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Peter's Daily Update December 16th

Good Morning,

It looks like we are setting up for a gap up open this morning in all the major indices and continued easing in the VIX for now. I will be patient at the open to let the market digest this gap up before getting to active with any trades. We have lots of nice setups on the weekly watch list, and I will be focused on those names as well as five minute control candle and Gap n Reverse setups today. Some of the names that I will be watching for these five minute setups are AMRN, AAPL, NFLX, TSLA, ROKU, AMD, SRPT, and BA.