Watchlist for July 9, 2004

All longs on the list again today. It looks like we're gapping up a bit on nothing but relief that there were no major warnings since yesterday's close. That's not real inspiring if you're bullish... but I guess its better than a gap down.

Currently holding:


Long - DITC, JNPR

Short - None

Looking for swing trade entries in:

Longs - ADTN (note to self - get out b4 Tuesday's earnings), ATRX, DKS, DRIV, GPRO, HRS, LDG, OMG, PLMO, RIMM, ROH, SAFM, SEAC, TKLC, VRSN

Shorts - none


Potential day trades:

(From Briefing.com)

Gapping Down

QDEL -37% (guides lower), CTMI -23% (guides below consensus), COMS -7% (Piper downgrade), LGND -4% (FDA guidance to result in trial delay).

Gapping Up


CLTK +15% (sells defense assets to TDY), FWHT +7% (added to S&P 600 SmallCap), IPIX +6% (continuation of yesterday's rally realted to new alQaeda threats), LSCC +6% (Wells Fargo upgrade), LEXR +5% (started at CSFB with an Outperform, $10 tgt).

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This page contains a single entry by Michael published on July 9, 2004 9:09 AM.

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