There’s a Fed decision on Wednesday so trading could be constrained to a tight range ahead of that big bad event. Here’s my take on the Naz and S&P right now:
Finally, since Google (GOOG) is my most requested stock I’m sure you all will be interested in all the GOOG analysis posted to WallStrip today.
On Today’s Calendar:
- nothing
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
See one of the recent ‘Chart Reading‘ posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
NWRE -17% (guidance only), ALDN -11%, SLAB -4.9%, F -3%, ETH -1%… Other News: RDYN -52% (FDA does not approve faropenem), HLIT -3.9% (FBR downgrade to Underperform), INTU -3.6% (Merrill downgrade), BOBJ -2.1% (Barron’s article mentions stock as relatively expensive ), TRAD -2.3% (Goldman downgrade), NEOL -2% (downgrades from Baird and Keefe Bruyette), SHPGY -1.6%, ERIC -1.1% (profit taking after strong move last week).
Gapping Up
Gapping up on strong earnings/guidance: CRNT +5.4%, HAS +3.9%, RDCM +3.4%, T+ 1.5%, HAL +1.5%… Other News: CNCT +46% (to be acquired by Stiefel Labs), VVUS +19% (says diet drug effective in Phase 2 trial), MSLV +20% (to be acquired by Oracle), TRBM +17% (announces deal with China Netcom), FLML +5.6% (FDA approves Coreg), LMRA +6.6% (stock has been volatile, extends 400% move last week), VICL +5.1% (extends Friday’s 10% move), GRMN +4.8% (Merrill upgrade), SONE +4.5% (announces Dutch auction), PSUN +4.4% (BofA upgrade), ET +2.2% (Goldman upgrade), FL +2.2% (UBS upgrade), MNST +1.6% (Cramer bullish on Mad Money), OS +1.5% (Cramer says he’d be a buyer ahead of its Q3 report), PAYX +1.3% (UBS upgrade), SNDK +1.1% (Matrix upgrade following 20% drop on Friday).
Disclaimer & How I use this list
