I posted this as a joke. I hear the Preacher is now following me on Twitter, if you can believe it. Talk about negative attention! This outfit was swallowed by Beacon Equity and it once made decent scalp longs and in some cases huge shorts for daring gamblers. The gimmick of posting a link that is timed to the market open is now being copied by others. Most of the picks and outcomes are silly, so be careful if you are curious. I think one is set for the open on Friday. Seconds before and during the first minute or two just refresh the browser like mad!
SSY
This could easily morning panic early. It has downside left but most of it may have come on Thursday. If you are not holding short overnight already, it may not have much except as to cover into.
BLDP
This is already getting tired, only decent daily volume on the rise, but it could need more seasoning. As usual, short on weakness cues, which I discuss in videos and in chat.
TGA
Sleeper breakout pick. This took out some resistance Wednesday and continued Thursday. I will short profit takers or go long if it keeps flying. Up in after hours.
ZIOP
Another sleeper. Trying for a 5 push, this could be played by similiar rules as for TGA. Be flexible.
JADA
This looking close to over extension. Not sure. I look to short the usual fading clues as I have noted before.
VTSS
I do not like them this cheap but look at the comparative volume the last two days. Spike out of gate & long?
ESPH
May keep going up if it can power through its 52's at 1.30. Obvious fail there is profit taking short bait, as it has had a nice run already so they will be tempted.
BKRS
Obviously this was up huge so borrows will be tough. Its daily upper shadow relative to the real body seems promising for a sell-off. Could spike at or near the bell first, allowing a long scalping play. Short on usual cues.
SMOD
This could keep going up, at least have an opening spike. Earnings winner already smashed through 7.25 ish resistance into the 8s. Any fading is profiteering, but be able to switch sides or be flat if so.
ISCO
Late day Dow effect to be sure, but it is looking top heavy. Could be a play either direction Friday.
CHGY
How this keeps going up on such ever weakening volume I do not know. I do know I want to short any cue.
Also watching CHINA, CKEC JMBA for signs of early spiking & CIGX for more anxious bull profit taking.
FAZ
Do not laugh, but play at your own risk. Mainly aping the Dow direction with triple leverage in reverse, the 3x Direxion Financials printed a hammer on the daily. I like it long only if it trades early on above 13.44 on solid volume. I don't like it at all otherwise. It is currently up after hours above that, I would like to see it hold and zoom out of the gate for a quick scalp.
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