If you have an interest in venture capital and/or web 2.0 you should find today’s WallStrip interview with Fred Wilson interesting. He talks about how it felt to strike it rich when Yahoo bought GeoCities, his thoughts on Jim Cramer (Fred was an investor in TheStreet.com back in the day) and whether Web 2.0 is a bubble or not.
We’re set for a slightly higher opening today. Bulls resurging or just some nice upticks to short into? We’ll see…
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
Gapping down on disappointing earnings/guidance: SCT -28%, IFON -22%, ECLG -11%, CPKI -7.9%, COGO -6.6% (also Roth downgrade), LGF -6.1%, FLS -4%, HEW -3.5%, BRKS -3.2%… Other News: TMR -8% (files 10-Q), AGP -6.5% (delays 10-Q), SIX -4.4% (gets bids for parks that may disappoint — Bloomberg.com), CLRK -3.1% (prices offering)… Under $3: CPST -19% (reports SepQ), RNO -4.8% (reports Q3).
Gapping Up
Gapping up on strong earnings/guidance: DLB +22%, PSUN +10%, TRT +7.8%, ABTL +7.7%, EHTH +6%, AMCC +4.8%… Other News: TNOX +44% (to be acquired by DNA), FRPT.OB +14% (announces Marine Corps contract), DNDN +5.4% (clinical data), EFUT +5.3% (extends yesterday’s 29% move), SIGA +5.3% (announces new contracts with Air Force), IMAX +5.6% (Merriman upgrade), TGEN +5.3% (extends yesterday’s 28% move), MYL +4.9% (gets FDA approval for bladder drug), SPP +4.6% (Credit Suisse upgrade), MT +2.9%… Under $3: MKTY +18% (delivers fuel cell prototypes to Samsung), CNXT +11% (selected by MOT for next-generation set-top platform).
Disclaimer & How I use this list
