Back with daily watchlists, will be back to consistency. Nothing amazing on watch, lots of similar setups, not looking to short any sideways charts. I’ll look for big pops or fades that ideally turn into late day cracks.
Lot of action in this lately, I have not traded it up till this point. Would like a pop to $1.50’s with risk on Friday’s high.
Emerge Energy Services LP (EMES) -NYSE
Never like trading commodities especially oil, but will consider shorting this if it gets above $12 or if it starts putting in lower highs and looks to fade.
Stone Energy Corp. (SGY) -NYSE
Again oil and gas.. Similar to EMES setup wise too, will watch pops or look to join a fade.
Ryerson Holding Corporation (RYI) -NYSE
Interesting chart, though a little too “real” for me. Will not join this grind, but setting an alert for a big rip to give exits to longs and start the fade.
TerraForm Power, Inc. (TERP) -NasdaqGS
Another play like a lot on watch, hoping for a big para or looking to join fade.
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.
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.
Target: $6.20-$6.30
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.
Target: $10.00
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….
