"Know what you own, and know why you own it." - Peter Lynch
Always do your homework before making a decision. Re-evaluate your portfolio regularly. Make sure the thesis still makes sense and if it doesn't > make the necessary changes and move on.
Good morning
Equities are basically flat in pre-market with the dollar and oil up just a tad and gold slightly lower. Crypto currencies continue to get slammed and are testing recent lows. We have four economic data reports due out at 8:30 a.m. ET.Jobless claims , February import prices, Empire State Manufacturing Index data as well as the March Philadelphia Fed Index data. These could set the tone for the markets today. We have a few retailers that have reported better than expected numbers and could give the sector a little boost today. WSM TLRD SHLD SMRT
Todays Join Me Link https://join.me/618-838-640
Thursday's economic calendar (03/15/2018)
8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
8:30 Empire State Mfg Survey
8:30 Import/Export Prices
9:45 Bloomberg Consumer Comfort Index
10:00 NAHB Housing Market Index
10:30 EIA Natural Gas Inventory
4:00 PM Treasury International Capital
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
- XNET nice looking daily gapping off earnings small 30 million share float potential day trade or swing opp with volume watch 12.50 13 level for potential red to green
- XTNT potential day trade opp on very tiny 1.1 million share floater looking for red to green move DO NOT CHASE make sure you have volume for liquidity
- TLRD earnings beat potential day trade small float gapping small 28 million float watch 50 day SMA for potential bounce play
- DDD nice set up on the daily gapping off earnings 108 million in the float watch the 200 day sma for support or resistance recent insider buys in the 9 and change range
- YTEN potential red to green play along with RKDA both highly speculative short squeeze plays day trade play size appropriate
- PTI earnings gapper potential day trade do not chase look for intra day setup with volume see if 8 holds for a bounce
- ABUS earnings testing 6 roll no volume 35 million floater nice looking daily 6.50 could act as resistance
- TPIV 9.8 million floater phase one data and webinar today gapping off pr could stand to raise cash soon do not chase potential day trade
- OVID gapping into resistance 12 million floater potential day trade with intra day setup fast track designation potential red to green watch 9.50 area a support area for bounce
- RUBI potential day trade or higher risk swing 44 million float caught an upgrade after earnings and cost reductions gapping over 2 see if we get a pull to the 2 area and bounce
March 15 Pro Pre Market Prep 2018 from Alpha Wolf Trading on Vimeo.
