Market Overview

  • Premarket Up
  • BTC Down
  • Gold Down
  • WTI Down
  • Brent Down
  • Bonds Up
  • Vix Down
  • Brexit Deal Reached
  • NFLX beat the bottom line but growth misses
  • Philly Fed Manufacturing Index at 8:30 AM
  • Building Permits at 8:30 AM
  • Crude Oil Inventories at 11 AM
  • China GDP at 10 PM
  • CRON sky rocket last night AH above 40% to over 11.6. It triggered by over a million shares purchase at $8.40. There was a rumor that Altria buys out CRON but it can't be true as MJ is still illegal in Fed level in U.S.  Logical thinking would be potential buy at the dip by Altria to raise the steak. Bottom line is that it surged with speculation and panicked shorts Squeeze. Even so....this could turn around gloomy momentum.

Flags from Wednesday




Extra


Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.