Tomorrow's Action List - Thursday, January 12, 2017
1.Biotechnology stocks (IBB) fell sharply, creating a buy-sell-buy trading intraday. One of this group’s favorites, Exelixis (EXEL), bucked the trend, but barely. Exact Sciences (EXAS) rose on the day.
2.Cramer gave a “shout-out” on AMD and was bullish about the company. This is BAD news. Cramer was bearish when AMD was left for dead at $2-3/share. AMD is now a sell if Cramer’s eyes are on it. Agree or disagree?
3.EnteroMedics (ETRM) fell 45%. Told you so. This is a classic pump and dump. Beware and avoid.
4.Hudson’s Bay in Canada fell like a rock, as predicted. Since this post, the stock fell 15-20%. Avoid.
5.Microvision (MVIS), a nano-cap identified as a stock that MUST break above $1.40/share, closed at $1.42. A run above $1.60 - $1.80 is possible. Watch.
6.Trading play Himax Technologies (HIMX) held $6.00 a share. The stock is at a critical inflection point as AR and VR take off.
7.What is your move tomorrow? Post in the comment below. Note: You MUST be signed in (log-in with your credentials at the top of this page).