Watchlist for January 22, 2007

We’ve got a little bit of strength in the pre-market which is pushing the S&P 500 near the recent multi-year highs. Let’s see if it can push through…

P.S. Anybody out there speak German? We’d really appreciate a translation of this Wallstrip article.

On Today’s Calendar:

• 10:00 — Leading Indicators

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

CFHI -9.5% (extends Friday’s 25% sell-off when co warned about impairment charges), CENT -8.3% (lowers Q4 guidance), PETS -7% (reports DecQ, misses by $0.02), DSTI -5.1% (profit taking after 16% spike on Friday), UA -3.6% (mentioned negatively in Barron’s), USU -2.7% (provides guidance), XMSR -2.2% (Pac Crest downgrade; also judge rules that lawsuit by the record industry against the co can proceed; also SIRI -1.8%), SIFY -2.2% (reports Q3), ALDN -1.7% (reports Q4, provides guidance), LOGI -1.6% (profit taking after recent run), ALU -1.2%, QGEN -1%… Under $3: STSI -34% (unfavorable court rulings in lawsuit against RAI, co says it is mulling asset sales), MOVI -5.6% (co reports Q3 results following delay).

Gapping Up

SGTL +20% (design win at Samsung for its TV Audio product line), SWFT +9.1% (to be acquired by co’s founder), HOKU +6.7% (bounces after 19% drop on Friday), CECO +5.7% (co says the govt has lifted bans on school acquisitions), CEGE +5.2% (positive phase 2 data), CGV +3.9% (recently passes CLEAN Act seen as positive for CGV – Jefferies), CHL +3.6% (to buy large stake in large Pakistani mobile carrier), NGAS +4.6% (extends recent momentum), LYO +4.5%, GUID +3.4% (multiple initiaitons of coverage for this recent IPO), RDY +2.8% (reports Q3), AMGN +2.4% (Bear Stearns raises tgt to $83), SUNW +1.7% (co to work with Intel – WSJ), C +1.1% (CFO to be reassigned)… Under $3: FMDAD +29% (regains Nasdaq listing compliance), DSCO +17% (gets FDA guidance on Surfaxin), XNL +9% (ethanol stock ticking up ahead of state of the union address tomorrow), ASDX +5%.

Disclaimer & How I use this list