Good Morning to you all people:
Happy Green Tuesday! Yesterday the market had its nice bounce closing in a solid green with possible continuation because market loves follow-up momentum (good/bad) it does carry on the next day. That being said, I didn’t notice anything major other than $INNT which I avoided due to its high risk. I have few rules trading intraday runners, and this had to be avoided.
Buying low and selling high, is still the way of making real profits in a safe way. Avoid scam, pumps, and chatrooms alerts is the only way to make consistent profit.
Looking forward to today’s trading session and look for possible potential swing trades that have great setups to go long. Nonetheless, few stocks that are on my watchlist are due for its earnings, which I will be waiting for its earnings to be released first. I never swing stocks on earrings and its best to go long after it gives its updates first.
Today’s iTwitsTrades Watchlist:
- $CLBS (Caladrius Biosciences Acquires an Exclusive License to a Late Stage CD34+ Cell Therapy Program for the Treatment of Refractory Angina)
- $EYES (Second Sight Announces Latest Expansion of Medicare Coverage for Argus II Retinal Prosthesis System)
- $HPE (Giant Tiger Streamlines Operations and Automates Inventory Processes With an Aruba Mobile First Network)
- $TIVO (Sharp and TiVo Extend Interactive Program Guide Deal to Power Content Discovery Across Entertainment Devices)
- $ORPN Trying to have its next big breakout as its a formal runner w/ recent high and touch of 6. On high watch as this is a low float 1M in float that could bring in the hype. Buying at these levels is best entry, break of 3 for a very fast trade. Support @2.65 resists @3.09 EPS on 3/8
- $YTEN Very Bullish looking daily chart. The 50 SMA @1.75 act of resist trying to break. Vol/news could get that stock breakout and run to 2.55 next major resist. 1M in float, it will be quick. EPS on 3/8
- $CLSN Strong close into the bell on Monday. Looking for continuation as this stock has room to run to its next resist @3.10 which is also natural and mental area of selloffs.
- Keeping an eye on also: $FORD $CYCC and $TRVG See blog for details.
Market Briefing CNBC:
U.S. stock futures were stronger this morning after the Dow on Monday broke its four-session losing streak. Boeing (BA), Goldman Sachs (GS) and Caterpillar (CAT) were the big Dow stock winners. The S&P 500 and Nasdaq both logged their second straight day of gains. (CNBC)
Futures got even stronger after South Korea reported that North Korea said there’s no need to keep its nuclear program as long as there’s no military threat against it. South Korea also said that Pyongyang is open to talking with the U.S. regarding denuclearization and normalizing ties. (Reuters)
Today’s Pre-Market Gappers:
Today’s Pre-Market PR News:
Yesterday’s Overall Market:
Yesterday’s Top Gainers and Losers:
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