The stock market is loving the jobs report. We’re set for a higher opening on the idea that the payroll data will force the Fed to stop hiking interest rates. I guess we’ll see some panic buying from the bears today.
Update @ 9:42 — or maybe we won’t see panic buying 
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: BBOX -14%, WIND -12% (also Pacific Crest downgrade)… Other News: LQDT -6% (RBC downgrade), PORK -5.2% (stock offering), SFCC -4.1%, CCOI -3.7% (prices offering), PWAV -1%.
Gapping Up
ENCY +42% (receives positive opinion from European authorities for Thelin), THLD +17% (IDMC recommends Glufosfamide Phase 3 trial continue to completion), BOOM +12% (Cramer profiled the stock last night; he also profiled NTCT +9% and EGY +8.6%), IOTN +10% (SunTrust initiates with $13 tgt), SEAC +9.5% (reports AprQ), TQNT +5.7%, CIEN +4.9% (upgrades from Goldman and Susquehanna), TTM +4.3%, UTIW +3.7% (Bear Stearns upgrade), RMBS +3.6% (extends yesterday’s 19% move), AIRN +3.1% (ThinkEquity initiates with $8 tgt), FNSR +2.9% (Miller Johnson initiates with $6 tgt), TIE +2.7% (momentum), BOBJ +2.4%, VG +2.3% (bounces after recent drop), ERICY +2.3% (co announces it is providing integration between its One Phone solution and Microsoft Office Live Communications Server 2005, allowing users to ‘click to dial’), SNY +2%, NOK +2%, NYX +1.9% (buys Euronext in $10 bln deal; also Sandler upgrade), MICC +1.8%… Bird flu stocks are strong on report of possible human-to-human case: NVAX +3.4%, BCRX +2.5%… Mining stocks are strong as gold prices rise in pre-mkt: CUP +6.5%, SLW +3.2%, NXG +2.7%, CDE +2.7%, FCX +2.4% (BMO Nesbitt upgrade), PD +1.8% (BMO Nesbitt upgrade)… Under $3: GTCB +109% (European Medicines Agency adopts positive opinion on ATryn, the co’s recombinant form of human antithrombin), PRZ +12%, CTIC +7.2% (extends yesterday’s 8% move), AVNX +3.7%.
Disclaimer & How I use this list
