It’s Wednesday so you know what that means — oil inventories at 10:30. Stay on your toes.
Nice move in Sears (SHLD) this morning. That’s at the top of my list this morning along with SNDK…
I keep forgetting to Mention SVI. That’s one to watch. Check the news on it, they just bought Jamba Juice.
Potential swing trades:
See one of the recent ‘Chart Reading‘ posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
coming…
Gapping Up
Gapping up on earnings/guidance: SHLD +10%, ACLI +10% (guidance only), UNP +4.5% (guidance only; up in sympathy: CSX +3.4%), DISH +3.8%, VVTV +3.6%, DD +3.3% (raises guidance; job cuts), LEXR +3%, CHRS +2.6%…. Other News: SVI +8% (Greenberg comments on CNBC), ESLR +5.4% (announces $125 mln distribution agreement), SNDK +4.6% (Pac Crest upgrade), PMCS +4.5% (UBS upgrade), CAI +4.4% (Army contract), MDTL +4.1% (Brean Murray upgrade), GM +4.1% (KKR submits nonbinding bid for GMAC stake – WSJ), HMY +3.6%, ATRS +3.4% (Deutsche upgrade), THQI +3.3% (Amtech upgrade), NTAP +3% (firms positive on co following analyst day), NSTK +3% (announces agreement with Novo Nordisk), TIF +2.4% (broker upgrade), NYX +2.4% (momentum)… Under $3: OPTV +15% (reports Q4), JMAR +13% (gets subcontract), MOVI +13% (to explore subleasing), AVAN +5% (accelerates receipt of $40 mln milestone pymt), EGHT +4%, AVNX +2.6%.
Disclaimer & How I use this list
Great move for SVI – this buy makes them a company to watch for sure. Looking forward to seeing what kind of growth Jamba has been posting once the merger is complete. Jones Soda (JSDA) can’t be considered a “health drink” but wonder if they will get bought out – there were rumors of Hansen buying them several weeks ago. At any rate JSDA is drawing up a nice chart.