PROFIT OF $410 ON $CSIQ $ISIS $DDS

Happy Monday! Today $SPY reached a all time high in stock market history. It broke through the $185 mark and we are heading higher. There were a lot of different plays today but I focused on three stocks that I was familiar with. I did a trade recap for today, check it out for more info. You can also follow my YouTube channel … Click Here

WATCHLIST 7.12.13

S&P is on a rally and looks to continue the run tomorrow. There were a few movers today but overall a quite day.

Here is what I am watching for tomorrow.

 

1. $ISIS – Isis Pharmaceuticals

This stock has been on a rally, looking for a pullback tomorrow for a short play. FDA approved one of its drugs a few weeks ago hence the run up. Dont look for a major dip but some profit taking that could bring it back to the 30 or 31 area.

2. $PGNX – Progenics Pharmaceuticals

Stock broke out of flag for a run. Did not see any news but could run for a second day. Could dip in the morning, look for continuation pattern.

3. $CIEN – Ciena Corporation

Had positive news on company, broke out of its flag on the daily chart. could see day two for more run tomorrow. Or a small pullback.

 

EARNINGS PLAY

1. $WBS – Webster Financial Corp.

Earnings before market open

 

MISC PLAYS

$FLIR- Flir Systems

Stocks looks overbought on the daily. Earnings coming up on July 25th.

WATCHLIST 7.11.13

S&P closed green for the fifth day straight. Today seemed dull, not much action going on $SPX closed only 30 cents up. Not sure if market is slow due to the summer or Fed meeting coming up, maybe both….

Here is what I am watching for tomorrow.

 

1. $NEON – Neonode Inc.

Stock broke out on yesterday and today it soared. Looking for a pull back for a short. If they have a PR or positive news look for a continuation pattern for a run.

2. $MCP – MolyCorp Inc.

Big breakout today. Gained 16% almost a dollar. Did not see much of a pullback today, so for tomorrow it can conintue to go higher. I am looking for a short at the open, seems like traders may take profits early from today and if dip gets bought it can run higher.

3. $LITB – LightInTheBox Holdings

Had a PR yesterday after hours. Today it broke out almost 14% up a 1.86. Chinese stock, it could run for second day. Look for continuation pattern for a long. If it gaps down premarket then a short setup could work to.

4. $ISIS – Isis Pharmaceuticals

Stock broke out of its flag last week and has been on the up. Today went up 6% or 1.82. There is no resistance as the stock climbs higher. I am waiting for a pullback for a short. Possibly after the bell tomorrow.

5. $P – Pandora Media

Second day down. Sentiment is not looking too good for this stock. June metrics were also not good. If it continues , look for short entry tomorrow.

 

EARNINGS PLAY

1. $CERE – Ceres Inc

Earnings release after market close

 

MISC PLAYS

1. $MDRX – Allscripts Healthcare Solutions

a health care information technology company, jumped as much as 10% after the company announced better-than-expected preliminary second-quarter booking results.

2. $STML – Streamline Therapeutics

Did not see any news but shares are up

3. $NIHD – NII Holdings

Company is bringing Push to Talk feature to US. Its a Latin American stock

 

*Markets looks like its just lingering around. Hopefully things pick up as we head into earnings season.