Market Moving Events Are Still Ahead
We have a busy next few days coming up, we have a Fed announcement today, $FB reports today, $AMZN tomorrow and the Job numbers on Friday. It is always hard to press in front of potential market moving events. Biotechs had a great day yesterday and believe that can continue in the short term. Today we are focusing on $AERI, $OCLR, $CLF, $KPTI. Here is the rest of our long watchlist today;
We have an interest in these names if and only if they go through yesterday's high plus .10 cents. We want to buy these stocks on the move and not anticipate the move. These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through a momentum burst that lasts 1-10 days and that is what we look to take advantage of.
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Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at [email protected] or 646-480-7463.
