Good morning
Markets are basically flat in premarket action. The Fed meeting starts today as we await earnings from Apple after the close. We have plenty of stocks that could set up for decent trades today. Don't chase anything and make sure you have a good risk reward.
Health care stocks look very compelling and I think its a sector you want to keep a close eye on. Lets see if oil can give us a bounce today. Gold and the miners could also get a bounce if we get a pull in the markets.
Best of success.
- CHGG earnings beat ran into this report flirting with 10 premarket caught an upgrade this morning do not chase look for intraday setup for day trade or potentially a pull to support for a swing small float 26 percent short interest 8.40 area lots of potential support there for swing entry
- THC earnings beat and better than expected full year guidance could get some follow through full disclose I already have a long term hold in this bane and could look to add on a pull back into the 14.50 -15 range selling off some acute care hospitals
- CYH also reported earnings and announced sale of 2 hospitals good looking daily potential swing or day trade 25 percent short interest gap that could fill on the daily to 7.30 or so flirting with the 200 day potential 9 test and roll
- AMD could be potential bounce play after earnings swing thick stock gapping down off earnings but guidance for next QTR was solid
- CORT earnings beat flirting with 10 test and roll day trade only off intraday setup HAS A MIXED SHELF out here
- EXEL earnings beat great looking daily could be a day trade or lotto swing play
- AMRC earnings guidance miss current QTR could give an opp to get in for a swing like the daily and the sector
- TNXP patent news potential day trade only
- BDSI gapper off approval testing a 2 roll on good volume premarket small floater do not chase look for a decent intraday setup they need cash and it can be a pop and flopper
- HLTH earnings dominant downtrend daily small floater could set up for day trade or swing lots of resistance overhead though
- AMRS and NXTD pr for both potential day trades only off intraday setups
- OREX pr potential day trade opp
- MCO gapper off new contract do not chase look for intraday setup
- AMRC earnings could be a swing on a pull to support or a day trade opp I like the sector and the daily setup
- FOLD pr potential 8 test and roll day trade
- YTRA could be a higher risk low float swing opp insiders bought in 9.85 range sector is hot lately some high profile Gurus on it like Superman, extremely thin float do not chase and do not go in with too much size
May 2nd 2017 Pro Pre market Perp from Alpha Wolf Trading on Vimeo.
