Potential swing trades:
Longs: AMED, CKCM, CSC, ELOS, ICBC, IMDC, ISRG, NVT
Shorts: AMMD, AMZN, ENER, JUPM, MERQE, WEBX
Also 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: MIVA -6.6%, GDT -3.5% (also announces lawsuit against JNJ), GNTA -5.5%… Other News: GENZ -3.8% (Bear Stearns downgrade as firm says Medicare plans to dramatically cut reimbursement for Synvisc in 2006), JBLU -2.7% (stock offering), SNDK -2.4% (negative Barron’s Online article; Baird downgrade), AKS -2.3%, IDXX -1.8%, F -1.7%, CHK -1.5% (closes transaction with Gastar Exploration), AAPL -1% (Needham downgrade; Saudi Prince Alwaleed bin Talal says sees little upside)… Under $3: FLYI -42% (files for bankruptcy), BCON -10% (announces $15 mln investment).
Gapping UpGapping up on strong earnings/guidance: VPHM +12%, MFLX +9.6%, PLLL +6%, TXU +3.4% (guides; also announces stock split, boosts dividend), LPMA +2.1%… Other News: TIVO +13% (announces collaboration with Yahoo), NYNY +9.8% (extends Friday’s 35% move), QDEL +9% (Mad Money mention), TASR +4.5% (to Offer Stun Gun Cameras — AP), BOOM +4.3% (momentum), PWAV +4.3% (extends recent momentum, +13% in 3 days), AOB +4%, HOM +3.9%, SOHU +3.5% (selected as the official sponsor for the Beijing 2008 Olympics), RDEN +3.5% (potential buyout by Coty/Lancaster Group increasingly logical – Brean Murray), PWEI +2.5% (extends Friday’s 24% move), NVAX +2.4%, SIRI +1.6%, QCOM +1.4% (announces $2.5 bln share buyback program)… Under $3: ZHNE +8%, MBAYD +7% (announces deal with Hindustan Times).
Intraday Updates:
- 09:31 Looks like we’vve got a horse race on AAPL today. UBS just raised their target to $75 but we also had this earlier — “Needham downgrade; Saudi Prince Alwaleed bin Talal says sees little upside”
- 10:00 I’m watching UTIW after BB&T raised their target on it to $120 from $87
- 10:05 IMCL’s popping…must be some news…
- 10:10 BIDU’s ramping on more GOOG rumors
- 11:31 I’m still waiting on the market to choose a direction other than sideways. Things are about as flat as they could be, including the A/D line. An early lunch may be in order today…
Disclaimer & How I use this list
