Potential swing trades:
Longs – None
Shorts – None
Potential day trades:
(From Briefing.com)
Gapping Down
GDT -12% (advises physicians about important safety information), SIGM -4.5% (auditor resigns), SWIR -4% (JP Morgan downgrade), KYPH -3.7% (Bear Stearns downgrade on valuation), IGT -2.4% (Susquehanna downgrade)…. Gapping down on disappointing earnings/guidance: XRTX -15%, MVK -8% (also Raymond James downgrade), OVTI -5.5%, MU -4%, TIBX -1.7%, SLR -1.6%.
Gapping Up
ALKS +7.3% (partners with Cephalon for Vivitrex marketing; Soleil upgrade), NTMD +6.8% (gets FDA approval for BiDil), ENER +5% (mentioned in BWeek’s Inside Wall Street section), GILD +3.7% (intends to end Tamiflu agreement with Roche – WSJ; Legg Mason uprade), HCBK +3.2%, ARBA +13%, INKP +52% (to be acquired by SLPX), IDSA +9% (momentum name continues yesterday’s late-session rally), RAD +2.7% (JP Morgan upgrade), RIG +2.4%, VVUS +2.3% (extends recent momentum), FORD +2.1%, PMCS +1.7% (guides Q2 in-line; positive book-to-bill comments)… Under $3: XNVA +14% (gets offer from private fund), CTIC +10%, ISON +5.5% (included in bew Russell Microcap Index)
Intraday Updates:
- 09:55 watching HANS as it drops
