Peter's Watch List September 25th

Good Morning,

We are seeing some pullback here in the market, and we could possibly see some more if we see a 3/8/20 cross down on the major indices. Having said that. I will keep a very open mind as all of our recent market moves have been very news driven. Yesterday President Trump made some comments on China at his UN speech, and the market read those as not being indicative of a trade deal being close. We also had some volatility on the news that there will be an impeachment inquiry over this Ukraine phone call. We need to be aware that news like this can move the market very quickly and violently. I remain patient and cautious in my approach to things right now. Here are some names that I will be watching today:


SVRA is in a nice reversal pattern with expanding volume. Yesterday it made a nice push up into the gap above, and I like this over 3.23 for a move towards 3.50


CETV made a strong high volume move yesterday coming out of a TTM Squeeze. I will be looking to see if this wants to continue over yesterday's high of 4.80 for a push up to $5 or higher


SILV is one of many precious metals names that made a move yesterday. I like this over 6.07 for a move up to the mid $6s


PBYI was alerted in the room yesterday, but we got shaken out by some news and then it ended up pushing higher. It did fade a bit into the close which could give us another shot today. I like this from 12.15 to 12.20 for a push up to the mid to high $12s


FIT I still like even after it pulled a bit yesterday. Ideally I would like to get this around 4.05 and see if it can test the highs from Monday




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