Uh oh, it’s Friday the 13th… I’d better stay off of two wheeled vehicles today. :-ss [-o<
On Today’s Calendar:
- 10:00 — Business Inventories
- 10:00 — July Mich Sentiment-Prel.
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: VIMC -14.1%, NEXT -9.8%, BHI -4.0%… Other news: IDIX -22.3% (says Valopicitabine development program placed on clinical hold in the U.S.), SBEI (more profit taking following Wed’s +170% move), TS -4.8% (downgraded to Underperform at Credit Suisse), RTP -3.4% (last night AA withdrew their bid for AL due to RTP’s bid; AA also made comments on price level), OO -3.4% (not seeing any news, note that co is being acquired by LUX for $29.30 per share), PPDI -2.3% (downgraded to Hold at Jefferies).
Gapping Up
Gapping up on M&A news: PYX +17.0% (to be acquired by ENR for $18.30 per share in cash… Other news: RAE +9.7% (announces it wins Polimaster arbitration), ZIOP +7.5% (profiled in Inside Wall Street on BusinessWeek Online), PKX +6.0% (traded to record highs in Asia after co bought its own stock to strengthen defenses against possible takeover attempts – Bloomberg.com), DYAX +6.3% (prices a 10.5 mln share common stock offering at $3.67/share), BQI +4.2% (continued momentum after yesterday’s 25% run), GPRO +4.2% (positive Cramer mention), AA +3.4% (withdraws bid for AL; positive comments at Credit Suisse), MRVC +3.2% (upgraded to Buy at Roth), HOKU +3.7% (still checking around).
Disclaimer & How I use this list
