23Jun10:52 amEST
Hot Tamales for Breakfast
More often than not we spend most of our time focused on the major indices, leading sectors, mid or larger cap stocks which trade with good liquidity, and the generally significant parts of the market.
At times, though, we look downstream for some more speculative ideas.
This morning, for example, two plays stand out: The micro cap gold exploration firm AAU participating with its larger gold miner brethren and recapturing its 200-day moving average, seen on the first daily chart, below.
And INPX as a contact tracing app pertinent to the recent outbreaks of the Coronavirus in various states, seen flagging nicely on its 10-minute chart, second below.
If you are looking for more speculative action and have the tolerance for it, both of these plays are noteworthy and should be stalked today for further strength. If these are too hot to handle for you, you simply take a pass and do not think twice about it.