Potential swing trades:
Longs – None until August (after the earnings flood)
Shorts – None until August (after the earnings flood)
Potential day trades:
(From Briefing.com)
Gapping Down
Gapping down on disappointing earnings/guidance:
GOOG -3.2%, MSFT -1.2%, LDIS -20%, AFFX -16%, TPX -15%, BEC -14%, PKTR -11%, ARBA -8%, HLIT -7%, SLAB -6.7%, VTSS -6%, RSAS -5.6%, WIT -4.5%, SWKS -3.3%, ISIL -2.7%… Other News: DNDN -6.6% (UBS downgrade), GIGA -4.8% (profit taking after 36% move yesterday), GILD -3.2% (UBS downgrade), TIVO -3% (JP Morgan downgrade), ADLR -1.1% (FDA wants more data on Entereg)…. Under $3: SIFY -41%, AVNC -23% (strep throat drug fails to meet endpoints).Gapping Up
Gapping up on strong earnings/guidance: BRCM +15% (up in sympathy: MRVL +4%), GNSS +14%, INFA +9%, SNDK +7% (also Smith Barney upgrade), CMI +6%, FDRY +6%, BTUI +36%, HAL +4%… Other News: MTIX +21% (FDA approval), BEIQ +18% (to be acquired by Schneider), PHCC +7% (to be acquired by ESRX), DXPE +6% (extends yesterday’s 67% move), CIB +7% (Mad Money mention), WPTE +5% (stock is still in play — BWeek), RFMD +4% (Jefferies upgrade), MNTA +3.4% (prices follow-on offering), X +3% (Smith Barney upgrade), YHOO +1.2% (Prudential upgrade)…. Security stocks continue momentum: GEPT +50% (extends yesterday’s 16% rally; Mad Money mention), TBUS +13%, VISG +9%, SYNX +9%, IDNX +5%… Under $3: SPAB +11% (Shuttle sent to launch on Tuesday).
Intraday Updates:
- 09:00 Early gappers (up) include GEPT, BEIQ, BRCM, SNDK, PHCC, FDRY, IDNX, HAL, RFMD and MNTA
- 09:00 Early gappers (down) include AFFX, DNDN, TIVO, GOOG, MSFT, GIGA and ADLR
- 09:12 EVVV is bid up on news — EV3 and Micro Therapeutics get FDA OK for brain drug
- 09:39 CAFE is halted, this should be interesting
- 09:58 Oh my! – 09:56 CAFE Host America: SEC temporarily suspends trading in CAFE, says July 12 press release may have been misleading (14.19 +0.27) -Update- Note that CAFE initially disclosed an SEC informal probe on July 20. (Stock is halted.)
- 10:05 ULTI just hit the scanner
Disclaimer & How I use this list
