Scan for 05/15/20 From Nate

by | May 14, 2020

Honestly I don’t have any A+ set ups tomorrow

So, let’s see what tomorrow brings. There will be plenty we’ll bring it down to a few off open – but let’s zone in pre market and make it happen.

Main Watches:

GNUS vote midday – this *should* pardon my french — be a shit show. Disaster waiting to happen but hopefully too many are positioned ahead and they squeeze everyone out then give the big play. I’ll be looking to trade it like MARK.

ACB nice move AHs – thinking we could have some big moves both ways – more comments in AM

DKNG good vol but looking to fade it when it’s time. When sports / head lines open up etc. it’ll prob get some good staying power but I could see a shake out sub $22 near term. It’s tough though – VTIQ SPCE MRNA style where it looks poor and then rebounds on air.

VTIQ lets see where we open and make a plan from there.

Failed Follow Through:

OSTK higher better – looks like a seller at $20 – check daily.

APDN prob ends up $10-11 tomorrow just will be boring and gap down more than likely. I’ll fade it cautiously if it stays heavy.

CODX likely over. Don’t underestimate the unwind. Even with a huge gap down I think the edge will be to the downside $1-2 on decent size.

AIM higher better looking for failed follow through trade.

ALT same as above higher better and fade. RESPECT TREND.

APT actually my TOP / FAVORITE failed follow through I could see this sitting RIGHT back to where it came from today. Maybe $2-3 fade tomorrow.

GSX would lean if stays heavy.

Continuation:

VVNT put small swing on today. CEO buying.

VBIV possible big picture idea break out $2.50-3 off dips 2-4 week kinda play.

Staying Familiar:

Will put price alerts for these names.

8 Comments

  1. Nate, I live on the west coast in Cali and work night shift as an aerospace welder. Get home around 1:15AM, sleep and about 3 hours later I wake up to trade the markets for the first 4 hours and get a nap in before going back into work. These scans are tremendously helpful since the only real scanning and planning I can do is on weekends for Monday. Thank you so much for doing what you do along with your team and providing such a dedicated service. It’s highly appreciated.

    -Artin

    Reply
    • Which stocks did you trade from this list?

      Reply
      • Nothing off this list today. Not necessarily trading Nate’s ideas every time but seeing where his mentality is helps me understand the market better.

        Reply
  2. Thanks Nate.

    Reply
  3. Thanks Nate

    Reply
  4. Thanks Nate I have trouble locating borrows for most of these stocks as they are HTB at minimum. is there a way to include one or two scan once in a while thats not HTB?

    Reply
    • You can get a good broker instead. I post what I plan to trade.

      Reply
  5. SRNE made the day on Friday should one start to look for shorts hard to find at IB THANKS

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *