Today’s Watchlist
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.
Today’s List: Full list from Yahoo Finance
Valmie Resources, Inc. (VMRI) -OTC BB
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.
