The futures reversed from up to down after the durable good report at 8:30. We've got a couple more reports due out in the first hour -- some housing report at 10 and oil inventories at 10:30. I'll be watching some oil plays to see if they can get any kind of lift off of those numbers.
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
RHAT -19% (reports AugQ, multiple downgrades), BE -14% (guides lower; downgrades from Needham and Stifel), WOR -7.5% (reports AugQ), ACOR -5.9% (profit taking after 300% move this week), PLXS -4.2%, PAYX -3.2% (reports AugQ), ACET -3.2% (co says will take longer than initally expected for USDA test data), RACK -2.9% (Matrix downgrades to Sell), ENCY -2.5% (class action lawsuit filed), MLNM -2.4% (JMP Sec downgrade), CECO -2.1% (Lehman downgrade), OVTI -2.1%, BLUD -1.8%.
Gapping Up
DIVX +7.8% (Cramer bullish on Mad Money), JBL +7.2% (reports Q4 revs), FBP +8.9% (completes restatements), AQR +8% (to merge with Jazz Semi), DBRN +6.4% (reports JulQ; beats by $0.04), APTM +9.2%, AEHR +4.8% (reports Q1), ASMI +4% (will consider plan to break up the co -- FT), CRWN +3.5%, ACGY +3.4%, AAUK +3% (traded higher in European trading), FDRY +2.9% (Baird upgrade), FNSR +2.7% (Citigroup initiates with Buy), OPWV +2.2% (extends recent momentum, +50% in 2 months), INTC +1% (judge dismisses part of AMD case against Intel - Reuters), SNDK +1% (positive Citigroup comments).
Disclaimer & How I use this list
