Yawn... We're in for a flat-as-a-pancake open this morning. Hopefully we can break out of this little trading range we've been in but I'm not holding my breath. Oil may be a good one to watch today with the Iran news and the oil inventory report hitting the wires at 10:30. I'll have USO on-screen just in case.
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: APSG -14% (also downgrades from CE Unterberg and Miller Johnson), KTCC -13%, BGP -8.8%, PSS -8.5%, BRLC -4.8%, AMWD -3.3%, TECD -2.7%, BHP -1.4%... Other News: THRX -5.3% (phase 3 data), DBRN -5.6% (Merriman downgrade), ILMN -3.6% (Leernik downgrade), CUK -2.1%, TP -2% (sale of logisitics unit imminent - FT), CCL -1.3%, XMSR -1.3% (profit taking after 20% move yesterday).
Gapping Up
ISSX +6.4% (to be acquired by IBM), DTC +12% (to merge fine paper unit with WY), YMI +10.4% (cancer trial to continue), OLAB +6.4% (extends recent momentum), CBST +7.3% (positive TWP comments), NVAX +4.9% (Director bought 58K shares), RMBS +4.4% (court stays Hynix trial against Rambus), DRL +4% (names Citigroup exec as new CEO), ENTG +3.3% (Matrix upgrade), DEPO +3.3% (co and KG prepare to launch Glumetza), DYN +3.3% (Cramer bullish on Mad Money), SUNW +2.8% (positive WSJ article), MEDI +2.8% (extends recent momentum), PEIX +2.3%, F +2.2% (co interested in joining Renault-Nissan alliance if talks with GM falter -- WSJ), MT +2.1% (co says it's confident in Arcelor Brasil ruling - Reuters), MDT +1.7% (reports Q1, guides for FY and FY08), ANDE +1.5% (prices offering)... Under $3: GTW +20% (receives bid for its retail operations), CTIC +20% (positive cancer drug study), NMSS +6.8% (chairman insider buy).
Disclaimer & How I use this list
