I doubt if I'll do much today since it should be a relatively low volume session. There are some interesting gappers this morning though, especially those that are gapping down. (Yes, I still have my bear costume on.)
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
ALXN -28% (heart attack drug misses endpoint), HOM -14% (announces private placement), PETC -13% (reports Q3, guides below consensus), RIMM -7% (lowers subscriber guidance), EPIX -11% (FDA requires at least 1 additional study), CNR -10% (provides operational update), SHRP -6% (reports OctQ, misses by $0.03), WEBX -5% (Lehman downgrade), RSTO -4.7% (reports OctQ), POTP -3.7% (RBC downgrade), BEBE -3% (C.E.O. adopts Rule 10b5-1 trading plan), GFI -3% (profit taking after recent momentum), NBT -2.2%, CMED -2%, PG -1.2% (says Q3 earnings at Gillette units down), CSG -1%.
Gapping Up
AKS +14% (in sympathy with Dofasco buyout offer, also X +1.4%), CWTR +5% (beat by $0.01, beats on revs; mentioned on Mad Money), ICBC +4.8% (Sovereign Bank and Banco Santander agree to revised terms; NYSE not going to block deal; should allow SOV to buy ICBC), SNDK +2.9% (extends yesterday's 6% run), SIGM +2.5% (reports OctQ), UTSI +5.7%, ALOY +2%, GM +1.2% (sees 2006 China sales growth outpacing market - Reuters), FORD +1%... Under $3: TRFDF +10% (patent approval), CNXT +4.5% (Cramer bullish in stock).
Intraday Updates:
- 09:43 The tankage in CMED continues
- 10:20 I almost forgot that its Wednesday... oil inventories are due in 10 minutes
- 10:22 I just sold my remaining GOOG and AAPL shares in my long term account. Sad but true. It's time to set them free and I'll reevaluate on the next (considerable) dip
Disclaimer & How I use this list
quick ques on a stock nfi, does it look like three white soldjers to you and if so how long the up swing?