I’ll be making the big move to the new web server this weekend. Hopefully things will go smoothly and I’ll be able to recap today’s action some time on Sunday.
Potential swing trades:
See one of the recent ‘Chart Reading‘ posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
BSX -10.4% (guides below consensus; sees weak sales for stents; multiple downgrades), EPIX -22% (anxiety disorder drug fails trial), PTEC -14% (guides revs down sharply; to cut workforce), NURO -6.5% (Reimbursement woes could stall NeuroMetrix – DJ), COMS -5.7% (reports AugQ, misses on revs), NYT -5% (guides lower), RMBS -3.6% (Cramer bearish on Mad Money), SIGM -2.7% (receives Nasdaq letter), QLGC -1.9% (Morgan Keegan downgrade), JBLU -1.6% (provides guidance).
Gapping Up
COGN +5.2% (reports AugQ, beats by $0.06; BMO Capital upgrade), NKE +4.8% (reports AugQ), KFX +4.4% (announces deal with Bechtel), SNX +3.8% (reports AugQ, guides higher), RUTH +3.6% (Cramer positive on Mad Money), PALM +3.3% (reports AugQ; announces stock buyback), CRXL +2.9%, FNET +2.8% (it appears license has been approved by Nevada Gaming Board), MDRX +2.7% (to be added to S&P SmallCap 600 Index), TIVO +2.6% (NY Post reports that Amazon is in discussions with TiVo to allow users to transfer online movie purchases to their TiVo set-top boxes), GOLD +2.3%, SHPGY +1.5%, TXN +1.4% (to repurchase additional $5 bln in stock, increase dividend by 33%), BP +1% (Morgan Stanley upgrade)… Under $3: DYAX +17% (apparently up as a competitor had a disappointing clinical trial), OSCI +9% (gets approvable letter for Factive tablets), SNTO +6%.
Disclaimer & How I use this list
