Remember, the always fun oil inventories hit at 10:30. Let the chop resume...
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
Gapping down on disappointing earnings/guidance: SOLD -25% (also downgrades from Piper and JP Morgan), TRBM -17%, FRGO -15%, COGT -14% (also downgrades from OpCo and Bear Stearns), APSG -10.4% (also SunTrust downgrade), PSUN -6.3% (also downgrades from Pru and Wachovia), FWLT -4.2%, SGMS -2.9%, NKTR -2.5%... Other News: OSIP -3% (Genentech gets FDA priority review for eye drug), SIRI -2.7% (CBS Radio Sues Howard Stern - AP), ELN -1.6% (announces suspension of trading of its shares on March 7 for up to 2 days), PFE -1.1% (Pfizer unit under inquiry from Italy's attorney office - DJ)... Under $3: ISIG -7.5% (reports Q4).
Gapping Up
Gapping up on strong earnings/guidance: ADSK +4.8% (also OpCo upgrade), AEOS +6.5%, NVAX +5.2%, DECK +4%, JOYG +3.3%, MHS +2.6%, SKS +2.1%... Other News: MNDO +8%, RAD +5.7% (Goldman upgrade), JRCC +6.5% (to explore strategic alternatives; also reports Q4), BLDP +4.9%, THE +4.7% (Deutsche upgrade), DMX +3.9% (momentum), HGSI +3.8% (Citi raises tgt to $19), ALTR +2.8% (Bear Stearns upgrade), ABB +2.7% (appears court approves reorg plan for unit - Reuters), BOOM +2.1% (momentum), GOOG +1.2% (bounces after yesterday's nearly 28 pt drop)...Cattle tagging stocks up on WSJ article: EMRG +40%, ADSX +4.4%, DOC +1.5%... Mad Money mentions: VPHM +6.3%, CATG +3.3%, NUVO +3.2%, SHW +1.9%... Under $3: KAL +13% (clinical data), CVM +10% (momentum), GNTA +6.5% (FDA accepts appplication), MBAY +12% (extends yesterday's 44% move), SCLN +4.7% (reports Q4).
Disclaimer & How I use this list
