Good morning
As we head into what is typically one of the most challenging month for equities the markets have staged an impressive rally in the face of uncertainty.
Several sectors like heath care, biotech, and tech have have particularly strong this week and have repaired some of the technical damage that was done recently. As we head into a long holiday weekend it would be good to see us close out the week strong.
We have some economic data that will likely set the tone for the markets today starting with the jobs number. Additional sectors to keep an eye on. Trucking, casinos, semis and rails.
Do not chase, always have a plan and know your risk reward.
Have a fantastic holiday weekend be safe and have fun.
Friday's economic calendar
Auto sales
8:30 Non-farm payrolls
9:45 PMI Manufacturing Index
10:00 ISM Manufacturing Index
10:00 Construction Spending
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count
Stocks in the Video
1. GE potential long term hold play could be time to take a little starter
2. NTNX earnings potential day trade opportunity with intraday setup
3. APVO gapper off pr do not chase potential day trade opp thin one
4. IOVA pr gapper another one to watch for intraday setup and potential day trade
5. MLCO MGM PENN GDEN EVRI casino names to keep an eye on potential swing opps may need to cool down a bit
6. SWFT YRCW SNDR RRTS CGI trucking names to keep an eye on may need to take a breather
7. TRN RAIL a couple railroad names that look pretty hot potential day trade or swing opps
8. PIXY recent IPO could be bottom basing higher risk swing trade opp
9. HOS potential flat top break out either high risk swing or a day trade on a break over the 3 dolla holla
10. PANW gapper off earnings potential sympathy plays WYY FEYE
11. ZNGA potential swing play hot sector nice daily thick stock
Pre Marrket Pret with Stocks 2 Watch Sept 1 2017 from Alpha Wolf Trading on Vimeo.
