Potential swing trades:
See one of the recent ‘Chart Reading‘ posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
Gapping down on disappointing earnings/guidance: PLAY -18% (also downgrades from Jefferies and Legg Mason), TXN -5.2% (down in sympathy: NSM -1.9%), ALTR -3.8% (also downgrades from JP Morgan, Fulcrum and Harris Nedbitt), ITWO -23%, PNR -15%, CNET -8.3%, JOE -5.7%, LXK -3.4%, HAL -3%, CME -2.1% (down in sympathy: BOT -3.2%), FDG -1.9%, HSIC -1.8%, AMTD -1.8%, TLAB -1.1%… Other News: CVC -13% (Dolan family drops plans to take co private), SOV -7% (to purchase ICBC; downgrades from FRB and Ryan Beck), RIMM -3.7% (Citigroup downgrade), MICC -2.3% (profit taking after 8% move yesterday).
Gapping Up
Gapping up on strong earnings/guidance: LCAV +13%, GORX +17%, WIRE +14%, BMHC +9.4%, IP +7%, COH +5%, SEPR +3.3%, SIFY +2.2%…. Other News: ICBC +25% (to be acquired by SOV), GVHR +8% (to join S&P SmallCap 600 index), UIS +7.1% (announces collaboration with NEC; Morgan Stanley upgrade; bounces after 19% drop yesterday on fed probe), BIDU +5.4% (extends yesterday’s 16% move; stock has been moving heading into Q3 report tomorrow after the close; traders hoping for Google-like performance), AMR +4.2% (JP Morgan upgrade), CAL +4.2% (JP Morgan upgrade), ERICY +2.4% (to buy Marconi unit – WSJ), HON +1.5% (Deutsche upgrade)… Under $3: VION +10% (clinical update), ARTG +9% (reports Q3).
Intraday Updates:
- 09:45 I really hate shorting NYSE stocks but CME is tempting. Let’s see if we can get some upticks… BOT would be even better, IMHO, if there were any shares to borrow
- 09:55 NTRI is strong in the early going. Looks like it’s headed for a re-test of its October highs
- 09:58 PNRA has my attention as well here
Disclaimer & How I use this list
