Novavax (NVAX) - presentation at the JPM conference contained no new information. The biotech is in the process of starting the new Phase 2 study for RSV in older adults. The key numbers for the Q4 earnings report will be whether Novavax can contain expenses. The market remains too bullish.Splunk (SPLK) at the Analyst Day, Splunk provided FY18 guidance below analyst estimates. The stock needs to right size the valuation for the decelerating growth rate. Amazon (AMZN) - watch everybody cheer the addition of 100K employees over the next 18 months. Watch all these people turn to dismay when the rest of retail cuts 200K jobs causing a reduction in retail jobs. Acacia Communications (ACIA) - stock had another nice rally to $61.51. Wrongly made the proclamation that the stock needed a quick rally above $60 in order to turn more bullish. Even at this level, Acacia remains firmly in a downtrend. The 20ema remains up at $63.59 so the stock still has plenty of work to do before any rally. The next likely move still remains down. Fitbit (FIT) - another test around $7.30 with a solid bounce. At the least, investors now have a level to cut losses. Click on the Sign in/Sign up button in the top right corner to join for free to comment on your stock moves for Friday, January 13 and enter the discussion. Click on the Follow button to get the daily blog posts from Out Fox The $treet. Disclosure: No position