOT press release gapper can have big moves also can be a pop and flopper potential day trade or high risk swing
- BTX pr pop and flop in premarket potential flat top break out on the daily need cash day trade only
- SGYP filed 8 k dilution is coming and I plan to add when it happens to build out my full position
- MBVX gapper do not chase need cash potential day trade with intraday setup
- RDHL gapper and trend line break potential intraday day trade
- ZYNE potential day trade or high risk swing small float bounce off 200 day and trend line break
- P potential follow through continuation
- CAMT potential follow through continuation
June 14th 2017 Pro Premarket Prep from Alpha Wolf Trading on Vimeo.