Tag: FXCM

Blue Horseshoe Stocks: Big News for KRFT & More

Kraft (KRFT) to Merge With Heinz
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In a move that will effectively create the third-biggest food company on the North American continent, it has been announced that Kraft Foods Group Inc. (KRFT) and H.J. Heinz Co. will merge. 3G Capital and Berkshire Hathaway, which bought Heinz for $23B and took it private back in 2013, will be orchestrating the deal.

As a result of this development, KRFT is gapping up monstrously in the premarket to the tune of more than 30% Generally when we see a stock soar on news like this, our first instinct is to continually scan for a dip-and-rip scenario once the session commences. When the rip does occur, we’re going to be looking to April $75-85 Calls for intraday options trading possibilities.

Kraft Foods, H.J. Heinz to Merge (Wed 8:18AM EDT)

Social Media Sector on Watch

Despite uncertainly over whether interest rates will be raised this year causing a general downturn in the markets, social media stocks appeared to be an exception yesterday.

We’re always looking for trends to exploit for options trading, and should Facebook, Inc. FB, Twitter, Inc. TWTR, and LinkedIn Corp. LNKD continue their hot hand this week, we could see some nice action in the following contracts:

FB Weekly $84-86 Calls
TWTR Weekly $50-52 Calls
LNKD Weekly $260-265 Calls

Vascular Biogenics, Inc. VBLT

VBLT is another gapper this morning that has surged in the premarket following the company Q4 earnings release. The stock briefly spiked to its 50DMA of 8.65 in early trading, and appears as if it will open in the 6.50’s.

We will look to see VBLT re-break the $7-mark once the session kicks off, as there is a large gap on the chart as we point out below, the filling of which would make for some highly notable gains. It’s definitely a stock we want to keep on our radar as we cruise through mid-week.

Extended Watchlist:
KFX, FXCM, ONCY, BLRX, MRNS, GRPN

Blue Horseshoe Stocks: Earnings Beats & Bottom-Plays

Bottom-Bouncer Watchlist

Each of the following stocks qualifies as a bottom-bouncer, a couple of which are just coming off freshly-set annual lows. They’ll be reserved a place on our radar as the week comes to a close:

Organovo Holdings, Inc. ONVO – In recent weeks this stock has been under consolidation, and yesterday it found a new 52-week low of 3.99 before rebounding into the close in the low 4.40’s. This morning ONVO is gapping up into the 4.60’s. We’ll have our eyes on this stock, likely over the next few sessions as it attempts to recover off of its annual low.

Neuralstem, Inc. CUR – Following some ill-received news on its ALS drug currently under study yesterday, CUR absolutely fell off a cliff. It’s gapping up in the premarket, so we’re anxious to follow it today. Stocks that get blasted on knee-jerk reaction to news can often see a rapid recovery, so our interest is high in this case.

Endeavor Silver Corp. EXK – This stock is also coming off of a new 52-week low that it recorded on Wednesday. It managed to make higher highs and higher lows during yesterday’s session, and we’ll look for it to continue that trend moving forward.

Earnings Beat Watchlist – Options Ideas

The next pair of companies each had an earnings beat, and are both gapping up over 10% in premarket action this morning. What we’ll do is monitor for dip-and-rip scenarios, and take advantage of In-the-money Calls on the rebound:

El Pollo Loco Holdings, Inc.  LOCO – For this one, we want to radar Weekly $25-26.50 Calls for possible day-trading opportunities.

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA – Here we’ll be observing the action in Weekly $154-155.50 Calls

Extended Watchlist:
FXCM, SPPI, NSPH, WLT, NETE

Blue Horseshoe Stocks: FXCM Update & More


FXCM, Inc.  FXCM

We zeroed in on FXCM last Thursday morning and witnessed a big 41% run from 2.49-3.51. Following a pullback off of that high, the stock came down to rebound off of the 2.64-level on Friday, where we witnessed another 17% spike.

To start off the week FXCM continued to bounce yesterday, pulling back to 2.28, just below our initial alert price, and running back to 2.69, for an added gain of 18%

We’ll be on the lookout for any further opportunities provided by FXCM in the event that it continues to register ample swing-action such as what we’ve seen over the past few sessions.

Lentuo International, Inc.  LAS

LAS is hitting our scanner this morning as a potential bottom-bouncer. The stock has come down to rebound off of the

Last week, it was announced that the CEO and Chairman would be purchasing upwards of $1M worth of LAS stock on the open market inside of the next month, a good indicator of the executives’ long term outlook for the company.

We could be discovering this play at an opportune moment, coupling the recent PR with the stock’s current positioning on chart; we will make it a definite point of focus for us in coming sessions.

BEIJING, Jan. 22, 2015 /PRNewswire/ — Lentuo International Inc. (LAS) (“Lentuo” or “the Company”), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that members of its senior management team…will use their personal funds to purchase the Company’s American Depositary Shares on the open market for an aggregate amount up to a maximum of US$1.0 million >>FULL PR

AK Steel Holding Corp. AKS

We want to tag AKS this morning as another stock that is coming up off of a recently realized 52-week low. We’ve had plenty of good fortune come to us by way of this type of play in recent weeks, so we’ll want to devote a good bit of our attention to this stock as we head into mid-week.

The stock has traded as high as $10 as recently as September, and with a number of ripening indicators on the chart as shown below, AKS could be in store for some significant gains.

Extended Watchlist:
BFGC, JAMN, VUZI, SFEF