Blue Horseshoe Stocks: Several Key Updates

Intercloud Systems, Inc. ICLD

In yesterday’s report kicking off the new trading week, we backtracked to our alert of ICLD coming in our report from two Thursday’s ago, at which time the stock was trading at a low of .0157.

We mentioned how it had risen exponentially since that report, and specifically cautioned our readers to track its movements closely right from yesterday’s opening bell. The strength of the ICLD close on Friday was simply too strong to ignore and despite already having spiked considerably for us up to that point, the stock turned in another fantastic intraday performance.

From an early low of .05, the stock ran all the way to .0869 during the course of a session where it steadily climbed all day long and closed near its high. That marked an intraday boost of 74% and and an overall move up of 340% from our observed low from Thursday the 2nd,

Once again, with the intensely bullish close to another session, we’re going to have our eyes peeled for further moves from ICLD, whether they come in the form of a continued push upward, or are preceded by a dip-and-rip pattern off of these impressive highs.


Ciber, Inc. CBR

Prior to yesterday, CBR had been stuck in a rut for quite some time, but we noticed some abnormal premarket activity and decided to include it in yesterday’s report. It was a good idea, with CBR running from .4329 to .65, which works out to a 50% intraday pop.

The move came in conjunction with the company announcement that it was mulling over an unsolicited offer to be acquired through merger by Ameri Holdings, Inc. (AMRH) which values it at .75/share of CBR stock.

Given that the stock is still trading in the low .60′s at present, we’ll be interested to continue to monitor its progress as the company deliberates the merger offer.


More Key Updates

Cerulean Pharmaceuticals, Inc. CERU - We began tracking CERU just over a month ago, and after an extended period of slow and steady increases, finally yesterday the stock broke out in a more significant manner.

Our initial alert on CERU came on the 3rd of February, at which time the stock was trading at a low of 1.11. Yesterday the stock streaked to an impressive new high of 2.65, which comes out to a total upswing of 139%

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Aurinia Pharmaceuticals, Inc. AUPH -  AUPH is another stock we’ve been tracking for much of 2017 so far that also broke to new highs yesterday. We witnessed a low of 2.95 in AUPH subsequent to our alert on the stock dated January 27th. Gradual increases over the next month would occur, and since we’ve hit the month of March, the stock has been going haywire.

Yesterday AUPH soared to (and closed at) 10.54 which represents a total move of 257% in less than six weeks!


Fresh Options Idea
Direxion Daily Jr Gld Mnrs Bull 3X ETF  – JNUG 03/31 $7-8 Calls


Extended Watchlist:
MGI, CPRX, GALT, EARS, RNN

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Blue Horseshoe Stocks: Hasbro Options & More

  SPDR S&P 500 ETF (SPY)Options Recap

On Friday morning we were looking for solid jobs numbers to aid a push in the SPY, which we set ourselves up to take advantage of with a range of options calls.

We designated the SPY Weekly $227.50-229 Calls as our targets, and every one of those four sets of contracts were in play with some really nice intraday activity:

$227.50 Calls – Range: 1.02-2.04 – Max Gain: 100%
$228 Calls – Range: .59-1.53 – Max Gain: 159%
$228.50 Calls – Range: .27-1.03 – Max Gain: 281%
$229 Calls – Range: .10-.63 – Max Gain: 530%
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FRESH IDEA: Hasbro, Inc. HAS

On the heels of an impressive earnings beat this morning, we’re going to be shifting our options-trading focus to Hasbro, and the HAS Weekly $88-92 Calls.


OTHER UPDATES

Cerulean Pharmaceuticals, Inc. CERU -Another item of interest for us on Friday was CERU, which we noted, based on a number of factors, seemed primed for a breakout at any time. As it turned out, that time was immediately upon the opening bell, as CERU shot up quickly from a low of 1.11 up to 1.68, for a 51% rip.

CERU did consolidate into the close at 1.30, but with Friday’s major spike in volatility, and the sheer immensity of the volume that came pouring into the stock on the order of 39X the 3-month average, we’ll be sure to continue to track its movements as we kick off a new trading week.
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Sugarmade, Inc. SGMD - Rounding off Friday’s solid performers was SGMD. This was a first-time mention for us, and it made a pretty good first impression with a notable intraday push.

The stock rose from a low of .11 and ran as high as .1494, marking a move of 36% It also signaled the fourth consecutive session that the stock has recorded higher highs and higher lows. Between that, and a strong close with which SGMD maintained more than half of its daily advance, and we’re very interested to keep following this particular play.


Extended Watchlist:
VDRM, ABVG, RMGX, ODYC

Blue Horseshoe Stocks: Options Updates & More

Facebook, Inc. FB – Options Recap

Our fresh options idea or the day yesterday on the heels of Facebook’s earnings beat, the FB Weekly $133-136 Calls ended up providing opportunities for sizable gains early on in the session.

The following moves all occurred in the first half hour of trading, so traders would have had to be quick on their feet to get in on the action, but those who were, were handsomely rewarded with some really big, really quick gains:

$133 Calls – Range: .36-2.17 – Max Gain: 502%
$134 Calls – Range: .28-1.51 – Max Gain: 439%
$135 Calls – Range: .18-.96 – Max Gain: 433%
$136 Calls – Range: .05-.55 – Max Gain: 1000%

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FRESH IDEAS:

Amazon.com, Inc. AMZN – With Q4 earnings season in full swing, we will include another options idea based on the early activity in AMZN, which posted disappointing figures in its post-market release yesterday.

Here we’re going to be highlighting a range of puts that we feel stand to make decent gains, should AMZN’s fortunes play out as we suspect they might today. The targets we want to place on watch are going to be the AMZN Weekly $810-800 Puts.

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SPDR S&P 500 ETF (SPY) – On the bullish side of things, solid jobs numbers could very well lead to an overall uptrend for the markets as a whole, so we’re going to want to designate an a corresponding idea for that.

Generally, we like to use the SPY as a market analog, so we’re going to signal a range of SPY calls to try to take advantage of the current conditions. Our target range here will be the SPY Weekly $227.50-229 Calls.


Cerulean Pharmaceuticals, Inc. CERU

We want to keep our eyes on CERU as we close out the week, and into next week, as the stock is currently boasting a chart that looks as if it could break out at any moment.

As you can see, the stock has been gradually building a higher base of support off of annual lows recorded in the fall, and yesterday, really started to make a bullish move. We’re seeing a slight gap-up this morning to just below the resistance channel between 1.20 and 1.30. As we’ve pointed out below, there is a huge gap on the chart to the upside, and a breach of that channel would begin to fill it in.

This is a stock that we feel could easily make a 100% move inside of the next few sessions, so we will want to watch carefully.


Extended Watchlist:
MJPI, PKGM, GEQU, OWCP, SGMD, PROM

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Blue Horseshoe Stocks: Cannabis Updates, Options & More

OWC Pharmaceutical Research Corp. OWCP

We hardly need to tell our regular readers that we caught and alerted OWCP last Thursday at a low of .0045, because it has appeared in every single one of our premarket reports since then.

It’s rare to come across a multi-day runner of any duration, but one that continues for the span of an entire week without so much as a hiccup is really something special. Yesterday the stock parlayed its four-day head of steam into another great intraday run from .0261-.0468, a jump 79%  That new high represented an overall five-session swing totaling 940%

Huge cheers go out to anyone who has participated in this epic run, which is part of the cannabis space, a sector that we’ve been tracking more closely as the landscape has been heating up. We’ll continue to track OWCP, not only for the potential of continued momentum, but for the eventual consolidation and subsequent bounceplay that’s sure to arise when that occurs.


Cannabis Pharmaceuticals, Inc. CNBX

Speaking of the cannabis space, another related play that appeared in yesterday’s report went on to have itself quite a nice single-session performance.

CNBX traded in a daily range from a low of .06 to .0819 on more than triple the monthly average volume, and closed at that high. That was good for a 37% move, and with the bullish close to consider, we’ll certainly want to keep a close eye on CNBX for the possibility of continued momentum.


Catalyst Pharmaceuticals, Inc. CPRX

We’d also like to take a minute to update readers on the performance of CPRX over the past couple of weeks, a stock that we tagged for observation back on September 16th. On that day we observed a low of .99, and CPRX hasn’t dipped below that point since.

Over the past couple of sessions, things have really ramped up, with the stock setting a new high of 1.58 yesterday, up 60% from our witnessed low. That occurred on the third highest traded volume in the stock’s history, and the highest number of shares traded in a single day since 2013.


Aurinia Pharmceuticals, Inc. AUPH

While we’re on the topic of pharma plays we’ve tagged recently that have taken off to new highs, we also have to make mention of AUPH. We placed this stock on watch in Monday morning‘s report, and the ensuing run has been solid enough to warrant continued observation.

From a low of 3.07, the stock traded up to 4.13 (+35%) on roughly four times the monthly average volume, and is gapping up this morning to around $5, extending that figure even higher.


Fresh Options Idea – Disney Co. DIS

We like the current setup of the DIS chart, and the chances for a long-term recovery, so we want to signal a range of extended term options calls to correspond with that.

We’re going to radar the DIS 11/11 $94-96 Calls and keep track over them in the weeks ahead. .


Extended Watchlist:
QTM, VNR, FRO, CERU, DRRX, CPS

Blue Horseshoe Stocks: AAPL Recap, MDCN News & More

Apple, Inc. AAPL – Options Recap

To start things off this week we want to look back to Friday’s report wherein we suggested that $131 and $132 Weekly Calls would be in play for possible daytrading opportunities, and our assertion was spot-on. The trading range on the $131 Calls was from .63-1.98, which was an overall spike of 214%, while the $132′s jumped from .14 to 1.00; a total increase of 614%

Those ranges, while extremely impressive, only reflect a fraction of the total possible gains for folks with daytrading ability. As you can see on the following chart snapshots of Friday’s intraday activity, these AAPL Calls were both what we commonly refer to as a “Flipper’s Dream”. Not one, but three big swings could have provided major ammunition for top-shelf profits.


Medican Enterprises, Inc. MDCN

MDCN is a marijuana-related stock that we’ve tracked in the past that has cropped up with a noteworthy PR this morning that we think our readers ought to check out.

Additionally, following a huge a huge run in late March, the stock has been under serious consolidation so it also qualifies as a potential bottom play as well. This will definitely be one to keep on our radars this week.


More News Plays
Here are a couple morning gappers with hefty PRs hitting the wires today:

IntelliPharmaCeutics International, Inc. IPCI

Live Person, Inc. LPSN


Extended Watchlist:
PBMD, ISR, CERU, JDST, AEZS