Launch Watch List for October 5th, 2016

Submitted by Mat Trader on Wed, 10/05/2016 - 00:02

Our watch list for Oct 5th, 2016. $CORT$CBDS$JMEI and $RIGL. These may take a few days to trigger but have great potentials.  As always watch for the overall market before taking a long profit launch potential and obey the abort price every time.  Remember that launching profit winners is like launching a rocket.  You don't want to take any unnecessary risk as the life of the astronauts is non negotiable.  The abort (stop loss) targets are tight for a reason, the market is still making up its mind as to what direction it wants to go.  Look at the chart for the SPY, still bound in an indecisive range.

SPY on 10/4/2016

 

Watch List