Trading Journal for 5/6
6:22AM: SPX futures are flat at 4160. MITO is gapping up 72.5% on news of data on their treatment for macular degeneration; it’s a cheaper stock at $2.04. Otherwise, I don’t see any other good looking gappers. It’s been slow for a while, but in the last week, volatility has picked up a bit.
6:33AM: MITO is moving at the open. It’s more thickly traded than I would like though.
6:36AM: MITO has sold off back down to VWAP.