Watchlist for March 22, 2006

Oil & gasoline inventories are released at 10:30 today so it’s time for me to take an hour-long nap. ;-)

Potential swing trades:

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

Potential day trades:

(From Briefing.com)

Gapping Down

MSFT -2.1% (delays Vista debut).. News is weighing on tech sector: NVDA -2.7% (also to acquire Hybrid Graphics), PLAY -2.6%, IDTI -2.5%, ATYT -2.2%, JNPR -2.2% (also BofA downgrade), STX -2.2%, HPQ -2.1%, RIMM -1.5% (also cut to Sell at boutique firm), AMD -1.3%, RMBS -1.1%Other News: SIGM -11% (reports JanQ, misses by $0.02), CEPH -9.3% (confusion over Sparlon meeting), FRN -7.4%, TELK -6.5% (broker downgrade), ELN -6.3% (FDA to extend its review of Tysabri; also BIIB -1.7%), NTBK -5.7% (guides lower), ENG -3.8% (reports Q4 results), WOR -3.5% (reports FebQ), NYT -2.9% (guides below consensus), ENDP -2.6% (prices offering), ICE -2.5% (Herb Greenberg on CNBC puts Red Flag on ICE), SNH -2.4%, CAL -1.4%.

Gapping Up

BMY +12% (Plavix settlement; multiple upgrades), NABI +12% (to resume developing staph vaccines), SNY +9.3% (Plavix settlement), ANGO +9.2% (reports FebQ), AEMLW +8%, CNTF +7.5% (forms mobile software co), SVI +6.6% (Jamba Juice shareholders approve merger), RDY +4.9% (Plavix settlement), SSRI +4.6% (sells interest in mine), KND +4.1%, JADE +4%, DYN +3.8%, GNBT +3.3% (momentum), CMED +3.2% (Mad Money mention), SVA +2.8%, AZN +2.5%, GM +1.3% (will reportedly announce an early retirement deal with the UAW), AAPL +1.3% (MSFT delay being viewed as positive for AAPL), ALA +1% (BofA upgrade)… Under $3: CBMX +7.3% (acquires patents), ASTM +7% (US clinical investigator to report on long bone fracture repair trial), PRZ +6.4% (Rochdale upgrade), CTIC +4.6% (clinical data).

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