Watchlist - 12/27/2017

Selecting Stocks and Analysis


I’ve noticed Litecoin has not been super volatile since Christmas eve. It’s been trading in a channel between $270 and $285.

$MARK

Always has a small dip in the morning then a decent sized bounce. I want to mainly try and trade this one today because I always miss it.

Float: 19.45M
Short: 4.49%

$APTO

Watching again for a dip down to $2.00.

Float: 23.77M
Short: 2.05%

$MGTI

Went sideways most of the day. I didn’t buy that random dump midday because it didn’t really feel like it was in the morning.

Watchlist Review

I didn’t see anything that great. I’m guessing the beginning of next year will be a lot better.

$MARK was super illiquid with terrible spreads. I almost dip bought it but the volume was incredibly low.

$APTO didn’t get low enough then just went sideways.

$MGTI had a panic but it too was illiquid. I can’t dip buy it when it’s just slowly grinding down and not making massive drops.

$WATT had a pretty nice bounce off $16.00 but I was too late to buy it.


I’ve decided to just take the rest of the year off since not as many people are trading which causes less setups to work. The January Effect is right around the corner. If it’s anything like last year there will be insane momentum in the small cap stocks. I was not actively trading during that time but I was watching.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.