It’s expiration day and I’m outta here. The gappers are below…
On Today’s Calendar:
- 9:50 — Mich Sentiment-Prel.
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 disapointing earnings/guidance: URGI -9%, SANM -8.8% (also Credit Suisse downgrade), MRVL -7% (also Morgan Keegan downgrade), NINE -6.3%, SBUX -6.1%, ANN -4.1%, INTU -3.6% (also Wm Blair downgrade)… Other news: SRDX -16% (JNJ’s acquisition of CONR seen as a negative for SRDX), APTM -8.3%, UTSI -7.6% (receives Nasdaq delisting notice), RHA -4.5% (profit taking after recent big move, +38% in 6 wks), ANSS -4.7% (announces stock offering), ZVUE -4.1% (extends yesterday’s 20% slide), AW -3.7% (announces stock offering), LMC -3% (finalizes acquisition of mining operation), SHPGY -2.8% (provides results of ADHD study)… Under $3: IRSN -4.2% (profit taking after 123% move yesterday).
Gapping Up
Gapping up on strong earnings/guidance: ADSK +9%, HRAY +13%, CTRN +7.7%, HIBB +6.2%, SMOD +5.3% (guidance only), IMOS +3.3%… Other news: CONR +20% (to be acquired by JNJ), NWACQ.PK +16% (profiled in BWeek’s Inside Wall Street), EXLS +13% (extends yesterday’s 21% run on Q3 earnings report), AVNR +9.5% (to be added to Nasdaq Biotech index), DVAX +5.6% (Bear Stearns upgrade), AUXL +5.2% (Piper upgrade, raises tgt to $21 from $8), RMBS +3.8% (extends yesterday’s 30% move), BMD +3.5%, EFUT +3.3% (stock has been volatile all week, extends yesterday’s 15% move higher), LMRA +2.4%, CWTR +2.3%, UARM +2.2% (Cramer positive on Mad Money), VTAL +2.8% (prices offering), SEPR +2.2% (Lerrnik Swann upgrade).
Disclaimer & How I use this list
