I’m really not expecting much in today’s pre-holiday action. But just in case, I’m watching for a breakout of yesterday’s 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 disappointg earnings/guidance: AMD -2.9%, ANTP -23%, TRBM -16% (provides Q1 guidance; announces strategic alternatives), THOR -8.3% (guidance only), PII -7.2%, TSO -4.4% (guidance only; down in sympathy: VLO -1.5%), GE -1%…. Other News: DOC -6.5% (profit taking after recent move), STJ -4.3% (Medicare proposed cutbacks in reimbursement rates; also BSX -3.7%, MDT -1.1%), BHP -3% (profiled in WSJ), CSPLF -2.9%, RTP -2.7%, NVDA -2.3% (Goldman recommends reducing holding), TS -2.1%, CMED -1.4% (Cramer negative), BRL -1.4% (competitor REDY gets FDA approval for allergy drug).
Gapping Up
SNDK +6.4% (to be added to the S&P 500; also pondering deal for LEXR +4.1% — TheDeal.com), SPSN +6.4% (reports Q1 below, but guides Q2 revs above consensus), NYNY +8.6% (announces progress environmental assessment for new casino), CRY +13% (announces Q1 revs), DSCO +5.4% (bounces after recent sell-off), ORCC +5.3% (Mad Money mention), SGMS +5.1% (to be added to the MidCap 400), LRCX +4.9% (reports MarQ; up in sympathy: NVLS +2.1%, ASML +1.9%, AMAT +1.7%, KLAC +1.6%), JRJC +4.7% (momentum), SPPI +4.1% (bounces after recent sell-off), BIDU +3.9% (signs deal with Intel), ARO +2.8%, NAPS +2.5% (started with a Buy at ThinkEquity; tgt $7), VOD +1.7% (considers a strategic switch – WSJ), ZMH +1.2% (CMS proposed to rebalance the I.P.P.S. system), LOGI +1%… Ethanol stocks are moving a WSJ article: OTD +5.5% PEIX +4.6%, MGPI +4.5%… Mining stocks extend gains: TGB +2.5%, KRY +2.5%… Under $3: CVM +4.3% (momentum).
Disclaimer & How I use this list
