Watchlist for December 27, 2006

I’m sure Apple Computer Inc. (AAPL) is on the top of traders’ lists today. It’s gapping down over 4% on high volume on news that it falsified stock option documents. If nothing else, it’ll be some welcome liquidity in this thin market. I’ll be watching how it acts at the November lows (77.79), which are only a few cents from where it is as I write this.

On Today’s Calendar:

• 10:00 — Nov. New Home Sale
• 10:30 — Crude Inventories — delayed until tomorrow

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

AAPL -4.2% (options probe said to focus on falsified documents – CNN), CLWT -8% (reports JunQ), IHG -4.8% (profit taking after recent big move on takeover speculation), UNH -2% (SEC starts options probe), SHPGY -1.7%, KSS -1.3% (hearing cut to Neutral at boutique firm), INCY -1%, BCRX -1%, SNCI -1%.

Gapping Up

IFON +41% (announces deal with LG), Vascular Solutions, Inc. (NASDAQ:VASC) VASC +31% (gets FDA approval for added indication for use of D-Stat Flowable hemostat), CN +19% (could benefit from a possible change of China’s tax system – Reuters), OXGN +12% (positive phase 2 data), TRGT +11% (recives milestone payment from AZN), APFC +9% (reports SepQ), RPRX +6.3% (extends yesterday’s 17% move), FSLR +4.8% (multiple positive initiations of coverage for this recent IPO; target prices in $35-37 range), VLTR +3.8% (First Albany upgrade), LFC +3% (extends yesterday’s 10 pt move), ALVR +2.9% (co announces that Aircel will use its BreezeMAX across India), AU +2.8%, SYT +1.5% (extends recent move), F +1.2% (extends yesterday’s late move on possible deal with Toyota), USB +1.1% (extends recent move higher)… Recent momentum movers are catching a bid: ESCL +4.3%, MAMA +5.4%, ONSM +3.3%… Under $3: PFSW +15% (announces deal with Fathead.com), ZICA +3.5% (extends yesterday’s 45% move).

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