Great day yesterday! Traded my plan across the board and was done by noon. Other than entering mid day even my loser was a solid trade. Feel like I’m reaching a little on some of these setups today. I also need to leave this afternoon. Two back to back good days so I will focus on letting things come to me. Plus trading a lot of tickers the last couple days I don’t like that habit. Going to really force myself to be selective today, especially since I’m not in love with anything.
Today’s List: Full list from Yahoo Finance
Pacific Biosciences of California, Inc. (PACB) -NasdaqGS
Gasp! Of course $PACB is on the list, I had the idea (credit @investorslive) to go long a couple days ago instead of fighting short. Never took it. I’m not going to be a hero on this short, highly doubt I trade it today, just watching for some crazy and I mean CRAZY move up. Otherwise solely on watch to keep an eye for backside.
Target: Huge move up, $9.00+
Republic Airways Holdings Inc. (RJET) -NasdaqGS
Not sure if I fully understand the news and how bad it is. I won’t chase but looking for pops to short.
Can-Fite BioPharma Ltd. (CANF) -NYSE MKT
Had this on “backburner” watch forever it seems, every time it spikes I have alerts go off, but never enter. Watching for more spikes.
Target: $5.00+ with stop on $5.50
SunEdison, Inc. (SUNE) -NYSE
If you have visited this blog anytime in the last two months, I’m pretty sure you know the plan on $SUNE.
Advaxis, Inc. (ADXS) -NasdaqCM
I’m probably a little too biased but thinking this is total short squeeze, it will give it all back, but there will be spikes in between now and then. I want no pain from it, so I will short “squeeze em out” pain moves.
Target: Not sure on a price, will be watching for a para type move, the kind of move we all capitulate on and cover in anger. This could grind all day then hit that move. Will only short a BIG candle.
Bonanza Creek Energy, Inc. (BCEI) -NYSE
Stone Energy Corp. (SGY) -NYSE
Shitty energy plays, tied to oil, both NYSE, meh. I’ll watch/trade these only if there is nothing else. Basically if oil eats shit, they will eat shit, if oil holds up, they will hold up. What do I know about the movement of oil? Hmm how about absolutely nothing….