Is it the weekend yet??? Looks like another fun filled day. The QQQQ is almost back to its 4 PM level from yesterday after being about 20 cents lower in after-hours trading. I still think that the better opportunities are on the long side but I'll be trading in the direction of the break of the opening range -- up or down.
Oh yeah, don't forget that oil inventories hit at 10:30...
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
TVIA -12.8% (earnings report); POSS -5.6% (earnings report); DYN -3.2% (prices offering); RNAI -2.1% (prices offering)... Commodities: AU -3.5%, SLV -3.4%, BHP -3.3%, AAUK -2.8%, GOLD -2.6%.
Gapping Up
IDEV +12.6% (Compound Pagoclone achieves multiple primary and secondary endpoints and is well-tolerated); BOOM +9.2% (receives $11 mln contract for work on refinery project in Eastern Europe); FRED +7.3% (earnings report); GM +4.5% (Upgraded at Merrill; newspaper article); GLBC +3.1% (prices 12 mln share common stock offering); Bird Flu Stocks: PPHM +20.5%, NVAX +14.3%, GNBT +14.1%, BCRX +11.9%, AVII +10.3%, GILD +1.4%.
Disclaimer & How I use this list
