Watchlist for August 15, 2005

How about that Apple Computer (AAPL)? It closed at an all-time high on Friday and today Piper Jaffray picks them as their top large cap stock for the rest of 2005. I have much respect for an analyst who isn't afraid to get (more) bullish on a stock that's making new highs. That's what I'm talking about, buy high, sell higher. :-)

Potential swing trades:

Longs - None

Shorts - None

Potential day trades:

(From Briefing.com)

Gapping Down

DSCO -14% (says FDA seeks additional data), DAL -11% (NY Times report co starts bankruptcy financing) OTIV -6.2% (provides update of electronic passport project), PFSW -33% (reports Q2), DNDN -5% (shelf offering), CRME -4.8% (clinical results), FOXH -3% (WSJ article saying doctors evaluating device also own stock), SNY -1.4%.

Gapping Up

ATVI +5.7% (Bear Stearns upgrade, BofA raises tgt to $28), LOW +3% (reports JulQ, beats by $0.03, beats on revs), PXD +5.6% (discussesd favorably in Barron's), ELTK +14% (signs 3-year framework agreement), MIVA +11% (reaches settlement with Overture Services), NAPS +5.2% (announces pact with BellSouth), TASR +5% (publishes safety study), DCEL +4% (reports Q2), OSIP +4% (CSFB upgrade), PACT +3.9% (reports Q2), RRGB +3.5% (Wachovia upgrade), MYG +2.3% (declares WHR proposal superior), BIDU +1.6%, AAPL +1.3% (Piper names it as top large-cap top pick)... Under $3: UHCP +22% (Lothian Oil to buy 3.3 mln shares of UHCP), SYBR +26% (reports Q2), MDII +6%.

Intraday Updates:

09:37 Agilent (A) is up 14%

09:51 Is it just me or is there like zero volume out there today???

09:57 LUFK is up 5% to a new high

09:59 CME's trying for $300

10:19 Apple is starting to piss me off. It keeps going up on these days when my day-trading rules keep me from buying it :-o Oh well, at least I have some in my IRA...