Watchlist for July 22, 2004

by Michael on July 22, 2004

The futures, which were up about 30 minutes ago, have deteriorated and now point to a lower opening. Perhaps we’ll finally get the whoosh.

Currently holding:

Long – None

Short – None

Looking for swing trade entries in:

Longs – None

Shorts – None

Potential day trades:

(From Briefing.com)

Gapping Down

Lower on disappointing earnings: ERES -9%, EBAY -5%, CAT -5%, DRRX -30%, AEIS -22%, UTEK -17%, ELAB -7%, EXTR -7%, SSTI -6% (also Wachovia downgrade), SWIR -6%, CFC -3.3%….. AMZN -2.3% (sympathy with EBAY), IMCL -4% (Erbitux’s high price raises difficult questions – WSJ).

Gapping Up

Moving higher on strong earnings and/or guidance: LRCX +9%, ACSEF +18%, TSCM +12%, CCMP +11%, SWKS +9%, VISG +7%, ELNK +5.4%, SYMC +3%…. APSG +4% (to be added to S&P 600 SmallCap Index)… Under $3: TGAL +18% (awarded two patents for nano layer deposition).

Disclaimer & How I use this list

Comments on this entry are closed.

Previous post:

Next post: