Watch List June 15th

Good Morning,

Yesterday we saw mostly sideways action on the SPY until a late ramp up into the close which saw us close at new all this highs. This morning we are looking at a relatively flat open and will likely see some choppy action heading into the FOMC rate decision and press conference tomorrow afternoon. Overall I expect the rest of this week to be a bit choppy with FOMC tomorrow and quad witch and S&P rebalance on Friday. Here are a few names that I will be watching today:


BLUE is a name off of the weekly watch list that pushed into the gap yesterday before pulling back some and closing red. I like this today on a soft open that goes red to green


CCXI is another beat up biotech name with a nice gap above that I like on a soft open that goes red to green for a push up higher into the gap


PLTR is a name from the weekly watch list that took out a whole dollar level at 25 but couldn't get through anchored vwap at 25.20 I like this over 25.20 for a push up to 27.50 or higher


PUBM has a 3/8/20 cross with a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a test of the ema34 and possible push up to the $40 area


SWKS had a recent 3/8/20 cross with TTM and is now taking out the ema34. I like this on a soft open that goes red to green for a push up test the sma50 around $178 and possibly much higher








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