I was expecting to have a lot of potential shorts for today but somehow I ended up with 16 longs and only one short. Despite those apparently bullish scan results I'm still very much focused on the nearby support.
Potential swing trades:
Longs: AMG, BBBY, CMC, CSC, CTSH, DOX, DRIV, FAST, MCRL, NIHD, NTES, SOHU, TOMO, TWTC, WEBX, XMSR
Shorts: ADCT
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
BOL -18.5% (halts US shipments of lens solution; also multiple downgrades), YSI -8% (CFO resigns; downgrades from Wachovia and Citigroup), ASVI -4% (Miller Johnson downgrade), SCUR -2.8% (guides lower), OLAB -2.5% (profit taking after recent huge move), DB -1.6% (UK regulator fines co for market misconduct - WSJ)... Under $3: CVM -9% (profit taking after recent huge move), OTD -3.9% (same).
Gapping Up
PLUG +22% (receives $217 mln cash investment from Russian investment firm and Norilsk Nickel), BDCO +17% (extends recent momentum, +160% in 2 weeks; up in sympathy: FUEL +7.7%), ZP +86% (new ZapCars on display at NY Intl Auto Show; also momentum), HSR +48% (reports Q3), TRIS +14.7% (wins govt contract), NXG +11.6% (announces that diamond drilling at its Young-Davidson property has encountered significant gold mineralization; see recent profile), AA +7% (reports Q1; also CIBC upgrade; up in sympathy: AL +2.8%), NOK +4.5% (avg selling price above forecasts; up in sympathy: MOT +1.6%, TXN +1.3%, RFMD +1.1%), HYTM +3.7% (First Albany defends co folowing recent negative press), PEIX +3.3% (momentum), PGS +2% (files shareholder information statement), JNPR +1.9% (WSJ article says co may be in play), PD +1.9% (Deutsche raises tgt to $110)... Mad Money mentions: NUVA +6.9%, AV +3.4%, NOV +2.6%... Under $3: NXXI +3.1%.
Disclaimer & How I use this list
