Good morning
Concerns of an overheating economy and the potential for an overly aggressive Fed is weighing on equities in premarket. Oil is pulling off of a big inventory build reported yesterday. Volatility is up in premarket while the dollar and gold are both slightly lower. The cannabis sector could get mixed catalysts today with Constellation Brands reporting earnings premarket likely to mention their intent in the space while TLRY announced a convertible note offering after the close yesterday which is weighing on the stock.
Keep and eye on TVIX UVXY VXX if equities really start selling off for potential day trade opportunities.
Click here for charts of stocks listed below
$LIQT October 1, 2018
5:35:22am
LIQT
LiqTech International, Inc. Signs Framework Agreement With One Of The World's Largest Marine Scrubber Manufacturers To Develop New Product For The Treatment Of Marine Scrubber Wastewater old news but has a decent looking daily potential for a 2 test and roll day trade potential swing play on a pull to the 1.25 1.40 area for support and bounce
$CECE flirting with an 8 and 50 day roll trades thin nice daily looking for volume for potential day trade could also be a higher risk swing consistent insider buying in this range
$MRMD Russell Pointed this one out yesterday > great looking daily setup it is cannabis play not a cheap valuation but they are cash flow positive potential 4 roll day trade with volume if the space gets a lift 2.50 -3 area could act as potential support area on a pull back
$SAEX Very tiny floater big pop off contract announcement but the details look a bit sketchy .. Gapped huge and pulled back could be a wild child today for scalp opps do not chase and play size appropriate
SAExploration Holdings shares are up 142.8% after the company won a $100 million marine project in South Asia; NOTE: With under 1.8 million shares outstanding, the stock is highly susceptible to low-float targeting and may hyper react to news.Of the total project amount, approximately 70% of the revenue is expected to be pass-through revenue related to a large subcontractor. Any pass-through revenue will be at cost with no margin to SAE. Additionally, the timing and outcome of the project is dependent on SAE entering into the final contract with the customer and on various factors beyond the Company’s control, such as weather delays, which could cause actual results to differ materially.
$ORGS popped and flopped yesterday off of a fluff piece could get some red to green action small floater do not chase
$RECN Resources Connection, Inc. (NASDAQ:RECN) reported better-than-expected earnings for its first quarter. Resources Connection shares climbed 19.29 percent to $19.60 in after-hours trading.small floater gapping big 17.50 18 area could act as potential support on a red to green type move
$REFR super tiny floater getting some volume not a pot play automatic window tinting glass could get a 2 test and roll day trade opp company does not make any money
$QTRH
Quarterhill Reports A Subsidiary Of Its Wi-LAN Subsidiary, Polaris Innovations, Was Granted Term License For Certain Patents Owned By Polaris To Elite Semiconductor Memory Technology interesting looking daily flirting with the 200 day can be a pop and flopper and trades extremely thin do not chase
$VLRS
Volaris Reports Sep. Traffic: RPMs Up 15.3% Year Over Year, ASMs Up 17%, Load Factor Down 1.1 Points very thick stock potential bounce area off the 50 day more of a swing or long term hold play
$IDXG
Interpace Diagnostics Reports Deal With Piedmont Healthcare For Its Integrated Health System, No Terms Disclosed Good looking daily not reacting to the news small float stock likely need to raise cash soon day trade only
$ARWR
+1
Arrowhead Reports $3.7B License, Collaboration Deal With J&J's Janssen UPDATE: Arrowhead Eligible To Receive Added $3.5B In Potential Milestone Payments
UPDATE: Arrowhead Will Receive $250M Upon Closing Of License, Collab Deal With J&J's Janssen currently halted could be in play for a day trade with setup
