NURO, YRCW, PLUG & Extended Watchlist

NeuroMetrix, Inc. NURO

A selection from yesterday’s extended watchlist, NURO put up quite the performance. The stock hit its low of 2.23 early on in the session and ran into the close, touching 2.81 (+26%) before finishing out the afternoon strong at 2.79.

Any time a stock ends on a high note, its always a good idea to stay tuned into its activity the following day. NURO is up in pre-market trading, making it a candidate to continue its run today.


YRC Worldwide, Inc. YRCW

Yesterday morning’s report mentioned that we were on the lookout for a reversal from YRCW, which had gapped down heavily from the previous session. The stock did indeed rebound off of its low of 7.06, bouncing as high as 7.96. That was good for a 13% intraday gain.


Plug Power, Inc. PLUG

We first mentioned PLUG back on February 15th. The stock traded as low as .1155 following that initial alert, and subsequently reached a high of .80 (09/10), representing an overall move of 593%.

Following that monster run we recently saw a consolidation to last week’s low of .45, and since that time has displayed noticeable signs of recovery. We are back to paying close attention here as PLUG has passed its 50DMA in premarket trading, and the MACD is on the cusp of a bullish cross. The RSI is also coming off of being oversold, and is pointing North in apparent preparation to break the 50-line.

Regaining even a portion the ground leading up to its September highs would mean significant gains out of PLUG.


Extended Watchlist:
FNMA, FMMC, OXBT, OCZ, CREG, YUME, BORN

AAPL, AUY, TCPS, EVRM, RSOL & Extended Watchlist

Apple, Inc. AAPL Options
Our coverage of Apple Options just got a whole lot more interesting. At the time of our afternoon updates yesterday, the $440 Calls we were looking at ran from 7.75 to 9.05, adding 17% to our gains. What happened following the market close was quite unexpected.

Most of you will have already heard about the big headline now surrounding Apple- because of the company’s exploitation of foreign tax loopholes, it has avoided paying billions in U.S. taxes on profits that it has moved to three shell companies in Ireland. The bills Apple has avoided through what is being referred to by some as ‘tax gimmickry”, could play a role in the reform of US corporate tax law, but it is yet unclear as to whether Apple will be subject to some form of penalty for this financial sleight-of-hand. CEO Tim Cook is set to appear before a Senate subcommittee to respond to the accusations.

Regardless of the final outcome of this latest development, we are readying ourselves for the possibility that Apple may see an interuption in its recent bullish run. As of this moment, it is uncertain as to how this will affect the overall trajectory of the stock, thus we want to remain extremely vigilant. Should this story not have a great effect, we would still be looking at the $435 and $440 Calls. However, if AAPL doesn’t hold support at this morning’s pre-market low of 438.24, we will need to turn our attention to Puts at the same strike prices of $435 and $440.

The key here will be quickly thinking on our feet once a diagnosis of the current conditions can be made.


Yamana Gold Inc. AUY Options
Also among yesterday’s Options Trading coverage was Yamana Gold. The AUY $11.00 calls we alerted in our afternoon update report (trading at .60 at the time) ended up closing at their high-of-day (.70), for a quick gain of 17%


TechnoConcepts, Inc. TCPS
TCPS is a momentum play that we are putting on watch today for a possible continuation of its recent surge. The stock broke its 3-year high yesterday, and has been seeing an increase in volume over the past few sessions. We’d like to keep a cautious eye on this one moving forward, as it is currently in Blue Sky Breakout mode.


Evermedia Group, Inc. EVRM
EVRM hit a new high of day into the close yesterday. We like the activity we’ve observed since Friday, as the stock has held support off of .0012, and yesterday hit a high of .0018, marking an increase in our possible gains from 33% to 50% We want to continue to watch EVRM moving forward.


Real Goods Solar, Inc. RSOL
RSOL also hit a new high into the close yesterday, trading at 6.43 at the time of our alert, and going on to touch 7.17, increasing our possibility for intraday gains up to 57% (From its low of 4.55) With all the momentum in solar stocks recently, we want to keep an eye on the sector as a whole. Here are a handful of related stocks to watch in the field: ASTI, CSIQ, HSOL, FSLR, SCTY, JKS, LDK.


Extended Watchlist:
CLWR, FNMA, FMMC, SDBT