Wow, its August already tomorrow…where did the year go??? Anyways, lot of action out of the gate for me this am to watch it pretty much all die and fade off in penny land. Some other decent trades out there but nothing to really mention. Market hopefully shows some spots of interest after the Rate cut info today so going to watch to see what starts to move to get an indication area’s that are likely to be the leaders/laggards going forward. Here is tomorrow.

TWOU – What a monster unwind today on this. Basically companies entire business model was shown to be negated. Probably a BK in a year or less at this rate. I’ll look for something around $8.70 for a scalp bounce on a big washout only.

VXX – Thinking we see this in higher in the coming days. There are a monster amount of Puts out on the SPY still open at some low strikes. Ideally $22.80 wash for the long scoop.

FTFT – Regain Nasdaq play. See if it can get some heat behind it pre-market. If so, will look for morning wash to snag.

HTBX – Keeping on radar but thinking if the .70s break and peak, it’s a total avoid as it tends to just fade away when volume stops.

CFMS – Smoked on earnings. looking for the bounce trade.

INPX – Long risking to .36s