Almost nothing but longs on the list again today. With the gap down this morning I don’t expect many of them to trigger.
Currently holding:
Long – AFFX, DITC
Short – None
Looking for swing trade entries in:
Longs – ABI, ADTN, AKAM, DKS, ESIO, JNPR, LDG, LUV, ORLY, PLMO, PLXT, RIMM, RSAS, SAFM, SEAC, TEK, UNA, VRSN
Shorts – CEPH
Potential day trades:
(From Briefing.com)
Gapping Down
YHOO -11% (reports in line EPS, revs slightly below consensus) — down in sympathy: ASKJ -7%, MAMA -6%, AMZN -5%, FWHT -5%, AKAM -5%, EBAY -4%….. SEBL -12% (warns for Q2, Soundview downgrade), BMC -12% (guides lower; First Albany downgrade), SCHN -8% (beats by $0.12, but light on revs), XOMA -5% (DNA’s Raptiva sales)…. Down on weak June same store sales/lowered guidance: WTSLA -9%, PLCE -9%, ROST -6.4%, TLB -5%, HOTT -4%, ANF -3.5%.
Gapping Up
SSPI +40% (software successfully ported by Boeing), BLDP +7% (co, DCX and Ford solidify program development plans), CKFR +5.4% (announces service deal with Wachovia), FCEL +3% (in sympathy with BLDP), PLUG +2% (in sympathy with BLDP)…. Under $3: OPTV +10% (settles patent litigation with Disney), EGHT +9% (becomes Buy.com’s premiere partner).
