Premarket Trading Ideas for April 26th: KN, ESRX, AAPL, SRPT

There are days when you shouldnt't trade and wait for market direction and tomorrow its one of those days. Either be sideline or avoid gold and gas stock as they can often change direction and it can be very volatile.

SRPT fails to win FDA panel vote.

SRPT trade set up

Economic Calendar:

Time	Cur.	Imp.	Event	Actual	Forecast	Previous
Tuesday, April 26, 2016
08:30	USD		Core Durable Goods Orders (MoM) (Mar)		0.5%	-1.3%
08:30	USD		Durable Goods Orders (MoM) (Mar)		1.8%	-3.0%
08:30	USD		Durables Excluding Defense (MoM) (Mar)		0.4%	-2.1%
08:30	USD		Goods Orders Non Defense Ex Air (MoM) (Mar)		0.8%	-2.5%
08:55	USD		Redbook (MoM)			-3.1%
08:55	USD		Redbook (YoY)			0.5%
09:00	USD		S&P/CS HPI Composite - 20 s.a. (MoM) (Feb)		0.8%	0.8%
09:00	USD		S&P/CS HPI Composite - 20 n.s.a. (MoM) (Feb)		0.1%
09:00	USD		S&P/CS HPI Composite - 20 n.s.a. (YoY) (Feb)		5.5%	5.7%
09:45	USD		Markit Composite PMI			51.3
09:45	USD		Services PMI (Apr)		52.3	51.3
10:00	USD		CB Consumer Confidence (Apr)		96.0	96.2
10:00	USD		Richmond Manufacturing Index (Apr)		11	22
10:00	USD		Richmond Manufacturing Shipments (Apr)			27
10:00	USD		Richmond Services Index (Apr)			9
10:30	USD		Dallas Fed Services Revenues (Apr)			6.4
10:30	USD		Texas Services Sector Outlook (Apr)			-3.8
11:30	USD		4-Week Bill Auction			0.175%
11:30	USD		52-Week Bill Auction			0.660%
13:00	USD		5-Year Note Auction			1.335%
16:35	USD		API Weekly Crude Oil Stock			3.100M
16:35	USD		API Weekly Cushing Crude Oil Stock			-0.235M
16:35	USD		API Weekly Distillates Stocks			-2.350M
16:35	USD		API Weekly Gasoline Stock			-1.020M

Overbougt Stocks:

Ticker	Market Cap	Perf YTD	Price	Change	Volume	Earnings
ELGX	906.86M	15.45%	11.43	0.35%	1,025,230	May 09/a
TPUB	354.89M	27.19%	11.50	52.93%	4,266,163	May 04/a
OC	5.95B	10.82%	51.91	0.27%	2,016,280	Apr 27/b
CPGX	10.18B	28.65%	25.55	-0.23%	1,865,060	May 03/b
CEQP	1.22B	-4.12%	17.76	-2.36%	1,456,593	May 03/b
MUR	5.77B	52.45%	33.51	-0.45%	5,460,431	May 04/a
NGL	1.13B	25.79%	13.15	-1.35%	1,550,650	May 31/b
BDN	2.61B	11.92%	14.96	1.56%	1,312,473	Apr 20/a

Oversold Stocks:

Ticker	Market Cap	Perf YTD	Price	Change	Volume	Earnings
ALR	3.70B	10.18%	43.07	-0.67%	1,366,416	Apr 27
LMCK	4.01B	-52.73%	18.00	-1.42%	2,399,405	May 09/b
PRGO	15.09B	-31.23%	99.40	-18.09%	30,010,627	Apr 25/b

Most Volatile Stocks:

Ticker	Market Cap	Perf YTD	Price	Change	Volume	Earnings
CRC	830.95M	-7.30%	2.16	-5.26%	23,738,368	May 05/a
RYAM	444.88M	7.89%	10.48	-10.66%	1,677,608	May 02/a
AMD	1.80B	20.21%	3.45	-13.53%	80,565,311	Apr 21/a
KN	1.15B	-2.40%	13.01	-8.89%	3,061,310	Apr 25/a
XCO	363.43M	8.06%	1.34	-3.60%	1,650,667	May 03/a
CLF	695.61M	145.57%	3.88	-10.19%	7,768,031	Apr 28/b

Unusual call:

Volume	Symbol	Expiry	Strike
30368	BK	17-Jun-16	41.0
2565	TLLP	20-May-16	45.0
2511	TRVN	17-Jun-16	12.5
2125	DXCM	20-May-16	70.0
1720	EZA	20-May-16	59.0
1000	AXTA	20-May-16	29.0

Unusual Put:

Volume	Symbol	Expiry	Strike
20062	XRT	20-May-16	44.0
5833	BBD	17-Jun-16	6.0
2137	NWL	17-Jun-16	40.0
2020	CAVM	20-May-16	55.0
1414	BNS	20-May-16	50.0
1006	NUS	20-May-16	30.0

Earning Calendar:

Premarket earnings ABG ABTX ABX ACPW AHGPAIXG AKS ALLY ARLP ASTEATI AVX AXE BAX BAYRYBEAV BLMN BP CAC CAJCIGI CNC CNV CNX COHCPLA CPLP CRS CTG CYNODD DFRG DTE ENTG ETRFBC FCAU FCF FCH FCXFLIR FLWS FMER FRME GKGLPI GLW GPK HBCP HSYHUBB HZO ICLR IIVI IRJBLU JNS LBAI LLY LMTLPT MAS MDXG MHFI MIICFMMM NCI NORD ODP ORANPAG PCAR PCH PEBO PGPH PNR POL PROV RRAI SAH SAVE SCL SFSTSIR SPG ST STAY SUISVU TEN TMUS TRI TROWTWIN UMBF UTMD VBTX WABWAT WDR WHR WYN

Postmarket earnings AAPL AAT AFL AIZ AKAMAKO.A AKR ARAY ARI ASHAXS BEAT BLDP BPMX BRXBUSE BWLD BXMT BXP BYDCHRW CINF CLMS CMG COFCREE CRUS CSCD CUDA CVAEBAY EEFT EQR EW EXACFBRC FE FISI FOE FSBFSP FTI FTNT HAWK HIWHLS HUBG IIN IRBT ISILJBSS JBT KLAC MKTO MRCYMTSI MWA NANO NCR NMIHNUVA O PEI PMD PNRAPSA PSB RHI RMD RNRRNST SGBK SKT SLCA SMSISTL T TEX TMK TRMKTRU TSS TWTR TX ULTIVICR VNTV WNC WRB XZIXI