Pleased with my trading yesterday, finished the day green and DID NOT overtrade. There was pretty much jack shit to trade with volume yesterday and I fought hard to not enter random boredom trades. I often don’t win that battle of discipline but I did yesterday.
Ideally there is more action today, everything I scan for that looks halfway interesting has crap for volume. I like these charts on watch, but they need to wake up.
Today’s List: Full list from Yahoo Finance
UQM Technologies Inc. (UQM) -NYSE MKT
Appears to be a huge contract win, and relatively low float. I’ll be looking to get long.
Weight Watchers International, Inc. (WTW) -NYSE
This was the main stock I almost shorted about 100 times, decent little pull late day, but never really panned out so glad I stayed away. The trend is still up, but the volume and hype is fading, ideally a squeeze to get short into.
Target: High $16’s
Hawaiian Holdings Inc. (HA) -NasdaqGS
Very “real” stock but it is for sure way overextended. Thanks to @cuzmane for pointing this one out. Watching for a morning run and then a HOD reject type afternoon fade.
Vital Therapies, Inc. (VTL) -NasdaqGS
This looks ready to crack, ideally a week open and then lose its shit.