Last week was incredible. If the market momentum continues, we could see another great week ahead of us. We noticed that demand is picking up in several oil, gas and sea drilling companies. Also, small cap biotechs are getting a momentum boost. We were a little short last week in publishing Launch Lists, mostly because we were focusing on daily setups that were very active such as $NVCN, $SSH, $IDXG and $OPXA to name a few. Keep any eye on our twitter account, we post there day time alerts from our three most successful scanners. These scanners gave us solid wins on $NVCN, $OPXA, $BDSI, $IPI, $ANTH, $VCEL and $RCON.
For Monday, we have a larger than normal list, that's because the market is presenting us with lots of possible opportunities to take profits. As always, be diligent and stick to abort prices. We usually wait five minutes at a minimum at both our Launch prices and Abort prices to see if a trend reversal will occur before taking the trade. That's why we may not exit if the Abort Price triggers unless the downtrend in confirmed, and we may not enter at the Launch price if the uptrend is not confirmed.
Here are our picks for 12/12/2016: $FIG $OZM $NDLS $NE $WRN $NEO $MRTX $VCEL $OPXA $ORIG $XBKS $NADL $UAN $MDCA $DHT
