Watchlist for December 6, 2005

My swing trade scans aren’t turning up much so far this week. But for today’s session thise stocks are at the top of my list in the pre-market: X, STLD, BOOM, AAPL, DNA and SHLD

Potential swing trades:

See one of the recent ‘Chart Reading‘ posts for some potential swing candidates.

Potential day trades:

(From Briefing.com)

Gapping Down

KSU -5% (announces that its largest shareholder has commenced a public offering), TWTR -12% (reports SepQ), SLAB -3.7% (Merrill downgrade to Sell), NGAS -3.1%, VLCM -3% (prices secondary offering), NTLI -3% (confirms it has approached Virgin Mobile about a takeover), CMGI -2.8% (reports Q1), LOGI -1.9%, ADSK -1.5%, SNDK -1.3% (ITC rules against SNDK in a patent dispute with STM).

Gapping Up

Gapping up on strong earnings/guidance: SHLD +7.6% (note, it’s still unclear how results compare to consensus), CMTL +4.5%, BRCD +3.3%… Other News: BBC +19% (signs contracts; sees record earnings for 2006), BOOM +11% (signs contract), EXEL +10% (signs collaboration agreement with BMY), CPST +4.3% (introduces new generation of MicroTurbine energy systems), SSCC +4.3% (Morgan Stanley upgrade), ERICY +4.3% (wins UK contract), DOC +3.6%, ALTR +2.5% (affirms previous rev guidance), AAPL +2.4% (announces deal with NBC Universal; Taiwan market: iPod supply is tight – Digitimes), IDNX +2.3% (wins contracts), AMTD +1.8%, BRCM +1.2%…. Under $3: BFLY +12% (Nov sales up 60%), ISON +10% (co and Lucent to develop night vision technologies), CBMX +7% (to test for bird flu), CTIC +7% (to initiate clinical trial).

Intraday Updates:

09:22 From Briefing.com: Google: CNBC repeats that Pac Crest raised their tgt on GOOG to $500, matches high on Street
09:45 They’re piling on GOOG today. Pacific Growth just raised their target to 500
09:47 Hmmm, seems like a lot of selling going on this morning
10:16 Surprisingly I’m not seeing much that I want to trade. A lot of the gappers got faded pretty hard and messed up my preferred setups. I’m also not seeing many stocks on my Nasdaq Gainers with Volume Surge scan. SO I continue to wait & watch
10:25 Uh, nevermind that last comment I just jumped in a couple of longs as the Nasdaq took out the high of the day
10:28 Looks like PLAY is finally trying to join the AAPL party
11:20 That push to new intraday highs is looking like a false breakout now
11:30 Nice move by REDF today
12:23 Ugh! The S&P is at a new 52 week high and I can’t find anything to buy. The few longs I have are just sitting there