Blue Horseshoe Stocks: Shipping Watchlist & More

Shipping Sector Watchlist

Earlier this fall, we found an incredible amount of success within the shipping sector, as an industry-wide wave of bullish activity carried many related stocks to record moves.

That rush tuckered out a few weeks back, but we want to circle back around this morning to cast a light on several of these stocks that we think could be gearing up for a recovery. Each of the following had been in a drastic downturn leading into yesterday’s session, and each of them began to show some major signs of life in coming off their bottoms.

We’ll want to keep all of them in mind in coming sessions, and watch for signs that a more sustained uptrend could take effect.

Dry Ships, Inc. DRYS

Sino-Global Shipping America, Ltd. SINO

Diana Containerships, Inc. DCIX

Diana Shipping, Inc. DSX

Seanergy Maritime Holdings Corp. SHIP

Euroseas Ltd. ESEA

Global Ship Lease, Inc. GSL

Catalyst Biosciences, Inc. CBIO

We stipulated yesterday that if CBIO held above .80 on any early pullbacks, that we’d be interested in tracking its activity through the session, and it did just that.

The intraday machinations of the stock actually provided two separate opportunties for swing trades. First, the initial run out of the gate that took it from 1.12-1.42 (+27%) and a subsequent dip-and-rip pattern from .855 back to 1.12 later on in the day (+31%).

With volatility sufficient to provide over 50% in cumulative gains on the day, and the fact that it maintained support above our designated level, we’ll keep CBIO on our radar for the time being.

Eli Lilly and Co. LLY

On strong 2017 guidance released this week, LLY beat Wall Street’s forecast outlook estimates for the first time in 3 years. As a result, the stock started to climb, and has begun to fill a large gap on the chart to the upside.

What we want to do here is highlight both a short term and extended term options trading idea to correspond with the present situation. For swing trades this week, we’ll look at the LLY Weekly $72 and $72.50 Calls, and to take advantage of the possibility of an extended uptrend, the LLY 01/20 $75 Calls.

Extended Watchlist:

Blue Horseshoe Stocks: TWTR Options & More

Globus Maritime, Ltd. GLBS

We included GLBS as a part of our extended watchlist yesterday after noticing that the stock had produced a solid session on Tuesday. Our hunch that the run could continue proved to be good, as the stock posted another nice intraday performance.

GLBS traded in a range from a low of 5.122 to a high of 8.769, a move of 71% and it came on more than seven times the monthly average volume. We’ll keep a slot on our watchscreens reserved for GLBS in the event it maintains its upward momentum and strings together a multi-day run.

Agora Holdings, Inc. AGHI

We’ve continued to follow AGHI as it has seen some consolidation over the past few sessions, and the lower it has crept, the more attractive it has begun to look as a bounceplay opportunity.

If you notice on the included chart, the stock has a recent track record of making a serious run-up from current PPS levels. The last time it traded below a dime, that was followed by a huge pop to more than .20. That’s just the kind of rebound we’ll be looking for as the stock searches for support.

Twitter, Inc. TWTR – Options Idea

In conjunction with buyout rumors that have been swirling around Twitter, we happen to like the look of the present chart, and thus we’d like to formulate a corresponding options idea. We’ve had a reasonable amount of success with the TWTR options chain in the past, and current conditions seem favorable enough to signal an extended-term idea today.

We’re going to place the TWTR 01/20 $19 and $20 Calls for the time being, with the added caveat that a buyout actually coming to fruition would very likely necessitate an adjustment to our strike prices.

Extended Watchlist:

Blue Horseshoe Stocks: Kicking Off the Short Week

Options Ideas

SPDR S&P500 ETF (SPY) -  It’s been awhile since we dabbed in some SPY options and the fund is gapping up moderately in the premarket, so as we kick off this holiday-shortened 3.5 day week, we thought we’d float an idea for some calls across everyone’s desk this morning. We’re going to focus on the SPY 11/23 $218.50-220 Calls. for possible daytrades and/or swing trades over the next few sessions.

Given the Thanksgiving break on Thursday followed by just a half day for Black Friday, these contracts, which would normally be weeklies expiring on Friday, will instead expire Wednesday afternoon, so we’ll be monitoring them up to that point.

We’ll hold to this idea as long as the SPY doesn’t dip below that 218.50-mark on any pullbacks.

Tyson Foods, Inc. TSN – Next up on the menu of options ideas today is Tyson, which we’re going to go in the opposite direction with, signaling some puts to track on the heels of an earnings miss.

We’re going to zero in on the TSN Weekly $62-59 Puts in the event that TSN records a continued backslide. Unlike the previously mentioned idea, these do expire at the end of Friday’s session (1PM) so we’ll have the entire week to watch these contracts.


Petroleo Brasiliero S.A. (Petrobras) PBR – An old-time favorite from the past is making another appearance this morning, in PBR. We noticed the stock coming back down recently after a surge well past the $10 mark last month, and this morning, it is re-testing the $10-level with a solid premarket gap-up.

We’re going te set ourselves up tracking the PBR $9.50-10.50 Calls (also expiring Friday @1PM), which could be in line for some serious moves if the stock can maintain its present momentum through the session and perhaps over the course of this short week.

Dominovas Energy Corp. DNRG

This is a play that we’ve mentioned on occasion in the past, most recently two Friday’s ago, when we tagged it at .0014 and saw a decent 44% run to .0023 the following day.

Since then the stock has consolidated back down to that .0014 level, and we’re noticing a PR out this morning that could help DNRG on its next leg-up. (>>View PR)

Extended Watchlist:

Blue Horseshoe Stocks: Fresh Options Plays & More

DryShips, Inc. DRYS – Update

We wanted to start things off this morning by providing an update and some reactive commentary on DRYS, whose massive surge from early this week was stopped in its tracks yesterday.

After the mammoth run we tracked it over from 13.60 on Monday to Tuesday’s high of 102.00 (+650%), the stock was halted, and only resumed trading yesterday. What followed was a massive selloff that we did caution would be forthcoming in Wednesday’s report, stating that we’d want to be ready to take advantage of a potential dip-and-rip when that occurred.

That’s why we wanted to remind our readers of the situation today, and put the stock on bottom-watch. Rebounds are often proportional to the surges that preceded them, and if that holds true here, the bounce on DRYS when it reverses could be significant.

Solaris Power Cells, Inc. SPCL

Next up is SPCL, which we began watching for a bottom on Tuesday, and after realizing that bottom the following session, the stock has made quite a respectable move. It traded in a range from it’s low of .0041 on Wednesday, to a new high of .0098 yesterday.

That worked out to a two-day swing of 139% We’ll continue to monitor this play, and will look for the registering of higher lows and a breach from subpenny into penny territory., Inc. AMZN – Options Idea

We’re taking a look at Amazon this morning for a possible options play. The stock has been building a nice head of steam over the past few sessions, and appears to want to continue that trend today. To take advantage in the event of a continued uptrend, we’ll signal a range of options contracts, the AMZN Weekly $757.50-762.50 Calls.

*Please remember that highly-experienced options traders are the only people who should ever attempt to trade weekly expiring options on a Friday.

Extended Watchlist:

Blue Horseshoe Stocks: DRYS Historic Run & More

Dry Ships, Inc. DRYS – Update

We thought DRYS was a prime play on Monday morning when we included the stock in our watchlist, and even after seeing an incredible gain of 215% that first day and reiterating our interest yesterday morning, nothing could have prepared us for the epic run-up that has followed.

The chances of ever catching a stock in the $13-range and watching it surge to over $100 in a matter of two sessions are razor thin to say the least, but the fantastic performance of DRYS (and indeed, the shipping sector as a whole) this week has delivered it right to our doorstep.

Yesterday the stock extended its gains by trading in a range from 45.47 to 102.00, marking an intraday boost of 124% and an overall two-session jump amounting to 650% over Monday’s low of 13.60! Here we are for a third straight day, watching the stock gear up with strength in the premarket, indicating that even more gains could be on the immediate horizon.

We’ll also be in line to catch the eventual dip-and-rip that’s likely to occur when this historic run finally does peter out, and based on the volatility we’ve witnessed thus far, it stands to be quite significant when it does come to pass.

Subpenny Movers

Staying true to our modus operandi, which dictates that we spread our focus between big boards and penny stocks alike, we had a number of subpenny interests yesterday as well, and those also saw some nice moves.

Anchorage International Holdings Corp. AHCP -  This play started out as a subpenny in the morning, and finished it out in Pennyland, cracking the penny barrier as it ran from .006-.015 on the day. That works out to a single-session move of 150% on just over eight times the monthly average volume.


Bulova Technologies Group, Inc. BTGI - A modest yet notable swing was recorded by BTGI, as the stock ran from .00275 to .0038. That went down as a 38% pop, and came on absolutely massive volume, to the tune of more than 28X the monthly average.


ViaDerma, Inc. VDRM – Chatroom Call

Rounding out our subpenny package yesterday was a call that we made available in our daily traders chat. VDRM was as low as .0031 after we caught the news that it was getting into the marijuana space, and it ended up rallying all day to close at its high of .0073 (+135%).

We are always keeping our eyes and ears open for anything that could turn into the next big runner and we relay that information to our loyal followers anytime anything special comes across our trading desk after our premarket newsletters are published. To participate in these free daily chats, all you need to do is send a Skype contact request to username ‘stocksumo’. That’s it! We welcome any of our readers to join us!

Fresh Options Ideas 

TGT had an earnings beat this morning, and BAC is down in the premarket after topping out yesterday on the heels of a vigorous run-up. We’ll go bullish on the former, and and bearish in the latter, in an attempt to leverage the current activity in our favor.

TGT Weekly $75-79 Calls

BAC Weekly $20.50-19.50 Puts 

Extended Watchlist: