Not a whole lot on scan tonight - There is a lengthy list of bottom reversals that I like.

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Airline stocks are HOT and holding all gains and will probably make some nice moves here on big squeezes, you’ve got to mark this post and keep them ALL on watch - find one in your price range and go from there, follow the big boards

Airline Stocks Hot Hot Hot - Here’s an Airline Sector Stock Scan

ABK starting to look a bit toppy but then again with the ‘no shorting’ stuff it may squeeze higher than one would expect
MOT from today had a decent short opportunity out of open
WMT had a nice breakout from HERE - which provided a $1/share profit on the breakout

HRP looks pretty bullish here if it breaks and holds the $7.50 level look for continuation, more of a longer term play than anything

PTRY great squeezer nearly 100% gains in the past 2 weeks looking for it to test $20 before I think about the short (unless weakness keeps in before)

MICG - MICG.OB a blast from the past this had ran from these levels to $5 on its first move - anythings possible worth putting it on radar

After suggesting a low $7 area may be a good grab for MBI on the dip yesterday (where it hit $7.04 as a low) and suggesting once it confirms a break over $8 to add there for a bull position here we are today up another 12% or +.93 on the day.

View yesterdays blog HERE - View the previous nights HERE.

MBI looks like a good reversal coming off the bottom, I’d watch for dips back towards the low 7’s, once support kicks in probably pick up a few for the test of $8, on the $8 break I’d probably add to it

Congratulations to everyone is has been playing it! Being the trader that I am I always like to lock in some gains, a near $1.50/share gain from the first grab and a near $.50-60 gain on the $8 grabs. This has squeeze written all over it so I’d be inclined to keep a few shares for that possibility, but not a full stack because after all, we can’t be sure whats going to happen, but we can be sure of profit if we lock some in!

FBTX did exactly as anticipation gapped up out of the open and right back under a buck! ($1.10 down to .80)  You can view that HERE.

FBTX - I’m never a fan of Nasdaq stocks coming up from the sub .50 cent range we’ve had some pretty good success shorting them, watching for this one to gap from some of the carry over momentum and watching for weakness to short on

MOT posted some comments HERE during the morning sell off with thoughts regarding the action to take. So far nearly a .40 cent drop after weakness kicked in at $9.95 when 50k sellers kept crowding the offer.