Lots of hammers on the charts again. I now have plenty of longs so I doubt I’ll add anything today.
Currently holding:
Long – CME, ENER, FORM, JOYG, MYGN, NTES, URBN
Short – None
Looking for swing trade entries in:
Longs – AMD, BTU, INFY, JCOM, LYO, MACR, OSTK, STK, SYNA, TV, VSEA
Shorts – None
Potential day trades:
(From Briefing.com)
Gapping Down
SHFL -5.6% (reports OctQ, Roth downgrade), CHIR -2.4% (receives FDA warning letter), QTWW -13% (reports OctQ), ADIC -8.4% (Merriman downgrade), VTSS -5.1%, GORX -4.6% (class action lawsuit filed), ATVI -3.7% (reports Oct/Nov console sales), ADSX -3.2% (profit taking on recent move higher), CIN -2.5%, MOT -2.4%, GDT -2% (profit taking on recent move higher), RMBS -1.9% (had ‘Secret Plot’ on chips, FTC lawyer says — Bloomberg.com).
Gapping Up
JOBS +6.6%, WIN +5.7% (hires new CEO who was Albertson’s COO), SIRI +5.2% (target raised to $9 from $6.50 at CIBC), SIPX +6.8% (highlighted in Business Week), ZICA +7.1%, VIP +5.2% (bouncing from 55% fall over last week or so), APHT +4.5%, PLMO +4.1% (started with a Buy at Merrill Lynch; tgt $46), CIEN +3.5% (CSFB upgrade), NXTL +2.6% (analysts positive on possible Sprint deal), FHRX +2.6% (Thomas Weisel upgrade), BZH +2.3% (announces 3-for-1 split), NVDA +2.2% (Thomas Weisel upgrade), TOL +2.2% (target raised to $72 from $60 at Merrill), AAPL +1.9% (positive FT article on iPod)….. Under $3: FNSR +17% (reports OctQ), VRSO +12% (call expected today to discuss operational goals – Lightreading.com), ALTH +8.1%.
Add FFIV to this list.
