Watchlist for March 10, 2006

The bulls are giving it another try this morning (yawn). Let’s see if we get any follow-through in the real session. I’ll be keying off of a break of the opening range…

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: ADTN -12% (lowers guidance only), NT -5.5% (also to delay 10-K), HIBB -5.1%… Other News: EXFO -5.2% (profit taking after recent huge move), JBLU -4.9% (Pru downgrade), VEGF -4.8% (prices offering), CATG -3.4%, HMY -3.3%, ADCT -3.1% (extends recent slide), BGO -2.9%, RACK -2.8% (prices offering), BNT -2.7% (Roth downgrades to Sell), RMBS -2.5% (bulls face a legal crapshoot – WSJ), T -2.5%, HXL -2.3% (prices offering)… Under $3: TGEN -19% (stock offering), INSM -5%, MOVI -3.9% (being replaced in S&P 600 Index).

Gapping Up

Gapping up on strong earnings/guidance: TRMS +14%, FTEK +10%, UDRL +7.1%, NUE +3.9% (guides higher; up in sympathy: STLD +4.8%), ANN +3.3%, ARO +3.3%, MCDTA +2.5%… Other News: ALTI +5.3% (signs battery technology marketing agreement with Impro), OSIS +5.1% (Mad Money mention), NWRE +4.6% (to be added to the S&P SmallCap 600), OXPS +3.5% (broker upgrade), KGC +3.2%, SHPGY +2.9% (announces FDA confirmation of co’s resubmission for Daytrana), AMCC +2.3% (Mad Money mention), FNSR +2.3% (momentum), COH +2.3%, NYX +2.1% (momentum), UVN +2.1% (may have new suitor – NY Times), NOVL +1.7% (First Albany upgrade), HANS +1.3% (Longbow raises tgt to $131), FORM +1.2% (prices offering), AOB +11%… Under $3: STG +21% (military contract), AVNX +13% (broker upgrade), PFSW +7.4% (momentum), NXXI +5% (momentum).

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