It's Thursday of expiration week so that means it's my day off. The indices are set for a small gap down this morning. It'll be interesting to see if the Nasdaq can stay above its 200-day moving average. Good luck (and/or skill) if you're jumping into the fray today. The gappers are below...
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
STLY -10% (guides lower; BB&T downgrade), TWTC -4.5% (stock offering), BOBJ -3.8% (Canaccord Adams downgrade), ARXT -2.8% (hearing 3 mln share block priced at $39), MCDTA -2.7%, APCC -2.6% (JP Morgan downgrade), ASML -1.7%, ACGY -1.7%, BA -1.4% (UBS downgrade), SCHW -1.4%, OHI -1% (FBR downgrade), GE -1% (to sell materials unit; also UBS downgrade).
Gapping Up
WITS +12% (NICE in talks to acquire the co - Reuters), RFIL +7.1% (extends yesterday's 53% move), DIOD +8.2% (guides higher), LVLT +4.4% (Cramer positive on Mad Money), XMSR +4.3% (Credit Suisse upgrade), HANS +4.2% (Goldman adds to Conviction Buy list), KNDL +4.2% (provides guidance on conf call), NAPS +4.1% (Soieil initiates with $7 tgt), NURO +3.8% (Jefferies says it would be aggressive buyers of NURO), STLD +2.8%, BRG +2.5% (Morgan Stanley upgrade), IR +2.3% (Deutsche upgrade), RMBS +2.1% (extends recent momentum), BMHC +1.7%, DNA +1.3% (Stifel upgrade)... Under $3: ENPT +17%.
Disclaimer & How I use this list
