Today’s Plan:
Way to many tickers on watch, I need to whittle these down. All short watches. Considering I have not even checked pre market movers, this list will end up being heavily modified when I turn it into a plan before the open.
Today’s List: Full list from Yahoo Finance
Today’s Plan:
Took last week off to get caught up on a bunch of construction projects. I could have still traded, but it was also the kids first week off of school. So instead of trying to battle trades in beautiful weather I spent all my free time doing fun stuff with the family.
For sure not in love with this list, nothing in it says “must trade” and at this point I’m thinking my plan will change quite a bit going into the open based on what happens pre market.
FYI, not sure if the handful readers of my blog notice, but the link I post everyday with a full list of tickers linked to Yahoo finance is pretty handy. Quick way to see all the news for the tickers on watch.
Today’s List: Full list from Yahoo Finance
NuGene International, Inc. (NUGN) -OTC BB
Textbook “pumpish” type chart where it just quietly edges up and up every day. These types are often great to scale into with a swing. Though that’s not my style, hopefully it goes para at some point.
Target: Para type move, ie much bigger candle than recent.
One Horizon Group, Inc. (OHGI) -NasdaqCM
Popped, dropped, now grinding back, not my favorite, will watch moves towards $4.50
Target: $4.50
MannKind Corp. (MNKD) -NasdaqGM
Wow had no idea this had pushed over $6, I thought it was a good short at $5.. This is my main watch for the day, but will look for it to ideally run today and put in a top to fade.
Target: Obviously higher the better, $6.50-$6.75 maybe??
Galena Biopharma, Inc. (GALE) -NasdaqCM
Choppy chart, broke through resistance from this spring, very MEH for me, only trading if it gets crazy.
Target: Big moves, maybe on $3.
Oculus Innovative Sciences, Inc. (OCLS) -NasdaqCM
Very similar comments to GALE, just reread those…
Target: Spikes to previous highs, high $1.50’s-$1.60’s
Today’s Plan:
Annoying day yesterday, basically EVERY stock hit my targets and had I traded them better would have been easy nails. I really feel confident in my ability to build solid plans, where I currently struggle is having the conviction to execute those plans, and then have the conviction to let them work out.
Today’s List: Full list from Yahoo Finance
ONTY – Target: $3.50
GBSN – Will only draw interest if it gets crazy, $4-$5 etc
EOX – Major fuckup not trading this pre market yesterday…. Doubt I’ll get the chase but I’ll watch this for short squeeze type action to get an entry.
CBLI – Traded this with no conviction, ended up flat, had I stuck to the plan and waited, could have made 0.30+ per share. Target: $3.40-$3.50
MNKD – Stayed away from this yesterday, (good non trade) Target: $5.50
OHGI – Target: $2.70
BIOC – Target: $3.60
Today’s Plan:
Interesting day yesterday, I lost money, but I traded well IMHO. Sure the wise man in me says I should have just left $PBMD alone till later in the day. Then at that point there would have been no temptation to short it.
But mid morning it was a juicy setup for sure. As you see below, I waited for my entries, none of them were rushed. And in hindsight I shorted basically the only two weak points it showed all morning. Then covered as soon as it didn’t work. I did not get stubborn and did not add.
But that being said I’m a little rattled mentally, I think more because of reading all the tweets from a lot of guys that I greatly respect. I’m going to REALLY be patient this morning and just watch/plan/think. If I make a trade today it will only be a late day fade/crack style setup.
Today’s List: Full list from Yahoo Finance
Prima Biomed Ltd. (PBMD) -NasdaqGM
Let it do its thing, may be at $10 may be at $2, but while I’m interested its on ignore till after noon.
Target: Late day reassess
IsoRay, Inc. (ISR) -NYSE MKT
Same plan as PBMD, I’m short biased but not in the morning.
MagneGas Corporation (MNGA) -NasdaqCM
They keep pumping out PR’s hoping this gets crazy but waiting for topping.
Target: $1.75
BSQUARE Corp. (BSQR) -NasdaqGM
Hoping for one more push then a fade off.
Target: $6.50
Oncothyreon Inc (ONTY) -NasdaqGS
Shorting any pops, even small ones.
Target: $2.50
AirMedia Group Inc. (AMCN) -NasdaqGS
Traded this ok yesterday, covered into a small crack because of watching PBMD, thought it was poor at the time, but this ended up grinding all the way back.
Target: $6.20
MannKind Corp. (MNKD) -NasdaqGM
Been fighting this here and there all week, it seems to be holding this $4.70 level, if it can spike to $5+ I’m interested.
Target: $5
OPK
My top potential short, will be watching closely for a pop to get started into.
OAS
Great fader yesterday, I’m not crazy about oil plays, they always seem to jerk back the opposite way you are thinking. But I like the chart.
GENE
Trying to be patient, really think I’m gonna end up missing the big op on this. But everyone is short, so I’m trying to wait for a squeeze to start into.
MNKD
Lot like GENE, and I think they have earnings or data on Friday, will watch for pops, but ideally just keeping it on the list for next week after the announcement. This thing fails every time, but is a known squeezer.
QTWW
Not in love with this, but if it gets a parabolic move I’d take a position short.
CGA
Another kind of meh setup, but I’ll keep it on radar.
