Looks like I'll have to put my evil plan to short everything on hold for a while. I actually like that the market's gapping up because I hate trying to chase falling stocks at the open. So if we roll over today I'll be ready...
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
CNCT -25% (lowers Q2 guidance; withdraws full yr guidance), LTON -22% (comments on new mobile operator policies), SGR -10.7% (reports MayQ, to restate FebQ), KRON -10% (guides lower), GRRF -8.8% (profit taking after 28% move on Friday), CNET -7.8% (expects restatement based on option accounting), CHTT -7% (reports MayQ, lowers guidance), KGC -5.2%, NXG -4.6% (UBS downgrade), IDCC -4.5% (Piper downgrade), EMC -2.5% (guides lower), HMY -1.4% (UBS downgrade).
Gapping Up
SMSC +18% (reports MayQ, guides higher), GMXR +6.5% (First Albany upgrade, $61 tgt), BIOS +6.6% (extends recent move, +30% in 3 weeks), CSH +5% (guides above consensus), MOBE +4% (expands trial program with Best Buy), LGF +3.7% (mentioned positively in Barron's), ANDE +3.3% (to build more ethanol plants), MIKR +3% (added to IBD 100), BBC +2.8% (positive guidance), HTG +2.7% (to be acquired by Centro Properties), CNXT +2.3%, TZOO +2.3% (bounces after 7.3% drop on Friday), XING +2.1% (recovers after 2 days of weakness), DIS +1.7% (strong Pirates debut)... Mining stocks are strong: MDG +3.2%, SSRI +2.8%.
Disclaimer & How I use this list
chance now coming
Yep..but I've been shorting all morning :-)
i was thinking the same evil plan this weekend!
I shorted HANS today and then covered for a 8.5% profit. The market sure was weak. I thought we were expecting a stronger than usual earnings season?
Nice, I only got a 5.76% gain from HANS today. :-) Gotta love a 4-for-1 split to bring out the sellers!
I wonder whether "HANS money" migrated over to LBIX...
wow, another "sugar water" maker running like mad