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May 23rd 2018 Pro Pre market Pre



“The best thing is to learn from other guy’s mistakes. [General George S.] Patton used to say, “It’s an honor to die for your country; make sure the other guy gets the honor.” There are a lot of mistakes that I’ve repeated. The biggest one, the biggest category over time, is being reluctant to pay up a little for a business that I knew was really outstanding.” Warren Buffett

Equities are pulling back in pre market as we await the fed minutes later today.
China trade war concerns have resurfaced and the possibility that the Summit may not happen between President Trump and N Korea. The dollar is up in premarket along with gold while oil is pulling back slightly heading into the petroleum status numbers @ 10:30 ET. Rumors of a potential increase in production from OPEC coming as soon as next month seem to have slowed the run oil has been having and could put some pressure on the hot energy sector.

Keep an eye on TVIX UVXY TZA

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  1. ARCT Potential red to green day trade opp after yesterdays spike do not chase
  2. FWP Potential red to green day trade opp after yesterdays spike do not chase
  3. NSTG Flirting with 13 roll potential red to green low floater day trade opp with volume
  4. CARA big gapper off partnership could be a red to green looking for pull to 13 area for potential support and bounce
  5. DCAR DropCar Expands To San Francisco; Initial Focus In City Will Be On Vehicle Movements And Logistics With Tier One Car Sharing PArtner gapping could get some action do not chase SUPER thin
  6. AVGR Avinger Receives FDA Clearance of Pantheris Device big gapper small floater day trade only likely need cash soon
  7. XSPL recent IPO pr no terms disclosed but could get some action potential day trade or higher risk swing
  8. SNES SenesTech Shares Respond Higher As Co. Issues Release Highlighting Development Of 'Rapid Rollout Plan' For Deployment Of ContraPest In California this pr is a bit fluffy but could be a day trade opp do not chase could look to raise cash
  9. RADA earnings small floater beat on to line looks like a miss on bottom could be one to watch for a pull to the 2 area for a bounce
  10. ACRX nice daily AcelRx Pharma Reports All Of Co. Shares Owned By Three Arch Partners Were Purchased By Investors Led By Leerink revelation Partners; Included ~9.37M Shares Across All Funds; Co. Did Not Receive Proceeds From Sale could get some play now that big seller out of the way 11.NETE Net Element Reports Its Unified Payments Subsidiary Launched An Intelligent Payment Solution For Events Industry a little fluffy but could get some play small floater do not chase 12.VTGN VistaGen Therapeutics Reports Received Notice Of Allowance Of US Patent For Treatment Of Osteoarthritis, Joint Injuries With Stem Cell-Derived Chondrocytes, Cartilage flirting with 1 roll small floater potential day trade opp 13.KMPH Janney Capital Initiates Coverage On KemPharm with Buy Rating, Announces $17 Price Target another small floater potential day trade flirting with 6 roll

Today's Economic Calendar
7:00 MBA Mortgage Applications
9:45 PMI Composite Flash
10:00 New Home Sales
10:30 EIA Petroleum Inventories
11:30 Results of $16B, 2-Year FRN Auction
1:00 PM Results of $36B, 5-Year Note Auction
2:00 PM FOMC minutes