DISCLAIMER: I AM NOT CERTIFIED TO GIVE ANY TRADE RECOMMENDATIONS THEREFORE EVERYTHING I WRITE ABOUT IS NOT REAL AND IS NOT A BUY OR SELL RECOMMENDATION

STOCKS:

B=Buy

T=Target

3/3/2017

$GERN B 2.12 T1 2.40 T2 2.60 cancer therapy drug attending AACR on April 3rd. SWING PLAY

$AFMD b 2.00-2.10 - T1 2.50 presenting at Cowen and Company Conference March 7, 2017 and AACR April 3rd

$CRME B below 3.00, T1 200 ma T2 4.00 antibacterial drug for skin infections, interesting space.

3/2/2017

$CLDX 3.50-4.00 target 200ma

$CPRX 1.25 BREAK Target 1.50 or higher

$BLIN Lots of volume as of late for this stock, possible accumulation? .68 - .78 to possibly .95 or higher (worked)

$APTO Not on the scanner but I like it here 1.10, consolidating. Upcoming conferences March 8 and March 14

 

3/1/2017

$INUV advertising company, small earnings beat, Roth conference March 13 B 1.60 T 2.00 -shorter term

$PRKR liking this for a swing play, infringement case with $AAPL, entry 2.05 T1 2.50

$RIGL B 2.45 T1 2.65 T2 3.00, CHART -swing idea (Worked)

S&P 500 E-MINI FUTURES:

Current contract: ESH7

WEEKLY OUTLOOK:

We closed up higher than everyday that we opened last week but momentum could be running out. We shall see but it has slowed down for sure. I am still bullish until proven otherwise.

MY LAST WATCHLIST:

If we can hold 2390 we may be looking at new highs again. An obvious target is 2400. If we fall below this level Targets are 2384 and 2380 for selling.

RECAP OF LAST WATCHLIST:

We hit both sell targets below so my hypo 2 worked.

TODAY'S WATCHLIST:

We are trading at 2375 as I type this and if we cant hold this area we may fall to 2367 sometime tonight or tomorrow. If we can hold 2375 I think we will touch 2385 tomorrow. Yellen is speaking at 1 pm Friday.

NEWS TO WATCH:

March 3

Speech - Chair Janet L. Yellen Economic Outlook At the Executives Club of Chicago, Chicago, Ill. 1:00 p.m. ET

March 10 Non farm payroll

March 15

FOMC Meeting Two-day meeting, March 14-15 2:00 p.m. ET

Crude Oil futures

Current contract: CLJ16 (March)

WEEKLY OUTLOOK:

Still sideways action last week. For the week I will look to buy 53.40 if we get it. I expect us to rise toward 55 sometime this week. Oil may make a little bullish run here.

MY LAST WATCHLIST:

Like I said I do not like buying in a downtrend. We may get a pop here back to 53.50 or higher. Oil is just sideways for now if you can buy 53.25 and sell 54.50 that is all you can do for now.

RECAP OF LAST WATCHLIST:

We got a big sell off in oil today. Hypos did not work.

TODAY'S WATCHLIST:

I look for us to fall to 52.00 at least if we cant hold this level of 52.50 If we can I will look to buy here at 52.60 with a target of 53.16.

NEWS TO WATCH:

 

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