Looks like more selling today but I'm not sure that I want to get too aggressive on the short side after yesterday's steep slide... at least not without a bounce first.
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: EXPE -23% (also First Albany downgrade), WSTL -7.2%, NVDA -3.1%, KRY -2.3%... Other News: THLD -76% (co says FDA partially suspends clinical trial; also multiple downgrades), ESCL -6.7% (extends recent collapse), TASR -5.3% (delays 10-Q for accounting errors), SGG -4.5%, ATML -3.4% (profit taking after recent run), HANS -2.6% (extends yesterday's 8.4% drop), JDSU -1.3% (extends yesterday's 10.6% drop), UNH -1.3% (extends recent slide), WYNN -1.3%.
Gapping Up
Gapping up on strong earnings/guidance: HEES +16%, JOBS +9.7%, AOB +7%, IAG +5%, MT +3.7%, ADI +2.5%... Other News: BF.B +15%, MOGN +9%, ADIC +6.4%, GGB +3.9% (Mad Money mention), AES +3.5% (Mad Money mention), CAKE +3.3% (Lehman upgrade), MOVI +2.3% (momentum), PEIX +2%, GM +1.9% (KeyBanc upgrade), GSK +1.2% (named as a beneficiary in NY Times article describing federal efforts to require more hand-held inhalers), SHPGY +1.1%... Under $3: EZM +2.4% (momentum).
Disclaimer & How I use this list
