Watchlist for July 25, 2005

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

INCY -9% (announces Phase IIb trial results for Reverset), XRX -6.3% (misses by $0.03; guides below consensus), SONE -4% (guides Q2 EPS in line, guides revs below consensus, names new C.E.O.), NBIX -3.7% (Takeda’s insomnia drug Rozerem gets FDA approval), IFX -2.2% (announces personnel changes), SAP -1.5% (Morgan Stanley downgrade), NOK -1.1%.

Gapping Up

MYG +6.2% (to consider new Whirlpool bid – WSJ), MOT +4% (positive Barron’s article), IVX +11% (to be acquired by TEVA), RNAI +35% (clinical data results to be published), GIGA +4% (recent momentum), NGPS +3.4%, MLNM +2.7% (signs marketing deal with SGP)… Gapping up on strong earnings/guidance: ASH +6%, DWCH +32%, SLAB +3.6%, PPC +3%Security stocks extend advance following bombings in London: SYNX +41%, GEPT +10%, MACE +6%, TBUS +4%, IPIX +4%, IDNX +2.6%Under $3: MCEL +18% (selected to receive funding to advance volume manufacturing of portable fuel cartridges), AATK +12%, CIPH +11% (signs deal with Quest), ANAD +6% (reports Q2).

Intraday Updates:

  • 10:01 DSTI is up 7.7%
  • 10:14 FLSH is down 4% on high volume
  • 10:20 Where did this SWATU come from???
  • 10:28 FORD is running
  • 12:27 SWATU’s catching fire now

Disclaimer & How I use this list


Comments

  1. Posted by gigi on July 25, 2005 at 6:30 pm

    Dear Sir,

    I have to buy this stock “GIGM” at 2.69 last week, exactly 1 day before earnings.

    But why this stock go down very hard ?

    What do you think of this … when it go up ?

    vectorvest said very good …?

    thanks help me …

  2. Posted by Michael on July 25, 2005 at 6:42 pm

    That’s why I don’t initiate positions ahead of earnings reports. I have no idea what that (or any other) stock will do. Which is why i always place a stop loss order immediately after entering a position.