Like I said yesterday I'm looking forward to playing the short side this week, so this morning's weakness suits me just fine. Keep in mind that the ISM report hits at 10:00.
On Today's Calendar:
- 10:00 AM -- Construction Spending
- 10:00 AM -- ISM Index
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
OPMR -36% (new internet gambling law seen as negative; Soleil downgrade), CRYP -27% (new internet gambling law seen as negative), LCAV -21% (guides lower; broker downgrade), GIGM -12% (new internet gambling law seen as negative), FDC -45% (completes spin-off of Western Union), TRAC -10.7%, GILD -5.6% (to acquire MYOG), ACOR -3.2% (profit taking after big move last week), ENCY -2.3% (class action lawsuits filed), AAPL -2.1% (Citigroup downgrade), JKHY -2%.
Gapping Up
MYOG +48% (to be acquired by GILD), RICK +6% (extends Friday's 7% move), RBAK +5% (Matrix upgrade), FLS +3.8% (co makes positive comments on orders; approves share buyback; Bear Stearns upgrade), UHCP +11%, PRST +3.7% (Matrix upgrade; Needham reits Buy rating following Friday's 13.5% sell-off), NVTL +3.5% (recovers a bit following last week's sell-off), BMRN +3.4% (Baird upgrade), NEOL +3.1% (co announced late Friday that Chairman bought 20K shares), PETM +2.6% (mentioned positively in Barron's), DIVX +2.2% (extends last week's rally), BCRX +1.8% (same)... Under $3: SNTO +2.4%.
Disclaimer & How I use this list
Mike,
I found my answer already about the per share pricing already, thanks. CyberTrader was the name of the firm you use. Maybe instead of going over the per share benefits again you can talk about your thoughts on prop firms.
Thanks
SD
I've never been with a prop firm, so I couldn't really say much about them. You may want to ask Ugly @ UglyChart.com and/or J.C at NYSE Scalper
There's an article at Trade2Win on "Trading Arcades" (prop firms) that you may want to read as well.... oh, Ugly had a post about the Pros and cons of trading with a prop firm