Watch List for 12/04/17 from Alex

 

Was an absolute pleasure to do an IU interview! Be sure to check out the blog and interview: investorsunderground.com/s/dCWh6/

We put all the FREE WEBINARS Dante & I have done so far on one page for everyone. Enjoy! investorsunderground.com/s/3EOJG

 

Investors Underground [SALE]: https://investorsunderground.com/s/XmXLj

 

PXS: I thought this was gonna keep going all day. I even tried to bounce it with a starter but just like LMFA….When the bid was gone it was GONE. Will be looking to short pops risk on Fridays highs. The sucker trades thin so its 100% not one to chase. ENTRY is everything here. Again, the market HAS NOT been rewarding patient shorts lately so keep that in mind. NAIL AND BAIL.

DPW: Looking for pops to short risk on $2.05 for a swing.

XNET: Looking for a morning jam on $16.50s then sit back. Personally hate this stock, but has shown that if you WAIT and let it come to YOU there is plenty of range for a trade. Won’t chase a gap down / weakness on this.

PYPL: Looking for a weak open < $75.00 to go long for a bounce.

SQ: Same plan. Looking for a weak open low $37s for a bounce in the morning.

UVXY: Absolutely NAILED this on Friday. That Flynn news really made the market panic for a bit before it went back into full on BTD mode. ABC suspended the reporter for that misleading article, things with the tax plan seem to be going well. Fully expect a gap up in the markets tomorrow. Will it be a sell the news scenario? IDK. But I’ll be looking to short all pops on UVXY tomorrow if the market continues to trend up. UVXY will lose its premium, thats where the edge is. Ideally a jam $15.00-$15.50s