All longs on the list again today. It looks like we’re gapping up a bit on nothing but relief that there were no major warnings since yesterday’s close. That’s not real inspiring if you’re bullish… but I guess its better than a gap down.
Currently holding:
Long – DITC, JNPR
Short – None
Looking for swing trade entries in:
Longs – ADTN (note to self – get out b4 Tuesday’s earnings), ATRX, DKS, DRIV, GPRO, HRS, LDG, OMG, PLMO, RIMM, ROH, SAFM, SEAC, TKLC, VRSN
Shorts – none
Potential day trades:
(From Briefing.com)
Gapping Down
QDEL -37% (guides lower), CTMI -23% (guides below consensus), COMS -7% (Piper downgrade), LGND -4% (FDA guidance to result in trial delay).
Gapping Up
CLTK +15% (sells defense assets to TDY), FWHT +7% (added to S&P 600 SmallCap), IPIX +6% (continuation of yesterday’s rally realted to new alQaeda threats), LSCC +6% (Wells Fargo upgrade), LEXR +5% (started at CSFB with an Outperform, $10 tgt).
