Watch List June 1st

Good Morning,

The market is up slightly here in the premarket after Asian markets pushed higher overnight. It is worth noting though that the VIX is up almost 6% this morning as the country saw a fair amount of unrest over the weekend. It will be important to see today and into the rest of the week if the VIX gets in line with the major indices and settles down, or if the VIX is a leading indicator here warning us what is to come for the market. For the most part today I will focus on names from the weekly watch list, but I do have a small list of additional names that I will be watching:


BA I will be watching to see if this tests the 150 level and would be interested long if it break over that level and short if it fails there


SNAP I'm interested in long on a soft open and a $19 break if it sets up for a test of $20


FB is a name I would be interested in short on a failed 230 test and any sign of market weakness

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