Solid day yesterday, nothing too exciting today except EYES, but with upcoming Vice episode I’m in no hurry to short the front side.
Today’s List: Full list from Yahoo Finance
Second Sight Medical Products, Inc. (EYES)
Nate at Investorslive is way better than me at laying this out see below:
EYES nice action today – crowded all day means two things or maybe three 1.) stay away from short 2.) consider dip opps if trend holds for a higher squeeze and 3.) if you ARE shorting make sure its into a parabolic push/stuff move and not into weakness. Ideally $7-7.20 or higher maybe even $7.50 I’d have orders out into parabolic as this one likes to spread out but take not of the volume here vs. last run – major vol here – don’t step in front too hard.
Groupon, Inc. (GRPN) -NasdaqGS
Keeps hanging around, which probably means its not a short, but will watch for a para type move. No grinding.
Freeport-McMoRan Inc. (FCX) -NYSE
So tired of fighting this, just wish it would die and go off my scans.
Momo Inc. (MOMO) -NasdaqGS
Seems early, let it squeeze and run.