Watchlist for October 25, 2006

It’s Fed day so I’ll see you tomorrow!

On Today’s Calendar:

• 10:00 AM Existing Home Sales
• 10:30 AM Crude Inventories
• 2:15 PM FOMC policy statement

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

Gapping down on disappointing earnings/guidance: LIFC -24%, CKFR -15% (also Wachovia downgrade), GNSS -13% (also downgrades from CIBC and Roth Capital), SCSS -12% (also Piper downgrade), BTUI -12%, CYMI -9.2%, GYI -9% (also downgrades from JP Morgan and Soleil), ALGN -8%, PNRA -6.1%, RSH -7.5%, WIRE -6.5% (also Sterne-Agee downgrade), ILSE -5.6%, SWK -5% (also downgrades from Citigroup and Pru), DOV -4.7%, MNST -4.6%, CENX -4.6%, FLEX -5.5% (also Needham downgrade), TROW -3.7%, RFMD -3.2%, ESRX -3.1%, GM -2.8%, GLW -2%, AFL -1.4% (also SunTrust downgrade), IMCL -1.3%, BA -1%… Other News: FLR -7% (announces expected Q3 charges, guides FY07 below consensus), EPIQ -3.1% (co says SEC conducting routine review), DRIV -2.5% (OpCo downgrade), JNPR -1.6%, XLNX -1% (Baird downgrade).

Gapping Up

Gapping up on strong earnings/guidance: TASR +12%, CLZR +14%, BWLD +12% (also RBC upgrade), AMZN +12%, LDIS +9.5%, PTIE +9.3%, WBSN +8.7% (also JMP Sec upgrade), TRMB +8.4%, QLGC +9.2%, ACLI +6.8%, MTW +7%, NTRI +6.7%, AV +6%, MICC +4.7%, KLAC +4.4% (also Needham upgrade), CHRW +4%, ADBE +3.7% (guidance only), ACF +3.3%, USIH +3.3% (co also says a private equity firm may want to buy the company), IM +2.9%, IDTI +2.6%, ATI +2.6%, MO +1%… Other News: ORCT +15%, SIMG +2.7% (CIBC upgrade), JBLU +2.3% (JP Morgan upgrade), MSCC +2.3% (Morgan Keegan upgrade), CNC +1.7% (Piper upgrade).

Disclaimer & How I use this list