THe futures just jumped up a bit on news of Iran’s “gift” to Britian — releasing the 15 sailors. So we’re threatening to breakout above the March highs. Let’s see if the bulls can follow-through…
On Today’s Calendar:
- 10:00 — Factory Orders
- 10:00 — ISM Services
- 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
Gapping down on weak earnings/guidance: PKTR -26.5%, GBX -11.3%, MNST -8.7%, PACR -7.3%, MIPS -5.7%, CC -2.2%… Other news: FCEL -5.2% (prices 9 mln share common stock offering $7.50/share – Bloomberg), ABG -3.8% (announces secondary common stock offering), MEDI -2.1% (downgraded to Mkt Perform at Bernstein), NYX -1.8% (profit taking following yesterday’s late day strength).
Gapping Up
Gapping up on strong earnings/guidance: HAYZ +4.2%… Other news: PSDV +47.0% (signs $165 mln collaborative research and licensing agreement with Pfizer), CYTR +11.4% (announces positive results of Arimoclomol in preclinical stroke recovery studies), PCYC +9.9% (NDA for treatment of lung cancer brain metastases to be filed over protest), IDMI +8.6% (continued momentum), POZN +8.0% (announces trexima provided superior sustained pain-free results compared to sumatriptan), NHWK +7.6% (upgraded to Buy at Goldman), JTX +7.5% (co says DoJ matter is not likely to have a material adverse effect, also upgraded at Morgan Stanley), CWTR +6.3% (upgraded to Buy at BofA), RNO +5.3%, LMC +3.8% (Globe and Mail reports LMC is preparing to acquire RNO), CIMT +4.4% (continued momentum), NUAN 3.6% (initiated with a Buy at Kaufman, positive comments at FBR).
Disclaimer & How I use this list
