The sellers seem to have lost their grip. They failed to break that late October support for the second session in a row and now the bulls are stepping up…
On Today’s Calendar:
- nothing, but Big Ben is speaking today
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
On weak earnings/guidance: BLTI -20%, CUTR -13.3%, CTSH -9.9%, LLNW -8.9%, FTEK -6.7%, HLEX -6.5%, IMB -6%, AOB -4.3%, LOCM -3.5%… Other News: MNTA -46.2% (Announces receipt of FDA letter – M-Enoxaparin ANDA not approvable in current form), CBAK -12.3% (Entered into a private placement, selling 3.5 mln shares), BSX -5.5% (Announces sale of Cardiac Surgery and Vascular Surgery businesses), JADE -4% (Announces new auditor).
Gapping Up
On strong earnings/guidance: GTXI +18.4%, DIVX +17.5%, XFML +12.4%, GES +10.6%, VCI +10.2%, THC +9.9%, SYKE +9.3%, AIXG +8.2%… Other news: JSDA +8.5% (CNBC reports JSDA won bid to NJ Nets Barclays Center beverage rights), FSLR +9.6% (announces additional four production lines to support new long term module supply agreements totalling 557MW; several analysts making positive comments on the news this morning), ABK +8.5% (co issues statement disputing recent analyst report).
Disclaimer & How I use this list
