Hello Oxen Report readers. We are in full swing with our earnings season, and it is time to get excited about the beauty of the Overnight Trade. With so many options, it is hard for me to find those opportunities for major growth. We started this week off with a solid Week Long Play in Align Technology Inc. (ALGN). We got involved in ALGN at 18.50, and we were looking for a 3-5% increase for an exit, which would put us at 19.06 – 19.43. The stock has made its move upwards to a high of 18.90, but we have not quite gotten to the promise land just yet. We are continuing to hold, and with some important companies reporting tonight, tomorrow could be a big day if it doesn’t hit 19.06 by today. We will want to say involved with ALGN until Friday morning at 9:30 AM at the latest.

Now, we move into our Overnight Trade opportunity… 

 

Overnight Trade: Suncor Energy Inc. (SU)

Analysis: IN PROGRESS

Entry: We are looking to get involved in SU at 34.00 – 34.10.

Exit: We are looking to exit at the open of tomorrow’s session for whatever gain or loss.

Stop Loss: None.

 

Good Investing,

David Ristau