THis will be a very busy week for the markets. We've got options expiration, a ton of economic data, a flood of earnings reports and Bernanke speaking before Congress for two days. Be careful out there...
On Today's Calendar:
- nothing
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
Gapping down on weak earnings/guidance: HHGP -13.7%, MERX -7.1%... Other news: FRPT -7.8% (AH announced a $518 mln MRAP order after the close on Friday; this morning Thomas Weisel noted this is a negative for FRPT), IMMR -5.5% (downgraded to Underweight at Thomas Weisel), FSLR -2.6% (mentioned negatively in Barron's), FMCN -2.4% (receives notice from Nasdaq due to delay in filing of Form 20-F).
Gapping Up
Gapping up on strong earnings/guidance/comps: BRLC +16.4%, ETN +5.0%, MCD +1.2%... Other news: CTIC +18% (still checking), HEPH +11.4% (reports initial results in Phase I clinical trial of HE3286), GEOY +5.6% (positive Cramer mention), REDF +5.1% (Barron's ran an article that made cautious comments regarding valuation, and discussed takeover rumors), HOKU +3.9% (still checking)
Disclaimer & How I use this list
Say Mike,
I just got an automatic upgrade to the Google Toolbar on my Firefox browser and it now comes with a "PageRank" indicator bar.
Lo and behold, TraderMike is right up there with, say, StockCharts.com, with the bar about half full. Even http://finance.yahoo.com/ only rates 3/4 of the bar full.
Very impressive, and I'm glad to be contributing.