Watchlist for December 14, 2006

I wonder what today's MAMA or PGLA will be. We've got a small gap up on the Nasdaq but it's too small for me to want to fade it. Remember expiration is tomorrow, so don't be surprised to see strike pinning start happening, if it hasn't already.

On Today's Calendar:

nothing during market hours

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

ARGON ST, Inc. STST -12% (reports SepQ, misses by $0.12, guides revs below consensus), GERN -10% (announces stock offering), XNN -8.6% (reports SepQ), Encysive Pharmaceuticals ENCY -8.3% (FDA says Thelin response incomplete), PGLA -8.2% (profit taking after 120% move yesterday), CHRD -8% (reports SepQ revs below consensus, delays 10-K), MGLN -7.4% (guides below consensus), BECN -6.5% (reports SepQ), MAMA -5.1% (profit taking after 70% move in 2 days), NFLX -4.3% (BofA initiates with Sell rating, $24 tgt), SIRF -3.7% (TomTom second source is no longer a rumor - Jefferies), SMSI -3.3% (prices stock offering), DRIV -2.6% (Credit Suisse downgrade), ZMH -2.3% (guides below consensus, Piper downgrade), UTX -2.2% (provides earnings guidance, co says soft housing market a concern and commodity costs continue to be a headwind), WGO -2% (reports NovQ), BP -1.5%... Under $3: ALTI -6% (prices offering).

Gapping Up

Ciena Corp. CIEN +5.2% (reports OctQ, beats by $0.04), SimpleTech, Inc. STEC +5.9% (profiled in New America section of IBD), Input/Output, Inc. IO +5.3% (wins large contract), Nuance Communications, Inc. NUAN +4.8% (Citigroup initiates with $15 tgt), ASFI +4.3% (reports SepQ, beats by $0.16), PNTR +4.3% (bounces after 6.5% drop yesterday), FTEK +4%, GLH +3.6%, GPS +3.4% (Lampert could be eyeing Gap - WWD.com), GIGM +3.3% (announces game license agreement), MGAM +3.2% (reports SepQ results), ANDE +3.1% (BofA upgrade), COST +2.8% (reports NovQ), GUID +2.8% (extends yesterday's big move on IPO debut), F +1.6% (Merrill upgrade), Research In Motion RIMM +1.2% (Amtech raises tgt to $175)... Under $3: GNBT +21% (positive clinical trial results), INSM +16% (Iplex study results).