Good morning! First, today”s Livestox

By Rod David | January 21, 2015 - 9:59 am

Good morning!
First, today”s Livestox is at 10:45 AM ET. Look for login instructions after the open.

Second, the market”s overnight pullback just recovered entirely by a surge. Its catalyst was leaked plans for tomorrow”s ECB policy statement. Although criticized for being too small, the leak at least confirms some action is forthcoming.

Livestox will look at that, and at actionable stocks along with updating older coverage, including:

FEYE — Bouncing back from its test of 31.50-32.65 support, tested 33.95 resistance yesterday. Closing above 33.95 today on expanding volume would likely rally into and out of the weekend.

GWPH — Its pullback into expiration attacked 72.50 support. Closing today above 76 on expanding volume would make the 82.25 resistance test likelier. But the bounce potential is reduced after today.

NFLX – Expiration closed above 328.35 resistance, avoiding yesterday”s strong post-close reaction to earnings. Upside potential to 404 or 414.

ARNA — Testing the lower-end of its 4.90-5.15 pullback limit.

Monitoring TSLA, AMZN, PCLN, HAL, ISRG, SBUX, Z, GSK, TRTC, TAUG

Posted in Bigger Picture