We've got a little bit of weakness this morning but if the recent action continues buyers will show up in no time at all. AS always, we'll see...
P.S. Those ISRG bears must just be hating life right now! (It's up another 3.6%) I still can't believe I got shaken out of it in the 20s and never got back in. Ugh!!!
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
APOL -8% (C.E.O. resigns; Pru downgrade; tgt cut to $50 at UBS), RELL -12% (reports NovQ), VISGD -10% (to acquire IDNX), MAMA -8.2% (co says it's unaware why stock so volatile; this cools yesterday's rumor of an INSP bid), BRCD -4% (delays 10-K filing), MTG -2.8% (reports Q4), ERICY -2.7% (Deutsche downgrades to Sell), GFI -2.7% (Canadian court schedules hearings re claims co violated the law in its recent purchases of Bolivar Gold stock), ASML -2.7% (trades down in Europe), CELG -1.5% (Barron's Online says insiders profit), AMZN -1.5% (report of online holiday usage a bit disappointing for AMZN - Reuters), PKX -1.5% (reports Q4), CBS -1.5% (Goldman initiates at underperform, $21 tgt), STX -1.3%, HD -1% (SEC opens informal investigation-NY Post), KO -1% (Goldman downgrade).
Gapping Up
FVRL +53% (receives FDA Fast Track designation), IDNX +21% (to be acquired by VISGD), BPG +12% (started with a Buy at Sanders Morris), CRY +12% (receives FDA approval), MYL +8.5% (announces Nebivolol licensing agreement), EGY +8% (updates Gabon activity), CDY +8%, BGP +7% (buy-out groups pursue co - FT) GMST +5.8% (Kaufman upgrade), SVA +5.3% (reports 1H05 results), MOBE +5% (Sears to begin carrying Mobility Elec adapters), RTK +4.3% (momentum), BBBY +3.7% (CSFB upgrade), CRUS +3.3% (Piper raises tgt to $11), NVTL +2.8%, CPWR +2.4%, RMBS +2.3% (momentum), AMTD +2.1%, ORCL +1.6% (SEBL guides higher), AAPL +1.5% (Bear Stearns upgrade, $105 tgt)... Mad Money mentions: ZGEN +12%, MYOG +6%, RIO +1.5%... Solar/energy stocks up on California solar bill: ESLR +6%, DESC +5.5%... Under $3: HIV +49% (submits application to China FDA), CBMX +14% (enters distribution agreement for China and Taiwan), ZHNE +8%.
Intraday Updates:
Disclaimer & How I use this list
ISRG continues up, much like HANS and WFMI have as well. I thought CUTR was in that class but it got the wind taken out of its sails with the PMTI lawsuit.
One of the hardest things to do is buy a stock back after you have been stopped out - but some of the biggest winners tend to be more volatile and thus it pays to re-enter if they recover and start moving again. Much easier said than done, however.
Do bears have a reason for being negative on ISRG...besides that the stock has gone nearly straight up and is very "expensive"?