Watchlist for February 1, 2005

The market is testing yesterday’s highs in pre-market trading so maybe we’ll get some follow-through today… or not. ;-)

Currently holding:

Long – None

Short – None

Looking for swing trade entries in:

(I probably won’t do any swing trading this week but here’s what I’m watching)

Longs – None

Shorts – CYMI, INFY, IRF, LEA, SMH

Potential day trades:

(From Briefing.com)

Gapping Down

Gapping Down on disappointing earnings/guidance: ARBA -20%, VLTR -9.9%, CME -8.5%, AVNX -7.3%, ATRS -5.6%, ISSX -5.1%, INFS -4.1%, TYC -3.9%, RCL -3.8%…. Other News: DSCO -17% (FDA letter delays approval and launch of Surfaxin; also Harris Nesbitt downgrade), STEM -11.4% (FDA informs STEM it has questions regarding trial).

Gapping Up

EVOL +17% (co’s Mediation Central network chosen by Verizon), CTMI +11.5% (reports DecQ; Piper upgrade), AGI +9.2% (reports DecQ), CRIS +7.2% (to co-develop cancer drug with Genentech), VLO +3.8% (reports Q4), BMRN +3.5% (MPS VI drug likely to be approved by May 31 — Hibernia), SWIR +2.5% (co and Nokia test high-speed downlink packet access products)… Under $3: ICOR +22% (signs deal with DuPont), LOUD +7.8% (names CEO).

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