Blue Horseshoe Stocks: MVIS, IBIO Recaps, Options Ideas & More

Monday’s Watchlist Movers

iBio, Inc. IBIO – A quick search of IBIO in our archives reveals a lengthy history of mentions. We have definitely seen some impressive moves from this play in the past. History tends to repeat itself, and did so once again as IBIO stood out on yesterday’s extended watchlist.

The stock made a solid intraday move, trading in a range from .72-.89. That was good for gains of up to 24%, and the move came on great-than-average volume. We’re going to keep a continued watch on this play; if it manages to break through its recent resistance area around 1.00-1.05, things could get very interesting from there.

Microvision, Inc. MVIS – This one appeared in yesterday’s gap-up watchlist, and it too would make a modest, yet solid move. The stock made a continual move-up in the first two hours of trading, rising from a low of 2.88 to a HOD of 3.44. That marked out an intraday gain of 19%

Morning Gapper Watchlist

These stocks are hitting our scanner today as they gap up in the premarket, and we’ve got options ideas corresponding to each:

Esperion Therapeutics, Inc. ESPR has released top-line results on one of its studies, noting that the trials have met their primary endpoint. In light of that, the stock is up big in early trading this morning. This is going to be a situation we’ll want to monitor as the session commences.

Options Ideas: ESPR 04/17 $90 Calls (Last traded at 3.50) for a longer-term swing trade idea. For shorter-term day trading opportunities, we can look to play in-the-money Weekly Calls, in the event that any dip and rip scenarios present themselves.

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American Airlines Group Inc. AAL announced today that it will now be listed on the S&P 500, and as a result, it’s trading up in the premarket. 

Options Idea:AAL 04/02 $55 Calls (Last traded at .23)

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Apple, Inc. AAPL is also opening up new avenues as it prepares to join the Dow Jones Industrial Average. It will replace AT&T(T) officially at the end of trading tomorrow. It too is gapping up in the premarket.

Options Idea: AAPL 04/02 $129 Calls (Last traded at 1.01)

Propanc Health Group Corp. PPCH

PPCH had already made a substantial move prior to our mentioning it in our daily report for the first time last Thursday. On that day we would witness a low of .0126, and in the few sessions since, the stock has begun to make yet another run.

Yesterday, PPCH topped out at a daily high of .027, which marks a 114% swing over our observed low.

Extended Watchlist:
IJJP, LLBO, BDE, GLUU, ARTX, NBY

Blue Horseshoe Stocks: RUSS Recap, Gap-Up List & More

Direxion Daily Russia Bear 3X ETF (RUSS)
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A few weeks back, on February 23rd, we radared the RUSS, which is a fund that trades with an inverse relationship with the Russian economy.

The past week has been particularly troubling for Russia, as its central bank slashed the primary interest rate by a full percent while revealing that its growth forecast predicted a shrinking of the economy by as much as 4% this year.

These and other economic curve-balls, including the continued lag in oil prices, have fueled a healthy rebound in the RUSS from the recent low we observed at 11.22. Friday’s high of 15.77 marked a 40% swing in a matter of eight trading sessions.

With some holding the belief that an even more severe and protracted economic meltdown could be in the cards for Russia, we’ll want to monitor RUSS on an ongoing basis.

Morning Gapper Watchlist

These are a few stocks that are cropping up on our scanner this morning as they gap up in the premarket. We’ll be on the lookout for the possibilities of continued momentum and/or dip-and-rip scenarios:

Microvision, Inc. MVIS  has been in blue-sky breakout mode for the past several sessions, and is gapping up today on the heel of the following PR:

Midstates Petroleum Co. Inc. MPO  is trading up in early activity this morning on a Q4 earnings and revenue beat:
Odyssey Marine Exploration, Inc. OMEX  is also up considerably, following Friday’s news of its entry into a financing agreement to facilitate offshore mineral and resource exploration.The company also has an earnings conference call slated for 10AM today, to discuss the contents of this morning’s filings:

Extended Watchlist:
IBIO, CERS, ACRX, ITEK, CTIC

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: QIHU Update & More

Qihoo 360 Technology Co. Ltd. QIHU – Options
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  On Tuesday, we floated a few options-trading ideas for QIHU, which had been trading up off of its recently registered annual lows in anticipation of the company Q4 earnings call. Despite positive figures the stock trailed off, however it reversed itself yesterday, lending strength to our short-term options targets.

We outlined our interest in the QIHU Weekly $48-49 Calls, and both sets of contracts enjoyed highly notable gains as QIHU traded in a range from 45.17-47.22. As a result, the $48’s increased from a daily low of .35 to as much as .75, marking a move of 114%

The $49’s fared quite well also, rising from a low of .25 to a subsequent high of .42, for total possible intraday gains equaling 68%

While our longer-term idea of the 03/27 $50 Calls were still too far from the money to begin a move of their own, we’re going to continue monitoring those over the next few weeks as the stock may not yet be done trending up. One particularly apt outlook report on QIHU comes from UBS analysts, who recently upgraded their price target for the stock to $85/share.

Added Note:

This week has been a good one with regard to stocks being discussed in our trader’s *chatroom, and serves as a good example of why we invite our readers to participate.

First, Propanc Health Group Corp. PPCH, which ran an incredible 483% after one of our members brought it forth on Tuesday, we saw some of that momentum carried into yesterday. Starting out the day at .0237, the stock spiked to a subsequent high of .042 for an intraday gain of 77% before consolidating into the close.

Also a topic of conversation in our *chatroom yesterday was Hear AtLast Holdings, Inc. HRAL, and it too caused quite a stir on its chart. From an early low of .0014 (9:34AM EDT, two minutes after we tagged it in the room), HRAL rocketed its way to a high of .0055; a 293% intraday rip!

*Want to get involved with our daily trading chats? Simply add “stocksumo” as a contact on Skype and request access. It’s as easy as that!

Extended Watchlist:
SDRL, LEVY, PVCT, MHR, GFN

Blue Horseshoe Stocks: Mid-Week Review

Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)

Yesterday marked the third consecutive day that we had been tracking the JDST ETF, and the third consecutive session that we witnessed a northerly move. From an early low of 14.07, it would go on to attain a daily high of 17.42 on volume that exceeded the 3-month average by nearly 2M shares. That worked out to a solid intraday run of 24%

As measured from the low we observed following our initial alert on Friday morning (11.40) to yesterday’s peak PPS, the JDST has risen 53% overall.

As we’ve previously mentioned, due to the nature of the fund, extended success for the JDST is contingent upon continued hardship for gold, which continued to flirt with its 3-month lows yesterday.

Side Note:

By now, our regular readers are aware of our trading chatrooms*, which have have turned up prime opportunities in the past due to reader participation. Yesterday, we were treated to an excellent idea from ‘Tango’ in the form of PPCH:

Following this exchange, PPCH traded in a monstrous range from .006-.035, a 483% intraday rip!

Incidentally the company also has news out this morning:

MELBOURNE, Australia, March 11, 2015 /PRNewswire/ — Propanc Health Group Corporation (PPCH) (“Propanc” or “the Company”), an emerging healthcare company focusing on the development of new and proprietary treatments for cancer patients, today announced fresh new insights have emerged into the development and spread of carcinomas >> FULL PR

*Remember, any readers who’d like to get involved in our trading chats in the future can do so easily! For either the Premium or the free chats, simply add “stocksumo” as a contact on Skype and request access!

Extended Watchlist:
BLRX, ARCP, CYTX, ISR

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