Potential swing trades:
Longs - None
Shorts - None
Potential day trades:
(From Briefing.com)
Gapping Down
MYOG -21% (downgraded following disappointing trial results), CREAF -9% (reduces guidance citing softer demand for MP3 players), SGTL -7.5% (downgraded by CIBC on concerns about high inventories at AAPL and CREAF, falls even further after CREAF warns), CAH -6.8% (guides FY06 below consensus), AQNT -4.5% (downgraded at Jefferies on valuation), ISIL -3.4% (Merrill downgrade to Sell), ADBL -3% (falls in sympathy with CREAF), AAPL -2.3% (also lower on the CREAF warning), HYSL -2.6% (downgraded at Jefferies), BRCM -1.6% (CIBC downgrade).
Gapping Up
EMRG +13% (confirmation of Mad Cow case late Friday), PKZ +14% (confirms M&A talks), GENR +8% (reaches agreement on trial protocol with FDA), SYNC +7% (selected for Russell Microcap Index), MNST +5% (Barron's highlights as potential takeover candidate), CECO +4% (lifts on news DoJ has ended investigation of ESI), VCLK +3.7% (raises guidance), NVTL +3.6% (added to JP Morgan's Top 3 Picks), WAG +3.6% (posts upside earnings surprise), SLB +2% (one of several oil services stocks upgraded by RBC), TIVO +1.6% (names new CEO), SUNW +1.6% (co to share java program codes), BZH +1.5% (upgraded by UBS), NKE +1.1% (reports earnings upside), CELG +1% (will be added to NASDAQ 100).
Intraday Updates:
- 09:16 PLMO is also gapping up after getting a $50 target from ThinkEquity. It reports earnings later this week.
- 09:20 Looks like NTMD is trading again after being halted all day Friday
- 10:39 OLAB just hit the scanner -- up 100%
- 11:00 EPIX is making new highs on the day on almost double normal volume
