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April 20 2017 Pro Pre market Prep


Good morning The markets are flashing a little bit of green this morning. Oil could get a bounce after yesterdays steep drop. Steel and steel related names are also worth keeping an eye on with chatter of another executive order that..

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April 19th 2017 Pro Pre Market Prep


Good morning The disconnect between Gold and the gold miners continued yesterday as gold moved higher and the gold miner ETF's pulled back. We have gold pulling in premarket so keep an eye

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April 18 2017 Pro Pre market Prep


Yesterday we had some of those low float garbage stocks that had some pretty nice moves on a day where we had a very nice bounce in the markets. Those low floaters can give some pretty nice

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April 17 2017 Pro Pre market Prep


Good morning I hope you had a nice long relaxing weekend. The global tensions continue but the impact on the markets appear to be moderate as we head into this earnings filled week ahead. I am not seeing a whole lot this morning that has grabbed my attention. Not much has changed from my weekend view.

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April 13th 2017 Pro pre market prep


Good morning We end the trading week today as we head into a long weekend after what could be a defining moment for the markets. Bank earnings are going to kick off earnings season today and it could give us a hint of who will take control of the markets in the short term. The bulls and the bears have lacked real conviction which has kept the markets in a limbo..

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April 12th 2017 Pro Pre market Prep


Good morning Markets were flat in premarket now we are seeing a little weakness as we approach the open. We had an unexpected draw down in oil inventories after the close according to the API report lets see if the petroleum status report confirms that report which come out today 7:30 ET. Oil and related names could be in play if we get confirmation of a larger than expected draw down. Gold is getting some follow through this morning and that could lead to the junior miner ETF's playing catch up.

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April 11 2017 Pro pre market Prep


Good morning, I did not start the day or the week, for that matter, on a very good note but that was yesterday and today is a whole new day. That is part of the life as a trader and something you have to be prepared for mentally. I just try to learn from my mistakes and keep moving forward.

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April 10 Pro pre market Prep


Good morning Markets are basically flat this morning with the dollar showing a little strength while gold is pulling back just a tad. TXMD just came out with a delay from the FDA which is a current position that I took a swing in. I have taken 500 shares off the table sold the shares @ 6 in the short term swing account taking a hit of $1000 loss. Its not the ideal way to start the day or the week but ....

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April 6th 2017 Pro pre market Prep


Good morning The tides could be changing in favor of the bears however many have been fooled over the last 8 years when they have tried to get overly aggressive at the first sign of potential weakness in the markets. There are plenty of ways to play the market short without exposing yourself to margin

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April 5 2017 Pro Pre market Prep


Good morning Markets are flashing slightly green premarket as we head into the FOMC minutes @ 2 PM eastern time. Before we get the minutes we will have the petroleum status report @ 7:30 this morning along with the ISM,PMI, mortgage applications and the ADP employment report prior to that.

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