No trading for me today as I wait out the Fed. I am starting to see some interesting swing candidates so they may be on the swing list tomorrow if they can stabilize a bit today. For now, here’s a look at the Nasdaq chart:
While you’re watching the paint dry today check out the transcript from MaoXian’s chat last night.
Potential swing trades:
Longs – None
Shorts – None
Potential day trades:
(From Briefing.com)
Gapping Down
Gapping down on earnings/guidance: CKCM -18%, VSTA -17%, FOSL -17%, ABTL -4.4%, SIMG -4%, EXEL -4%… Other News: MDII -23% (completes sale of 2.9 mln shares at $1.40), DAL -11% (treasurer leaves company; also Merrill downgrade), GEMS -9%, OSUR -9% (Jefferies downgrade), CNET -3% (Smith Barney downgrade), AMGN -1.5% (UBS downgrade).
Gapping Up
Gapping up on strong earnings/guidance: MACE +36%, OLGR +16%, SONS +16% (also Legg Mason upgrade), KG +12%, LOJN +11%, ISPH +10%, AQNT +2%… Other News: ELN +16% (says no new cases of Tysabri-related fatal disease, BIIB +4.3%), RACK +8% (chosen by Amazon), SKS +5% (takeover speculation), CMTL +4% (receives orders), LCRD +16% (receives Italy order), HOMS +11% (Avondale upgrade), BIDU +3.5% (momentum), NOK +2.1% (positive broker comments cited)… Under $3: AATK +18%.
Intraday Updates:
- 00:00
Disclaimer & How I use this list
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