Once again there are only shorts on the list. Most of these have bounced near their middle Bollinger Band and started making bearish candlesticks (shooting stars, bearish engulfing, doji, spinning tops) in that area.
I may change my mind about holding positions through the Fed decision tomorrow. If I can get a bit more of a profit cushion I may just roll my stops down to lock in small gains and see what happens. Many of these shorts have too much potential for me to bail on them prematurely, so I'll try to stick it out.
Currently holding:
Long - None
Short - NVLS, RHAT, SLAB, SNDK, TARO
Looking for swing trade entries in:
Longs - none
Shorts - AUO, CYMI, FFIV, GTK, ICOS, NTES, NYB, PDLI
Potential day trades:
(From Briefing.com)
Gapping Up: NYB +3.4% (Fin Times says Citgtoup interested in buying NYB), CLWT +63% (reports year-end results, announces dividend), WHT +10% (CDE increases offer), AIRT +9%, SNWL +8% (positive Piper note), AMD +3% (AMD has finally been able to penetrate Dell -- Susquehanna), OSIP +2% (Tarceva has been accepted into the FDA's Pilot 1 Program)... Under $3: FMTI +11% (gudies higher).... Gapping Down: WM -11% (guides lower, job cuts), FLWS -5% (guides Q4 revs below consensus), HUBG -4% (prices offering), PLMO -2.3% (2 of PLMO's 3 China sales agents stop selling Palm PDAs - DigiTimes).
