Blue Horseshoe Stocks: Updates, New Ideas

ITUS Corp. ITUS 

As we were just mentioning yesterday, we first highlighted ITUS in Thursday’s premarket report, and later that day we observed a low of 1.92. Friday and Monday both brought the recording of higher highs and higher lows, and yesterday followed suit.

We watched as ITUS pushed upward once again, trading in a daily range from 4.00 to a new high of 5.15. It worked out to an intraday move of 29%, and an overall increase of 168% over the low we witnessed on the morning of our initial alert. For a stock that was already approaching $2/share when we came upon it, that’s a fantastic four-day swing.


IZEA, Inc. IZEA

Speaking of higher priced stocks we’ve called that have made some impressive moves, we’re talking about IZEA again as well. We called it on Monday morning, and saw a move from 4.54 to a high of 6.35 (+40%) that day, and specifically reiterated our signal yesterday morning.

It’s a good thing we did, because the stock wasn’t finished running. It made a modest 25% move up from a low of 5.73 to a new high of 7.17. That works out to an admirable two-day swing of 58%


Apple, Inc. AAPL – Options Recap

Yesterday morning we noted the fact that AAPL was showing signs of a reversal and rebound after a selloff period. We mentioned that we’d radar the AAPL Weekly $150-155 Calls for quick-strike trade opportunities and our idea worked very nicely.

Regardless of which strike price was chosen in our selected range, the chances for considerable intraday profits were on the table. The potential gains on the day were as follows:

$150 Calls – Range: 2.30-4.10 – Max Gain: 78%
$152.50 Calls – Range: 1.00-2.07 – Max Gain: 107%.
$155 Calls – Range: .28-.69 – Max Gain: 146%


Marathon Patent Group, Inc. MARA

We also want to talk about MARA this morning, as we’re noticing an interesting chart setup currently in effect. The laast time we mentioned the stock was in July, and while we were a little early to party as it was still searching for a bottom, it didn’t take more than a few weeks for the stock to ultimately establish support and launch a rebound off a low of .22.

Since that time, the stock has made a nice move to the tune of 127% as it reached a high of .50 this week. We’re going to look out closely for a potential breach of a previous resistance point at .56, after which the stock could see another leg-up. As you can see on the snapshot below, the MACD is executing a bullish cross while the RSI shows MARA about to break into the Power Zone.


Extended Watchlist:
AZRX, AVGR, DYNT, IMNP, HTBX, GNCA, MARK, TRPX

Blue Horseshoe Stocks: IZEA, ITUS Recaps & More

ITUS Corp. ITUS 

We included a tag of ITUS in this past Thursday’s premarket report, after noticing the stock’s liquidity and price action increasing in a big way in the sessions leading up to that.

Despite already seeing big moves to that point, it was just the start for the excellent run made by this stock in the last three sessions. We observed a low of 1.92 in ITUS on Thursday, and yesterday the stock reached a new high of 4.30. That represents a three-day swing of 124%

Volume over the same period has been vastly greater than average. The whole trend was catalyzed when the company updated shareholders on its cancer detection technology, on the morning of our initial alert.


Helios and Matheson Analytics, Inc. HMNY

We’ve been tracking HMNY since  August 15th, where-after we witnessed a low of 2.42.
We were just mentioning this, and the fantastic multi-bag moves the stock has made since, in yesterday’s premarket report. We also mentioned that based on the previous close, that we’d “look for the continued establishment of higher highs and higher lows.”

Despite already having gone up so much in the course of the last five weeks, the stock’s excellent performance yesterday did push it to new highs yet again. In fact, it streaked all the way to 9.65, representing an overall move of 299% since we began tracking its activity.


IZEA, Inc. IZEA

We also want to reiterate our signal on IZEA yesterday, which made a move of 40% in trading up from its morning low of 4.54 to a high of 6.35. It was a respectable gain, but this morning the stock is gapping up and pushing the $7-mark, so we’ll jeep our eyes peeled for the possibility of a more sustained uptrend.


Apple, Inc. AAPL – Options Idea

With the hint of a reversal and rebound after a rapid weeks-long selloff in AAPL, combined with a premarket gap-up this morning, we’d like to signal a range of AAPL calls to coincide with the activity and possibly help us find some quick-strike trade opportunities. We’ll radar the AAPL Weekly $150-155 Calls to try to do just that.


Extended Watchlist:
INPX, ASNA, MBRX, CDXC, FCSC, TEUM, MYSZ

Blue Horseshoe Stocks: PZRX Review & More

PhaseRx, Inc. PZRX

It seems like most of the big runners we’ve caught up with in recent weeks have been pharma plays of one type or another, and that trend continued yesterday. PZRX was the standout performer from our premarket watchlist, trading in a rather impressive range throughout essentially the entire session.

The stock saw an early low of .82, and surged continuously up to a high of  1.55 roughly an hour before the close. It worked out to an intraday swing of 89% and came on fantastic liquidity, with more than 43X the monthly average volume flowing through the PZRX.

The stock closed with strength in the high 1.20’s and is inching back into the 1.30’s in the premarket. The move was catalyzed by the company’s 2nd drug development candidate, PRX-ASL, for the treatment of ASLD, a rare liver disorder, has received orphan drug status by the FDA. (>>View PR)

.We’ll continue to track its activity and look for higher lows and higher highs as we head into week’s end.


Iconic Brands, Inc. ICNB

We tagged ICNB as a bottom-watch play early in the week, and have begun to see the rebound that we were looking for.

We subsequently observed a low of .0058, and yesterday with the stock reaching .008, it marked an intraweek swing of 38% Once again, we’ll be looking for the establishment of higher highs and higher lows in forthcoming sessions.



SeaDrill Ltd. SDRL

Speaking of excellent bottom calls, we’ve had an even better one in SDRL. We highlighted this one in our report last Wednesday, after which time we observed the stock at a low of .22. Yesterday it attained a .62 high, representing an upswing of 182% over the span of just a few sessions. Once more, we’ll be looking out for a more sustained recovery


Anadarko Petroleum Corp. APC

We want to put a few sets of options contracts from the APC chain on watch today after noticing the annoucement of a massive share buyback program by the company to the tune of $2.5B, effectively reducing the number of outstanding shares by 10%

The stock has tested an area of recent resistance as a result in premarket trading. We’re going to radar the APC 09/29 $47-48.50 Calls, and watch them into next week.


Extended Watchlist:
VEON, BCRX, ITUS, EGO, ESNC, ABUS, BSTI