Google's analyst meeting is today. Think they'll say anything to cause another 50 point drop? Me neither. :-) As for the indices, same old story, still range-bound and up one day down the next (at least based on the pre-market futures).
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 disappointing earnings/guidance: QNTA -37% (guides lower, reviewing strategic alternatives; multiple downgrades), CIEN -6.9%, OVTI -4.3%... Retailers down on disappointing Feb same store sales/guidance: ANF -8.4%, SHRP -8%, CHS -5.8%, CTRN -3.9%, BEBE -2.6%, PDLI -2.4%, COST -2.3%, AEOS -1.1%... Other News: NSTK -35% (reacquires nasal spray from Merck; Merck says it's ineffective), DCN -26% (misses bond payment), TERNE -14% (to restate earnings), CNXT -4% (announces convert offering), CATG -3.7% (profit taking after recent run), AMZN -3% (Toysrus.com Prevails In Amazon Litigation - DJ), MX -2.5%, IMCL -2.3% (Erbitux approved, but black box label required), CUK -1.9%, IFX -1.9%, ABB -1.6%.
Gapping Up
Gapping up on strong earnings/guidance: VSNT +31%, DXPE +19%, PETM +7%, TFSM +3.8%, TS +3.1%, CETV +2.8%... Other News: MONE +21% (to be acquired by DASTY; up in sympathy AGIL +8%), ALTI +7.5% (tgt increase at WR Hambrecht), ELN +4.3% (Tysabri data), RAD +3.9% (Mad Money mention), SCMR +3.1% (Matrix upgrade), WFII +2.8% (major wireless carrier selects co's service), VPHM +1.9% (announces elimination of debt), CVC +1.5% (UBS upgrade), AMD +1.3% (positive Morgan Stanley note re Google), ENER +1.3% (prices offering)... Under $3: MBAY +19% (momentum), IPIX +7.5% (reports Q4), AVNX +4% (product announcement), GNTA +3.2% (clinical data).
Disclaimer & How I use this list
Do you know what time the Google meeting is today?
According to their website -- Google Analyst Day
March 2, 2006 at 10:00 AM PT
Event Information (http://investor.google.com/)