Too many decent looking shorts to choose from today, so my list is too long and I even left some off because I knew I could try to track them all. I'm still wary of expiration pinning though, and since I'm in cash I may just wait until Monday to initiate any swing trades.
Currently holding:
Long - None
Short - None
Looking for swing trade entries in:
Longs - PKZ, RHD
Shorts - AAP, AVID, CDWC, CHKP, COH, CTXS, CVC, DOX, DVA, HOT, LIN, MCHP, ORLY, SFA, TBL, UNFI, WAT, YHOO
Potential day trades:
(From Briefing.com)
Gapping DownWTSLA -50% (reports JulQ, co to consider strategic alternatives; JP Morgan downgrade), ANSI -8% (announces 14.9% stake in CYBX in open market purchases), SHRP -7.7% (reports in-line, guides OctQ and full yr lower; downgrades from JP Morgan and WR Hambrecht), JWN -7.5% (misses by $0.02, guides below consensus; AG Edwards downgrade), CHINA -5.6% (announces sanctions from China Mobile), NOVL -3.8% (reports in line), MRVL -2.4% (beats by a penny), SAP -2.3%, KMRT -1% (Rich in cash and real estate, but not in sales - NY Times).
Gapping Up
CYBX +27% (ANSI, a competitor, announces 14.9% stake in CYBX in open market purchases), CRDN +17% (wins ceramic body armor contract), RSE +32% (to merge with GGP), ELBO +10.7% (beats handily, guides OctQ much higher), ADSK +9.2% (beats by $0.04, guides Q3 above consensus), PXLW +4.4% (Smith Barney upgrade), CIEN +3.1% (Morgan Stanley upgrade).So much for my ELBO pullback :-(
Any thoughts on investing in GOOGLE?
I've written about it several times. (You can use the search box over to the right.) Basically, I wouldn't touch it until some kind of trend is defined. And since you said 'invest' and not trade, I'd probably wait for a 50 day moving average to appear