We’re set for a flat open this morning. I’ll be watching for Friday’s range to be broken…
On Today’s Calendar:
- 10:00 — ISM Services
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 up on strong earnings/guidance: RCL -2.8% (peer CCL trading -1.2% in sympathy)… Other News: STT -5.6% (to acquire IFIN), NUVO -2.0% (cautious comments from BofA), ALV -1.7% (downgraded to Sell from Hold at Citigroup)… A number of Chinese stocks are weak pre-mkt (on low volume) as the Chinese stock mkt extended its week-long slump: TOMO -3.5%, CHU -1.9%, LFC -0.4%
Gapping Up
Gapping up on strong earnings/guidance: NVTL +12.0%, HERO +8.0%, RDCM +5.7%, CTSH +3.7%… Other News: IFIN +28.9% (to be acquired by STT), HLF +19.3% (receives acquisition proposal), TRI +14.7% (C.C.M.P. Capital and G.S. Capital Partners to acquire TRI for $50.25/share; TRI says may solicit proposals from third parties during the next 40 days; TRI also issued guidance), MLS +12.9% (SPG and Fallon Capital Mgmt confirm proposition to acquire MLS for $24/share), CLWT +10.8% (announces $700k contract), ANAD +10.6% (Barron’s article), LEA +8.0% (receives bid from Icahn affiliate for $36/share), HC +7.0% (to merge with UCO; also HC guides Q4 revs above consensus), NVAX +5.9% (UK battles Europe’s largest birdflu outbreak – FT), LMRA +5.0%, RMBS +3.6% (to host conf call today to discuss FTC remedy), ZICA +4.2%, NYNY +4.9% (headlines that Gov Eliot Spitzer is close to approving the $600 mln St. Regis Mohawk casino), SIFY +4.9%, BEAV +3.6% (peer LEA gets buyout offer from Icahn affiliate).
Disclaimer & How I use this list
