Watch List December 18th

Good Morning,

Yesterday we saw the market hit new all time highs and this morning we are looking at a gap up (note that the SPY dividend gets paid today so the 1.41 dividend comes out today). More important than anything else today, we have quad witching and a major rebalance of the S&P indexes and the Nasdaq. This will likely result in some very wild action especially late in the day, and this its definitely some cause for caution today. I do have a small watch list of names today, but all of these names are in the Russell 2000 which should be less susceptible to the quad witching and rebalance chop:


CYRX gapped down last month and is rounding nicely and reclaiming vwap anchored to the high before the gap. I like this on a pullback and hold of the $50 area for a push up to the mid to high $50s


HRTX is in a tight little rounding pattern in a TTM Squeeze. I like this on a pullback to an anchored vwap level around $18 for a push up to $20


GDS is in a TTM Squeeze and made a strong move yesterday on volume. I would be interested in a swing entry on a pullback to 92.50 or I would be interested in a day trade on a soft open that goes red to green


FLDM filled a gap Wednesday and pulled back and is now on the way back up in a TTM Squeeze. I like this on a soft open that goes red to green for a move up to $8 or higher


PFGC gapped up last month and is consolidating along vwap anchored to that gap up and is not holding its daily sma20 that has caught up with the price action in a TTM Squeeze. I like this on a pullback to the ema8 at 46.50 for a push up to $50 or higher







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