Seems pretty quiet this morning. Perhaps this is the calm after the storm. THings are mixed at the moment with QQQQ set for a small gap up and SPY gapping down a little. LEt's see what develops.
On Today's Calendar:
- 10:00 -- Factory Orders
- 10:00 -- ISM Services
- 10:30 -- Crude Inventories
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
Retailers trading lower on disappointing Dec same store sales: HOTT -14% (also lowers guidance), BJ -12% (also lowers guidance, announces mgmt changes and store closures), BEBE -10.4% (also guides below consensus), LTD -5.4%, CHS -5.1% (also guides below consensus), FNLY -4.3%, DDS -4%, GPS -2.7% (also guides lower)... Other news: NRMX -11% (Brean Murray initiates at Sell with $1 target price), SGTL -9% (guides lower; CEO resigns), AAI -6.7% (says it expects modest loss in Q4 vs consensus of $0.10 profit), STZ -4.7% (reports NovQ; also Deutsche downgrade), LMC -3.7% (extends yesterday's 5% slide), BHP -2.3% (copper prices tumble)... Chinese stocks are sharply lower on profit-taking after recent surge: CHA -5.8%, LFC -4.9%, CN -4.4%, CHL -3.8%, FXI -3.4%
Gapping Up
IFON +17% (renews agreement with Samsung), MTRX +18% (reports NovQ, beats handily), PCOP +16% (announces deal with Wyeth), OSUR +10.4% (announces deal with SGP), WITS +9.7% (reports Q4 revs above consensus; also ThinkEquity upgrade), BOOM +7.6% (announces record Dec orders), OSCI +6.3% (announces European commericialization agreement), PANC +4.9% (Wachovia says it would be a buyer on recent weakness), NAPS +4.5% (strong rev and subscriber guidance), SIX +4.1% (Cramer interviews CEO; predicts shares have bottomed), GYMB +4.1% (reports strong Dec same store sales), GMKT +3.4% (announces two new board members), NUVO +3.2% (initiates phase 2 trial), ZVUE +3.1% (announces Dec web traffic), AZN +1.5%, SIRI +1.3% (extends yesterday's 6% move)... Under $3: ONT +9.2% (ThinkEquity names ONT as a Top Pick).
Disclaimer & How I use this list
Michael, I checked several times today for other post and have not found any. I'm new to the site. Am I missing something:-?
Do you mean you're checked for newer posts than this one? I generally only post before and after the market. I'm working on tonight's post right now.
Michael,
Thank you for the clarification.
Dan