Update: Interesting that KKD made my short list last night and just now there’s an announcement of an SEC investigation. It’s almost as if the chart knew that was coming. 
Currently holding:
Long – None
Short – None
Looking for swing trade entries in:
Longs – ABV, JNPR, OSTK, PLT, RIMM, SNDK, SWIR, UBB
Shorts – KKD, LF, RYL
Potential day trades:
(From Briefing.com)
Gapping Down
TARO -35% (misses Q2 by a wide margin), ESRX -12% (reports in-line; announces allegations of violation from states), PTIX -37% (reports Q2, which leads ThinkEquity to downgrade), ESST -16% (misses, guides lower), WFMI -8% (reports JunQ), ZMH -7% (reports, guides Q3 lower; Pru downgrade), CCE -7% (misses by $0.13, guides below consensus; CSFB downgrade), QSFT -6% (reports JunQ in-line), RNWK -5.9% (beats, guides), MVL -5.5% (beats, guides below consensus), CMX -5.3% (in sympathy with ESRX), GM -2.1% (Goldman and Lehman downgrades).
Gapping Up
INSP +23% (beats handily, guides above consensus; Piper upgrade), SONSE +26% (reports Q1, Janney and Raymond James upgrades), ALDA +19% (reports Q2), SOHU +16% (relief rally after fears that guidance would be slashed; up in sympathy: SINA +7%, NTES +5%), ONNN +15% (beats by $0.03), ACLS +15% (beats, guides higher), NANO +13% (beats by $0.06, beats on revs), CNCT +10% (beats handily, guides higher), JDSU +9.3% (reports in-line), SHPGY +9% (beats by $0.14), GIVN +8% (beats by $0.02; Wells Fargo upgrade), EDS +6% (positive WSJ article as a turnaround candidate), SBL +6% (beats by $0.02, beats on revs), ZEUS +6% (reports JunQ), LVLT +5% (Needham upgrade).
