"If you cannot control your emotions, you cannot control your money." Warren Buffet
Good morning
Equities are up slightly in premarket. Details of the proposed steel tariffs indicated that Mexico and Canada could be excluded and the markets rallied when those details were released yesterday. We should have the final details of the tariff either today or tomorrow.
I am impressed with the way the markets held up after the Cohn resignation and if the tariffs turn out to be more bark than bite the markets could continue to show strength.
Today's Economic Calendar
Chain Store Sales
7:30 Challenger Job-Cut Report
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:00 Quarterly Services Report
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
- TEUM pr could get a 3 test and roll day trade opp already had a nice run
- CZR gapper off earnings looking for a potential entry for long term hold account
- PIXY potential red to green day trade opp
- INSG earnings could get some action needs to take out 2.25 with conviction full disclosure I am still in this
- EYES earnings gapper already had a nice move into earnings do not chase tends to pop and flop
- RCII gapper off pr potential day trade opp with volume indicated they have received several inquiries for buy out
- OSTK Would like it on a pull to 55 area for swing or LT hold starter
- LAC potential bounce area lithium play could be a swing of LT hold play
- UTSI pr Earnings tomorrow daily looks nice would not hold into earnings
- JNP hot daily reporting earnings this morning could be a day trade opp look for red to green
- RWLK earnings and new 20 mil JV influx of capital priced shares @ 1.25 do not chase potential day trade EKSO can move in sympathy
- NSPR gapper low floater recent reverse split do not chase potential day trade opp with setup and volume
March 8th 2018 Pro Pre market Prep from Alpha Wolf Trading on Vimeo.
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