We’ve got a small gap down working this morning but the indices will still be in the recent trading range at the open. I’ll probably keep my powder dry until that range is 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 down on weak earnings/guidance: AMWD -7.0%, BBBY -5.7%… Other news: OPWV -15.7 (Board rejects Harbinger’s offer), TELK -15.0% (announces clinical hold on Telcyta trials), GPCB -11.3% (profit taking after yesterday’s late day ~10% run following CEO’s comments on CNBC), TRMP -5.7% (downgraded to Peer Perform at Bear Stearns), JNPR -1.6% (downgraded to Neutral at UBS), SNY -1.1% (updated study results reinforce survival benefit of Taxotere for men with advanced, hormone-resistant prostate cancer)
Gapping Up
Gapping up on strong earnings/guidance: FCEL +4.3%, MIND +5.1%… Other news: DRL +11.7% (Board authorizes discussions with FBOP to review previously reported proposal), ONCY +10.1% (announces positive clinical data from U.S. phase 1 Reolysin trial), FMP +9.8% (announces exploration of strategic alternatives to enhance shareholder value), QGEN +7.5% (upgraded at WestLB, following yesterday’s ~10% sell-off after announcing DIGE acquisition), RACK +7.0% (follow-through momentum following yesterday’s +5% move, after Jon Najarian discusses co as takeover candidate on CNBC this morning), IDMI +6.8% (presents interim Phase 2 data from EP-2101 lung cancer vaccine clinical trial), RAD +3.1% (positive Cramer mention), AV +2.6% (to be acquired by Silver Lake and TPG Capital for $17.50 per share).
Disclaimer & How I use this list
What are your thoughts on Covestor and Vestopia?
Do you think its good that these p2p investing sites are coming out or not?
Kevin,
I’m not sure what to think just yet. I do like the idea that they’re tracking actual trades with real money. That certainly separates them from the other sites out there.