Watch List February 5th

Good Morning,

Yesterday we saw the market surge late to make a new all time high along with continued easing in the VIX. This morning we are pointing to a gap up in the SPY with a flat VIX, but a lot could change with the employment report at 8:30 AM Eastern. Sitting on all time highs and heading into the weekend, we are likely to be pretty selective today about any swing trades and will likely focus more on day trades. Here are a few names that we will be watching for swings if we can get an ideal entry:

GOSS I have been warching for a while and I still like this if I can get it right on its sma20 around 10.35

NUVA made a nice move yesterday in a TTM Squeeze, and I like this on a pullback and hold of its sma20 around 56.30 for a push up to $60 or higher

PS is holding vwap anchored to a big gap up day in December and is in a TTM Squeeze potentially setting up for a reclaim of the sma20. I like this on a move over that sma20 just over the $21 spot

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