Watchlist for February 10, 2006

The futures are near the flatline so I’m just looking for a continuation of yesterday’s selling.

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: WMGI -14%, QSII -13%, LGF -10%, TQNT -9.5%, OSUR -9%, CPST -7.6%, CVH -4.8%, ACI -4.4% (down in sympathy: BTU -2.2%), UTSI -4.1%, ADI -2%, ORCL -1% (guidance only)… Other News: PDII -26% (says it expects big cuts from AstraZeneca), NFI -11% (postpones earnings), PRCP -7%, EXPE -2.1% (Credit Suisse downgrade)… China/Asia stocks seeing profit taking: CHNR -11%, CAAS -4.7%, CTDC -3% REDF -3%… Copper/mining stocks are weak as Pru lowers its industry rating: (down in sympathy: PCU -3.4%, PD -2.5%, FCX -1.4%, NEM -1%)… Under $3: ATAR -28% (reports Q3), VRA -12% (files 10-Q).

Gapping Up

Gapping up on strong earnings/guidance: IIJI +16%, MFE +8.8% (also Deutsche upgrade), AW +8%, ZOLT +12%, TZIX +6.8%, VC +6.4%, SKX +6% (guidance only), CBB +5.5%, BYD +5.3%, KNOT +3.3%, PNRA +2.6%, AU +2%… Other News: MOCC +6.7% (momentum), ABXA +6.4% (positive Greenberg mention), TASR +5.4% (positive Merriman note), SYT +5.2% (French law puts GMO costs on farmers – Reuters), ATHR +5% (collaboration with QCOM), GTE +4.8%, ACAD +4.6% (Jefferies initiates with $20 tgt), SGMS +3% (wins NY lottery contract), SWFT +2.5% (Stifel upgrade), PBY +2.2% (board reits commitment to building shareholder value), SPIL +2.1% (Bear Stearns and Merriman upgrades), DCX +1.7%… Mad Money mentions: PTIE +8.8%, KEYW +7%, DYN +2.5%, SIRI +1.6%… Under $3: GTW +3% (BWeek speculates that C.E.O. departure may lead to takeover).

Disclaimer & How I use this list