Watch List June 18th

Good Morning,

All eyes this morning will be in the jobless claims numbers coming out at 8:30 Eastern this morning. The major indices have been all over the place in premarket trading but as I type here at 8:20 AM they are down a bit with the VIX up. The SPY remains in no man's land for me here without a clear up or down trend until we either take out the island reversal above or see a 3/8/20 cross down. The rest of the week is likely to be a bit volatile with lots of economic data and Fed speakers today and tomorrow as well as opex and S&P rebalancing tomorrow. Bottom line is that this is a time to stay pretty patient and very selective. Here are a few names that I will be watching today:


AIMT is a name that I have been watching for a while and I still like it here on a soft open and red to green move for a test of $20 and possible push higher


WING is in a very nice TTM Squeeze and looks ready for a major breakout. I like this on a soft open and red to green move for a push up towards 4130


TNDM had a strong move up on volume yesterday, and I like this on a soft open and red to green move for a push up to $90 or higher


TEAM is setting up for a potential 3/8/20 cross up with a TTM Squeeze. I like this on a 3/8/20 up for a move up to the mid $1802


TWOU is another name setting up for a 3/8/20 cross up in a TTM Squeeze. I like this over $36 for a ush up towards $40








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