My view of the Nasdaq is on the chart below:
Some things of interest to me:
- MarketWatch has Google AdWords ads running against the keywords “Trader Mike” — hmm…
- Take TraderEyal’s poll about the most important success factor in trading. Can you guess what I voted for?
- TXTrader has a very interesting post which gives some details about his trading style. It also gives insight into how to use the NYSE Open Book.
- In tonight’s chat MaoXian’s will “take a look at a number of homebuilders and other real estate-related stock charts to speculate on whether the sector has peaked, or put in The Top.”
- And speaking of Chariman MaoXian, since he recently moved to China, how long until he’s one of the American ex-pats who are making it big in China??? I just knew I was gonna see him in that Business 2.0 article.
- Be sure to check out Stephen Vita’s Sunday night post.
- Engadget is speculating that 2GB and 4GB iPod shuffles are coming soon. And they think Samsung’s slashing of prices on 4GB memory modules is even more evidence of that…
Potential swing trades:
Longs – None
Shorts – None
Potential day trades:
(From Briefing.com)
Gapping Down
OSIP -15% (to acquire EYET), BNHNA -9% (reports Q1), ITWO -5% (registers 7.65 mln shares for sale by stockholder), IMCL -3.2% (fallout from OSIP buy of EYET), KSWS -1.5% (Brean Murray downgrade)… Under $3: ANGN -20% (not in compliance with Nasdaq listing requirements), NWD -15%.
Gapping Up
PANC +70% (HIV drug meets primary endpoint in study), LANV +49% (reports Q2), EYET +34% (to be acquired by OSIP), PKZ +20% (to be acquired by China National Petroleum Corp), NWAC +8% (mechanics strike has led to few disruptions — Bloomberg.com), SBTV +7% (to be acquired by private equity firms), REDF +6% (extends recent momentum), RRGB +5% (KeyBanc upgrade and BofA upgrade), MYOG +3.5% (extends recent momentum), FDRY +3.5%, SIFY +3.2% (extends recent momentum), LLTC +2.5% (BofA upgrade), MOT +1.8% (mentioned in Barron’s), DCX +1.7%, MRVL +1.6%, PG +1.3% (mentioned favorably in Barron’s)…. Under $3: NGRU +12% (to sell certain assets), INSM +11%, TMTA +6%.
Intraday Updates:
- 00:00
Disclaimer & How I use this list
