There’s a lot of data being released at 10 today and it’s shaping up to be another busy day for AAPL.
On Today’s Calendar:
- 10:00 — Chicago PMI
- 10:00 — Consumer Confidence
- 10:00 — Existing Home Sales
- 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
CN -3.5% (denies it’s in acquisition talks – Bloomberg), AAPL -2.0% (CEO stock options not authorized by Board – FT), ELN -1.6%, GILT -1.5%, BTI -0.9%.
Gapping Up
SCLN +16.2% (submits regulatory application for “DC Bead” in China, patient enrollment is complete for Zadaxin), THLD +14.7% (announces top-line Phase 2 trial results of Glufosfamide for pancreatic cancer), ABMD +7.1% (CEO appears on CNBC), FCFS +5.8% (to join S&P SmallCap 600 tomorrow), EFUT +3.8% (continues yesterday’s momentum), ESCL +3.3% (momentum), GERN +3.0%, CHINA +2.6% (Opco initiates with a Buy & $12 tgt), CHU +2.5% (China stock momentum, reports that China studying when to issue 3G licenses).
Disclaimer & How I use this list
Looks like a bearish flag formation is taking shape on the 15 minute timeframe for AAPL this am.