Background Image

Blog

Jan 27 2017 Free Friday Premarket Prep



*Good morning everyone
We had a mixed bag of earnings from some high profile tech companies after the close yesterday. We are looking at a flat to slightly higher open in the Dow and NASDAQ. Gold pulled back a bit yesterday taking the miners with it. Oil remains in consolidation mode but overall the markets still look like the bulls are in control. We get GDP numbers before the open and that could set the tone for the markets today.
Todays IPO's *

*JELD JNCE JAG REVG
A few stocks on the radar this morning
1. MRCY priced and offering at 33 a share could be interesting for a swing below that price
2. MTL like the look of the daily had some Pr this morning
3. FSTR ORN TPC hot sector ORN flirting with an 11 roll check to see when earnings are out TPC and FSTR could be stocks to watch for pull back entries for sing or even long term hold positions
4. CRK and CRR potential red to green or continuation moves for day trades CRK caught an upgrade with a 17 dollar target this morning
5. WTI like the daily on it had some news yesterday but consolidating as oil consolidates I also like the look of MRO daily both stocks for potential swing candidates
6. DWCH potential day trade if it gets some follow through with a 7 roll
7. SSH potential low float day trade recent reverse split DO not Chase it
8. AUPH AF just tweeted out an article and it doesn't actually look like a hit piece?? lol its getting some action premarket Day trade only do not chase it *


*Best of success Trading today,
Have a plan, Don't chase, Know your risk reward and size your trades appropriate to the risk! *


Jan 27th Free Friday Premarket Prep from Alpha Wolf Trading on Vimeo.