Good morning
The French elections had the outcome that Wall street had hoped for and while we did have another event linked to North Korea it doesn't appear as though we need to panic. The markets are basically flat to slightly down on the open. Gold and silver are getting a little gap open this morning. Do not chase the gap lets see how things settle after the open.
We have several small bios with news this morning so keep an eye on the sector for some potential day trade opportunities. The specialty generic space continues to be under pressure as HZNP disappoints on earnings and does an acquisition so my hope that maybe they would give a lift to the sector does not look like its going to pan out.
The semiconductor space could get a lift after positive earnings reports from TSEM and ON.
I am glad we are not gapping up in the markets lets see if we can get some type of red to green open. Do not chase anything, have a plan for every trade and know your risk reward.
- DRRX gapper of good press release potential day trade opp could hold some lottos for swing after locking in some profit look for an intraday setup
- AXSM gapping off pr potential day trade opp look for support around 4 for a bounce small floater need volume
- OCUL pr potential 8 bounce off 200 day support day trade only
- HSGX gap to a 2 test already pulling back could set up for a day trade opp need some good volume do not chase
- YEXT recent IPO potential day trade or swing off upgrades 13 50 could be target entry
- MYOV potential bounce spot on the daily pr this morning do not chase very tiny floater only trade 15 k shares on Friday
- JD hot daily gapping off earnings more of a swing or long term hold taking out all time highs
- KTOS potential swing or long term hold entry on a pull to support
- MLCO pulling off an offering in premarket watching for a potential support area to add back to my lotto position in my long term hold account
May 8th-12th Alpha Wolf Trading Pro Pre market Prep from Alpha Wolf Trading on Vimeo.
This week we are running a promotion for the annual pro membership which includes chat room access, 10 hours of educational programming, stock trade plans for swing and long term holds and much more. For this week only we are lowering the price to 399.00 for the full annual membership. The sale will end next Saturday May 13th at midnight. https://t.co/4LA1qB2Fo6
