{+++}Sorry but I was jammed all day and I am still on the run, things will calm down by tomorrow, just a lot of fund launch nonsense. The S&P now has resistance at 1000 and about 1600 on the NDX, don’t forget we have options expiration on Friday. I will have a pre- market video in the morning.
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WATCHLIST FOR AUGUST 19
LONGS THAT HAVEN’T TRIGGERED YET:
OREX-OVER 8.90 THEN 9.47
EXEL- 6 or 6.10 STOP 5.70
BCRX 10.40 STOP 9.90
CROX-6.87 STOP 6.40
LONGS (THAT HAVE TRIGGERED):
ADCT-9.10 STOP 8.50
QSFT- 16.25 stop 15.40
ACAD- 5.25 I screwed up on the stop, still a hold if you are long, stop 5.20, could be a new money buy over 5.95 with volume)
SHORTS (THAT HAVEN’T TRIGGERED YET):
PCLN- short at 142
CELG-51.31
SEE- you could short here with a tight stop at 18.50 if you want to play a possible break at 17.70)
SNDK- 16.21
LMT-73.11
SHORTS THAT TRIGGERED:
MHP-28.27 STOP 29.20
ICE- 88.11 STOP 91.50
AMZN-82.45 STOP 83.75 ( sold half today +1.45)
AMGN- 59.70 STOP 61.50
ATK 76.50 STOP 78
YGE- 12.09 STOP 12.50 ( covered today + 1.80)
ICE- 88.11 STOP 91
AMAG- 43.50 STOP 42,50 (sold half for +1.20)