Goooooood morning everyone:
Lots of selloffs and rain of bad news from media to Wall Street, which is causing lots of selloff. Primarily most of the selloffs all this week was $FB which made most of its related stocks to drop as well. Momentum carries on in the stock market. Trade safe, cut loss quick enough to not regret it later. I’ve had to cut few of the stocks I was holding this week. $ANY am out with a $800 loss, $OTIC out with a $350 loss. Bad week in trading for me with a total loss of $1200. I tend to hold back, study, and give myself a chance to observe my mistakes before trading again. Today and tomorrow am getting prepared of what could next week will bring. I will be watching for possible chart setups with good news and enough volume that could bring in the hype next week.
Here is iTwitsTrade watchlist:
- $ATOS (today announced that it has expanded its breast health program by launching a mens’ breast health initiative with enrollment opening in a Phase 1 study of its proprietary topical Endoxifen in men. Tamoxifen is an active metabolite of tamoxifen, an FDA approved drug for breast cancer in women.)
- $SNCR (today announced that it has renewed its existing agreement with Verizon to power Verizon’s Cloud solution for its wireless customers for an additional five years. Synchronoss’ Personal Cloud Platform and solutions will continue to provide Verizon customers with simple, secure access to all personal content, including photos, videos, messages and more, from any device.)
- $TTNP (Titan Executes Agreement For Acquisition By Molteni Of Probuphine® In Europe And Other Select Territories)
- $VERU (FDA Grants Fee Waiver for Tamsulosin DRS New Drug Application)
- $ENRJ Watch for a possible swing trade tonight 3/20/18 for a possible gap up above $0.50 and its next leg up. 4 million in float.
- $AKER great squeeze on the 13ema and 200 day MA. Only real RES line is the 50 day MA on WEEKLY chart which is at $0.88.
- $TROV break of $0.47 old HIGH, has room to run to the 200 day MA of $0.66.
Today’s Market Briefing by CNBC:
U.S. stock futures were lower this morning, after a late-day sell-off Wednesday erased earlier gains. Both the S&P 500 and Nasdaq have fallen in six of the past eight sessions, and the major averages are all on pace for a third losing week in the past four. (CNBC)The sell-off Wednesday came after investors interpreted comments from the Fed and chairman Jerome Powell as more bullish but more hawkish as well. The Fed raised rates for the sixth time since the policymaking FOMC began raising rates off near-zero in December 2015. (CNBC)
Today’s Pre-market Gappers:
Today’s Pre-market News Scan:
Yesterday’s Overall Market:
Yesterday’s Top Gainer and loser:
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