Blue Horseshoe Stocks: AMBS Recap & More

Amarantus Bioscience Holdings, Inc. AMBS

AMBS is a stock we’ve been quite familiar with in the past, and we recently turned our attention back to the stock, tagging it in both Friday’s and yesterday’s premarket reports. What has transpired is a solid two-session surge.

Friday saw the stock run from .66-.81 (+23%), and yesterday the bullish trend strengthened as AMBS traded up from .72 to a new high of 1.47. That went down as an intraday pop of 104%, and extends our total observed range in just two trading days to 123%

We want to continue to keep our eyes peeled for further activity in AMBS throughout the remainder of the week, as this morning’s PR regarding positive clinical results adds to its near-term potential significantly.


VitaCig, Inc. VTCQ

VTCQ was a continued point of focus for us in yesterday’s morning report. We initially tagged it last Wednesday morning, and had already tracked it over an impressive 245% range from .0042-.0145. The stock kicked off this new trading week in volatile fashion, first running 57% from .0159-.025, followed by a dip-and-rip as it came down to .0134 before ripping back to .0195 (+46%).

Yesterday’s high marked a bullish swing of 495% over the low we witnessed late last week, in a matter of just three sessions!


Agritek Holdings, Inc. AGTK

Speaking of dip-and-rip action, another of the stocks we highlighted in yesterday’s newsletter was AGTK, and it too recorded multiple moves during yesterday’s trading.

It flew out of the starting gate from .0013 and nearly made a double-bagger as it soared to .0025, for an initial pop of 92% That was followed up by a drop down to .0017 before its third reversal on the day carried it to a new high of .0028. That second move amounted to 65% and the total range from the daily low to the high came out to 115%


Extended Watchlist:
EFUT, TPAC, GEQU, BCCI,

Blue Horseshoe Stocks: VXX Options & More

iPath S&P 500 VIX ST Futures ETN (VXX) – Options

We were just mentioning our daily live trader’s chats* in yesterday morning’s report, so we thought we’d give our readers another peek into the activity that goes on in the room. Yesterday around lunchtime, as you can see from the included screenshot below, we were observing the market action caused by the FOMC meeting that was in session at the time.

We noticed new highs in the VXX and signaled our interest in the $19 Calls. We also looked at the SPY, which generally trades inversely to the VXX, and alerted on the $207 Puts; both ideas worked quite well. The VXX $19 Calls ran from .49 to 1.52, a 201% intraday pop. The Spy $207 Puts also offered a nice opportunity as they ran more than 130% from the low 1.30’s to over 3.00.

To follow up with these ideas today, based on premarket activity, we are currently anticipating of a reversal from yesterday’s trends and will thus radar SPY $206-207 Calls, and VXX $20 and 19.50 Puts. However, if the VXX were to break its premarket high of 19.70, it would cause us to flip our targets back to the other side of the fence, so we’ll need to be extremely tuned in once the session gets moving.

*For those that didn’t catch yesterday’s reminder- we welcome any of our readers to get involved with our daily traders chats by sending a Skype contact request to ‘stocksumo’.


Avon Products, Inc. AVP

We’re going to place AVP on watch today as well, due to a number of factors. Setting aside the potentiality of an upcoming buyout of its North American business which has met with some resistance (View Article), AVP is setting itself up one heck of a chart. In today’s premarket trading the stock has breached the resistance line we identify on the following snapshot. There appears to be a good chance to see AVP add to its recent gains which have been fairly steady in recent weeks.

Despite public dissent from one of its large stakeholders, it appears that AVP will still attempt to move forward with their exploration of a proposed buyout (View PR), so it will be very interesting to track this play as that story continues to unfold.


Extended Watchlist:
KBIO, MKAU, HCTI, BCCI, AMBS, ABHI (Bottom-bouncer)

Blue Horseshoe Stocks: Options, MHRC Updates & More

Magnum Hunter Resources, Inc. MHRC

We’ll kick things off this morning by updating everyone as to the status of MHRC, which we placed in Monday’s premarket report as a bottom-watch play. We really couldn’t have timed our alert any better, and after registering a low of .021 Monday, the stock has made continuous progression throughout the week.

Yesterday, after seeing a low of .0257, MHRC ran as high as .0337, marking an intraday move of 31% As measured from our observed low on Monday, yesterday’s high represents a three-session swing of 60%

We’ll continue to remain interested in MHRC in sessions to come provided it continues to establish higher lows as it has been doing. As we’ve pointed out on the following chart snapshot, a number of factors lead us to believe that upside potential remains high with this play. The stock was beaten back vigorously earlier this month, and there are even a couple of gaps to fill on the chart.


Options Updates

We’d now like to update our readers on our options ideas from Tuesday, which included targets in the WMT and HD chains- Yesterday we stated our belief that action in WMT and HD stocks could provide options traders with further opportunities for swing trades and as it happened, we were right. 

Walmart-Stores Inc. WMT – For WMT the bullish run continued, and some of the contracts we were observing recorded substantial intraday moves. Possible gains ranged from the $58 Weekly Calls, which traded in a range from 1.81-3.06, allowing for gains of up to 69%, to the $60’s which ran from .26 to 1.16 for a huge 316% rip.

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The Home Depot, Inc HD executed a textbook dip-and-rip rallying into the close, and all of the contracts we originally signaled made big swings:

$123 Calls – Trading Range: 2.10-3.55  – Max Gain: 69%
$124 Calls – Trading Range: 1.30-2.55  – Max Gain: 96%
$125 Calls – Trading Range: .72-1.73 – Max Gain: 140%
$126 Calls – Trading Range: .33-.99 – Max Gain: 200%


Wednesday’s Other Notable Moves

In addition to the preceding plays, the following pair also made some solid intraday pushes after appearing in our morning report:

Axion Power International, Inc. AXPW turned in a nice intraday performance as it ran from a low of 1.10 to 1.60, for gains of up to 45% on nearly ten times its 30-day average volume.

Advanced Defense Technologies, Inc. ADCF ultimately ended taking a pounding into the close, but before that happened, it made a noteworthy pop straight out of the starting gate, running 39% from .0079 to .011.


Extended Watchlist:
BCCI, IDOI, JAMN, EFFI, NUVI, MARA

Blue Horseshoe Stocks: Fresh Options Ideas & More

Premier Biomedical, Inc. BIEI

The big standout from the group of plays that we posted for tracking in yesterday’s premarket report turned out to be BIEI, a stock that we’ve had on our radars since the end of last month. During a period where stocks have been uncharacteristically sluggish, we’ve still been managing to identify some prime movers.

After word circulated about the company obtaining patent rights to an interesting method of disease treatment, the stock began to run from an early low of .003, and hitting a high of .0084 well into the afternoon. Not only did this 180% intraday burst happen over a period several hours, giving plenty of folks the chance to get in on the action, but a majority of the daily advances were held into a strong close at .0077.

Trading volume was heightened as well, with the stock trading more than eighteen times the three-month running average. Based on that activity we’d classify BIEI as a momentum play, thus it will remain on watch. The stock will need to maintain support at Friday’s swing high of .004 on any pullbacks in order to hold our attention.


Fresh Options Ideas

After the rousing success of Friday’s epic options plays which yielded multiple chances at gains ranging from 230% to more than 990%, we think it’s about time that we formulate some new ideas to fit present conditions.

We’ve got a couple of early runners in Walmart-Stores Inc. WMT and The Home Depot, Inc HD, both of which are gapping up considerably in the premarket on the strength of Q3 earning beats. We’ve done exceptionally well playing the dip-and-rip on plays like these, and with the markets in general experiencing a rally this morning, we like our chances of seeing some notable intraday moves out of contracts in the following ranges.

Walmart-Stores Inc. WMT Weekly $58-60 Calls

Home Depot HD Weekly $123-126 Calls


Extended Watchlist:
CDNL, BCCI, EFUT

Blue Horseshoe Stocks: BHRT Recap & More

BioHeart, Inc. BHRT

Amid our recent and ongoing success with options trading ideas, we’ve also managed to signal a few winners in the subpenny arena, and BHRT is one to add to that list following yesterday’s session.

We tagged BHRT for observation and immediately witnessed a textbook dip-and-rip pattern which led to an impressive intraday swing. The stock bounced off of support early at .0009, and subsequently rallied to a daily high of .0016, representing a 78% move.

We caught BHRT at an opportune moment, with the stock having just found a new 52-week low on Friday. We’re going to want to keep monitoring this stock for signs of an extended rebound; registering higher highs, and higher lows as the week progresses. There are a number of ripening indicators on the chart, as can plainly be seen below:


Fresh Options Ideas

We’re going to tracking some new weekly options contracts after taking a look at the landscape of the market this morning. We’re right in the thick of another earnings season, and as we’ve mentioned on several occasions, that is the perfect time for quick-strike options trading.

Trends have a tendency to be more predictable during times such as these; earnings-beat gap-ups can and have led us to some serious dip-and-rip winners in the past.  As usual, we provide the range of contracts wherein we believe the greatest action will occur for each play:

Alibaba Group Holding Ltd. BABA – BABA is gapping up in premarket trading in concurrence with an Q2 earnings beat today. In response, we’re going to signal BABA Weekly $77-81 Calls, and as we just mentioned, be looking out for a classic dip-and-rip.

Apple. Inc. AAPL –  AAPL has an established history of running into earnings, which are incidentally slated to hit the wires after today’s closing bell. Yesterday, the stock pulled back and we’re already seeing a moderate gap-up this morning. We’re going to radar the AAPL Weekly $114-116 Calls for possible day-trade opportunities, as AAPL may run into the close in anticipation of earnings like we’ve seen so many times before!


Extended Watchlist:
ORPN, VGID, BIEI, NTFU, BCCI (Bottom watch)

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