There are some interesting movers this morning, including SHLD, BRCD and DELL, which is jumping over its 200-day moving average. Those are at the top of my list at the moment.
I hope all of you have a great Thanksgiving. I’m taking Friday off so look for regular posting to resume Monday.
On Today’s Calendar:
- 10:00 — Mich Sentiment-Rev.
- 10:30 — Crude Inventories
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
EHTH -9% (TWP initiates at Underweight), CWTR -6.7% (disappointing OctQ report), NVAX -6.5% (files shelf registration), PDLI -3.8% (Roche ends collaboration; also First Albany downgrade), PACT -3.1% (extends recent weakness), OPWV -3% (gets another delisting notice), OPSW -2%, EYE -2% (Merrill and Citigroup downgrades), SAI -1.6% (six firms initiate coverage on recent IPO, all are Hold/Neutral).
Gapping Up
Gapping up on strong earnings/guidance: DELL +10% (also upgrades from Bear Stearns and Needham), BRCD +7.8% (also Needham upgrade), JCG +6.1%, PSS +3.9% (also Susquehanna upgrade)… Other news: CLWT +44% (Forbes article; being picked up as a momentum name), NWACQ.PK +26% (possibly up on Delta bondholders pushing the US Air deal perhaps making a Northwest deal more likely), CRAY +28% (wins Pentagon contract to develop next supercomputers), MGM +10.4% (Tracinda announces tender offer for 15 mln shares), LAB +5.6% (extends recent run), IACI +5.4% (to be added to S&P 500), EFUT +5.4% (continued momentum), CYBX +5.1% (extends yesterday’s late move higher), MCDTA +5.1% (in sympathy with BRCD), DTV +4.9% (to be added to S&P 500), MRVC +4.6% (Cowen initiates with Outperform), HNSN +4.6% (Greenberg mentions on CNBC), VCLK +4% (to be added to S&P 400), SHLD +3.9% (positive broker comments), BEAS +3.6% (Cramer bullish on Mad Money, calls it an unequivocal buy), NOK +2.8% (completes demonstration in China), FCX +1.8% (FBR upgrade), INTC +1% (in sympathy with Dell).
Disclaimer & How I use this list
