Turned out to be a pretty slow day overall, again summer time and I learned my lesson yet AGAIN this year and it takes me a good full month to get into the SIT AND WAIT mode, which is what I am in right now. Great alert on AKTX was really the only thing I traded with any conviction today and it went very well. Here is tomorrow.

LYFT – 2 trades here, thinking we get a big washout at somepoint however, seems like it might be TOO EASY of a short for the street, so going to look at both sides, short and then for the quick snap back to $50 style trade.

UBER – Same as above.

JCP – Been eyeballing and mentioned that it “felt” different last few days, now we know why. Insider buys on it last week. Like this on the .60 risk and pulls.

TOPS – Interesting that it is semi low float after the split. Someone wanted to put the hurt on shorts from last week. $7.50 is the key spot imo. Cautious adds for on dips with $6 as risk zone.

IMUX – Like any washout near $15 for trade.

NVTR – Probably needed at least a full day or more to churn. Feels like 1.80 is full risk on this one. However It seems to get some nice ramps when it does. I have a feeling it is going to trap shorts at a certain point and off we go.