Good morning
Markets are showing a higher open across the board, the dollar is up slightly along with oil as gold is flashing slightly red. There is no fear out there at all. The VIX which is the fear gauge is at its lowest level in a decade and that in itself is a bit concerning just because of the overwhelming complacency. Earnings continue to impress though and technically we have some great looking setups among indexes and sectors.
Be careful do not chase and always have a plan.
- MEET pulling off earnings to 200 day could get a bounce there day trade or swing on a pull to support
- NVMI gapper off earnings potential swing on a pull back to 19.50 or so 22 is all time highs
- VRX ENDP ARLZ all reported earnings and worth watching for day trade opp or potential swing
- CLNT Gapper chronic pop and flopper do not chase be careful with this one pr of 29.4 percent stake acquired
- ARRY PR of Merk collaboration potential 7 test and roll day trade only
- CAMT Earnings gapper like the daily pull to 4 for potential support and bounce could be a day trade or swing
- USAT Earnings potential 5 roll
- DRRX watching for potential red to green day trade and lotto swing potential
- AVDl Earnings bounce off support nice balance sheet raised guidance potential day trade or swing
- SYNL Earnings recent insider buys in the 12-12.50 area potential day trade or swing possible 13 roll
May 9th 2017 Pro Pre market Prep from Alpha Wolf Trading on Vimeo.
