I wasn’t around for yesterday’s session but the results don’t surprise me given what I wrote about in the previous recap post. Sometimes it’s really no more difficult that watching and acting upon support & resistance. It is still expiration week, so be aware of pins.
Heads up for the Philly Fed release at noon!
On Today’s Calendar:
- 10:30 — Crude Inventories
- 12:00 — Philadelphia Fed
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
NFI -39.0%, SINA -9.1%, HSOA -9.1%, DEEP -7.6%, JCP -5.2%, AMAT -4.3%, BHP -3.7%, BEAS -3.7%, THQI -3.3%, SWN -2.8%, MTSN -2.6%, AFCE -1.6%, WSM -0.9%, FRO -0.7%
Gapping Up
ADLS + 31.6%, TSTC +22.0%, CHIC +18.8% , KLIC +13.6% , STP +11.0% , DIET +10.7% , FUQI +10.2% , WGOV +10.0% , BID +9.2% , PETM +6.4% , GSI +5.5% , FCSX +4.4% , INOD +3.6%, HP + 3.3%, FSYS + 3.1%, ANST +2.4% , TTEK +2.4% , PBI +2.1% (increase share repurchase), NUAN +1.7% , NTAP +1.5% , PODD +1.3% , PII+ 1.2%; Other news: LOCM +20.6% (begins liscencing local search technology), CMZ +9.2% (Icahn Mgmt reports new Compton Pete stake — DJ), KMX +6.0% (Buffett reports holding 14 mln Carmax shares at Sept 30 — DJ), NDN +5.7%, PLCE +4.4% (Icahn reports new Children’s Place retail stores stake — DJ), AMLN +3.9% (announces Pramlintide and Leptin weight loss results), BMY +3.0% (IMCL and BMY drug results in improved survival of colorectal cancer), OZM +2.9% (went public in IPO yesterday), IMCL +2.8% (IMCL and BMY drug results in improved survival of colorectal cancer), IACI +2.7% , MOGN +2.7% (Icahn Mgmt reports new MGI Pharma stake — DJ), GENZ +2.5% (Icahn Mgmt reports new Genzyme stake — DJ), TTWO +2.1% (Icahn Mgmt Reports New Take-Two Interactive Stake — DJ), WBC +1.9% (Buffett reports holding 2.7 mln Wabco shares at Sept 30 — DJ), GME +1.7% (Cramer gives positive comments on Mad Money), HD +1.7%, IGTE +1.6% (announces shareholder approval of delisting transaction), MER +1.2% (confirms John Thain named Chairman and Chief Executive Officer), BMY +0.5% (New England Journal of Medicine study shows ERBITUX improves survival in Advanced Colorectal Cancer) Solar stocks showing strength: TSL +4.5%, JASO +1.8%; Uprades: TMX +4.5% (upgraded to Buy at Citigroup), VCLK +3.5% (upgraded to buy at Citigroup), AVCT +1.9% (upgraded to Buy at ThonkEquity), AMZN +1.7% (upgraded to Buy at Stifel), MER +1.2% (upgraded to Neutral at Creit Suisse).
Disclaimer & How I use this list
