The futures are slightly higher this morning so I'm leaning towards the bull side although I'm not seeing much that's compelling at the moment...
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 earnings/guidance: LSCP -12.6%, HUM -3.7%, ENMC -3.5%, SYY -1%... Other News: IDIX -6.4% (Valopicitabine data; Citigroup lowers tgt to $12 from $20), UNM -6% (mentioned negatively in Barron's), LGF -4.3% (co's 'Akeelah and the Bee' movie debuts at No. 8), IMAX -3.2% (mentioned in Barron's), CMVT -2.2% (executives resign amid option trading probe), ESRX -1.9%... Under $3: GTE -13.3% (class action lawsuit filed against co).
Gapping Up
AVL +27% (to be acquired by BA), EEEI +12% (selected as exclusive distributor of Sanyo to aerospace industry), GIGM +10% (makes strategic investment in Chinese online game co), NAPS +9.5% (Napster.com launches ahead of schedule), LBIX +9%, GNSS +6.3% (bounces after recent fall), HL +3.3%, DXPE +3.2% (moves to #1 on IBD), ONNN +3.2%, NXG +3%, LVLT +3% (to acquire TelCove), TZOO +2.9%, X +2.5% (KeyBanc upgrade), XRX +2.4% (mentioned positively in Barron's), SLW +2.3%, ESLR +1.9%, ELSE +1.8% (momentum), WMT +1.7% (reports Apr sales), TEVA +1.5%, AG +1.4% (reports Q1).
Disclaimer & How I use this list
