Blue Horseshoe Stocks: MARA, AVEO Recaps & More

Marathon Patent Group, Inc. MARA

Our initial alert on MARA came on Thursday morning along with a low of .22, as we were just mentioning in yesterday’s premarket report. We had already seen a 100% move on Friday leading into yesterday’s session. We mentioned that MARA could see the .50 range or better yesterday before the session kicked off, and it’s as if we had a crystal ball.

MARA ran from .3718 – .5515 on the day, a 48% push, extending our total observed range on the stock from last Thursday until now, to an impressive 151%


AVEO Pharmaceuticals, Inc. AVEO

After signaling AVEO on Friday morning and watching it set a new 52-week high on the day on enormous volume, we doubled down in yesterday’s report, stating that we wanted to continue to track its progress for continued upward activity, and it was good thing we did.

AVEO wasnt finished, and yesterday’s session was the strongest performance we’ve seen yet. The stock ran fom 1.33 to 2.11 for a 58% intraday rip, and a total two-session swing over our observed low on Friday (1.05) of 100%


Rennova Health, Inc. (Warrants) RNVAZ

We tagged RNVAZ in yesterday’s premarket watchlist, and it turned out to be a great play for the day. It traded up from a low of .05 to as much as .1446 inside of the first 40 minutes of the session.

That worked out to an intraday pop of 189% and it happened on a daily volume of more than 21X the monthly average.


Darden Restaurants, Inc. DRI – Options Idea

DRI (owner of Olive Garden) posted boosted sales and outlook in an impressive earnings beat, and we want to signal a range of options to coincide with what could be a surge of bullish activity. We’ll be focusing our attention on the DRI 07/21 $90-97.50 Calls for potential swing trades.


Vivint Solar, Inc. VSLR

We tagged VSLR back on May 18th at a low of 2.75. On Friday, we were just mentioning how the stock had continued to bull its way up the chart, and we’ve yet to see a down day in nearly twenty trading sessions.

Yesterday VSLR hit a new high of 5.85 marking a total swing of 113% over our witnessed low, and closed at that mark as well. At some point very soon the growth will become unsustainable, granted how overbought the stock is at the moment, but for what it’s worth, to this point, VSLR has been one of the most steady risers we’ve seen in recent weeks.


Extended Watchlist:
ABIL, DXTR, NVIV, SYN, IGC, PTN

Blue Horseshoe Stocks: ANY Review & More

Sphere 3D Corp. ANY

We’ve often said in the past that it’s better to be early to the party than late, and ANY is a perfect example of why. We tagged this play on Wednesday after noticing some unusual activity the previous day, and things didn’t really kick off right away. We observed a low of .15 during that session.

Yesterday is when things really moved into high gear, with the stock having an excellent day, trading in a range from .1941 on up to .29 for a 49% rip, and we’ll definitely want to keep tracking the activity into today, as the premarket high has equaled yesterday’s daily high.

From the low of .15 that we saw on Wednesday, ANY’s total upswing thus far has amounted to 93% Quite a respectable two-day jump.

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Vivint Solar VSLR Recap – Speaking of solid movers, we also wanted to quickly update the total observed range we’ve seen on VSLR, which reached a new high of 5.50 yesterday. From our witnessed low of 2.75 following our report on the morning of May 18th, that comes out to a nice, round 100%


AVEO Pharmaceuticals, Inc. AVEO

We want to radar AVEO in the wake of the announcement that its advanced renal cell carcinoma treatment has been recommended for EU approval by a scientific committee of the European Medicines Agency. The stock has gapped up into Blue Skies this morning as a result, with a new 52-week high of 1.28.

Concerning the chart itself, the 50DMA is rising toward the 200DMA and it appears as if a Golden Cross is imminent.  We’ll want to see AVEO hold at or above recent resistance at .89 on any dips in order to hold our interest.


Bed Bath and Beyond, Inc. BBBY – Options Idea

We’re bearish on BBBY following the company’s post-market earning miss yesterday, which has caused a breach of trend-line support to the low side. We’ll be observing the BBBY Weekly $31.50-30.50 Puts* for possible day trade opportunities.

*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every time. Trading weekly options at the end of the week is a hugely risky proposition that should never be attempted unless you are an expert trader! 


Extended Watchlist:
DTII, IDRA, TROV, AKS, FALC, BDSI, MARA

Blue Horsesehoe Stocks: New Highs on DCTH & More

Delcath Systems, Inc. DCTH

We brought DCTH back into the fold in yesterday morning’s premarket report, and it wasn’t a moment too soon. We mentioned our prior alert on the stock from last Monday. after which we would see a low of .0413 and subsequent run to a dime leading into yesterday’s session.

Then things really kicked into motion, with DCTH ripping its way from a daily low of .1037 all the way up to a whopping thirty cents! That worked out to an intraday bull run of 189% and extended our overall observed range from last Tuesday’s low to a mammoth 626%

That range has been extended even further to 745% in the premarket this morning as DCTH has hit a new high of .349. Unsurprisingly, volume over this period of huge gains has also been extremely heavy. We’ll continue to monitor DCTH in the hopes that it can sustain this fantastic multi-day run.



Vivint Solar, Inc. VSLR

In addition to including a remind tag on VSLR in yesterday’s report, we initially alerted this play on May 18th, and it’s been nothing but smooth sailing since then, en route to some pretty nice gains.

On the morning of the 18th VSLR touched a low of 2.75 and it never looked back. Yesterday, it managed a new high of 5.30, which represents a move of 93% over the course of roughly a month’s time. The sudden extra boost it received this week coul be due, in part, to a Goldman Sachs upgrade from Neutral to Buy on the stock and the raising of the price target to $6.


Adobe Systems Inc. ADBE – Options Idea

Adobe had its Q2 earnings call yesterday post-market, and blew expectations on the Street out of the water. As a result the stock is gapping up considerably this morning in the premarket, and we’d like to have an options idea ready and waiting to take advantage of the commotion.

We’ll radar the ABDE 06/30 $147 & $148 Calls and track them over the remainder of this week and possibly into the next.


Extended Watchlist:
ANY, AMD, BIOC, BDSI, DRAM, ITUB, MBRX

Blue Horseshoe Stocks: Huge Day for MYO & More

Myomo, Inc. MYO

We were just mentioning yesterday to kick off the week, how our mention of MYO in Friday’s premarket report. and how it had run from 10.10 to 18.20 for an 80% move on big volume. We stated our ongoing interest in the stock, and even cautioned that a dip-and-rip formation could materialize early on before MYO went on to confirm its status as a multi-day runner.

We don’t own a crystal ball, but you might have had a hard time believing that yesterday. The stock behaved precisely as we suggested it may, pulling back slightly in the first 15 minutes of the session before embarking on a day-long bull run to new highs.

MYO dipped to 14.51 before ripping its way to 23.20, for an intraday push of 60% and a two-session swing from our observed low on Friday (10.10) amounting to 130% We can’t remember the last time we called a ten dollar stock and saw it record a double-bagger inside of two days, but it doesn’t happen very often for stocks trading at a high multiple. Cheers to anyone who was along for the ride!


ReWalk Robotics Ltd. RWLK

We also want to give ourselves a quick pat on the back for spotting RWLK  in the premarket yesterday and including it in our report. The stock had just begun to inch up on Friday, but yesterday its run realy kicked into gear.

RWLK ran from a low of 1.40-1.95 for a modest yet solid intraday pop of 39%, but that figure has been notably extended in the premarket this morning with a new high of 2.10, which pushes our observed range in under 24 hours to an even 50%

We’ll look for RWLK to establish higher highs and higher lows once again to confirm it as a multi-day runner and stay interested in tracking it moving forward.


Delcath Systems, Inc. DCTH

We also want to do a recap of DCTH, which we last mentioned at the beginning of last week on the 12th. Subsequent to that report, we observed as DCTH saw a low of .0413 the following day. Despite having a little trouble breaking through resistance in later sessions, yesterday did the trick as the stock hit .10, marking a move of 142% in the span of one trading week.


Enphase Energy, Inc. ENPH

ENPH has slowly but surely been making some headway in coming up off of its annual lows established in May, but this morning the stock is gapping considerably, into the ninety-cent range.

We want to place this stock on watch in the wake of what we believe to be the catalyst for this activity – an Edgar filing alluding to a “Master Licensing Agreement” the company granted to Flextronics Industrial, Ltd. (>>View 8-K)


Extended Watchlist:
LPCN, VSLR, VVUS, SPEX, NK, CFMS

Blue Horseshoe Stocks: SNDX Recap, Options & More

Syndax Pharmaceuticals, Inc. SNDX

Despite the markets getting crushed yesterday we managed to find and tag in our premarket report, what would ultimately be the NASDAQ’s top gainer of the day. SNDX had been gradually coming up off a bottom in the few sessions prior, but yesterday things really kicked into gear.

It traded in a range from 10.76 to 15.335, a fantastic intraday move of 43% which is really impressive for a $10+ stock. That move inside of the first 90 minutes of the session. That was followed by a dip-and-rip pattern from 12.16 and back to 13.62; a 12% rebound into a strong close at 13.58

The stock traded 56x its 30-day average volume yesterday, and held more than half of its daily advance, so we’ll be treating this as a potential momentum play as we head into week’s end, looking out for higher highs and higher lows out of SNDX.


Fresh Options Ideas

Speaking of the markets getting crushed, it appears as if we may see a continuation of that pattern today, so we want to have a few sets of options ideas to fall back on in the event of a continued slide.

Alibaba Group Holding Ltd. BABA – BABA had been on an incredible bullish run for the better of part of 2017 thus far as you can plainly see on the chart snapshot we’ve included here. You can also see that the strength index is sharply declining after having recently been indicating the stock was extremely overbought.  We can also see the MACD pinching toward a bearish cross.

That’s why, along with an earnings miss in the premarket and the overall current of the markets as a whole, we’re looking at the BABA Weekly $120-117 Puts for potential quick-strike swing trades.


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SPDR S&P 500 ETF Trust (SPY)  – Also in the vein of our general bearish view of today’s overall conditions, we want to line up a set of SPY Puts for observation. Our regular readers know that the SPY is one of our favorite market analogs, and has been a wellspring of gains for us on the options front when we correctly gauge investor sentiment.

Today we want to put the SPY Weekly $237-235 Puts on watch, as a sustained tumultuous period for stocks would likely produce some good chances for us there.


Extended Watchlist:
P, GLYC, CYTR, ETRM, XGTI, VSLR