11.11.2010

Nov 12 - Fri.

Milestone Financial Investments. L.L.C.
  • Nasdaq-100 After-Hours Indicator Up 0.74 at 2,173.85 
  1. FNSR, +13.7% 
    • jumped higher in night trade after guiding for Q2 results well ahead of Street estimates. FNSR popped to a first-half after-hours high of 20.72 before steadying between 19.56 and 20.62 through the bulk of its evening action. A pre-bell open Friday may have legs near 20.25 to 20.50. Buyers were most active tonight between 19.65 and 20.25, levels longs may want to eye as potential upside entry points that could see bounces back into the mid-20s. 
  2. NVDA, +3.9% 
    • The mixed data: a strong near-term widening pattern and some difficulty adding to evening upside moves in next-day trade isn't a confidence booster on the plus-side, but tonight's steady gains could at least open the door for longs to catch some upside play in the early going. Longs may want to target upside entry points near 12.80 to 13, levels that could see some modest strength into the lower 13s.
  3. DVOX, -19.2% 
    •  After its initial drop to 4.58 the stock gained some buyers at that level and brought it back towards the 4.82 mark where sellers pressed and established a ceiling in night trade. Its range would indicate a pre-market open on 4.7 area. Players would most likely benefit from early ranges with in these peaks and lows.  Although I'm slightly more short biased on this issue as the 4.82 brought more sellers than 4.58 brought buyers.
  4. TORM, -17.5% 
    • Stock tumbled to an early evening low of 9.42 before firming to still downside levels between 10.43 and 9.90 - a range where it stayed through much of its evening action. A pre-bell open Friday looks to have potential near 10.40 to 10.30. Despite tonight's turn south there was some decent buying off the lows of 9.42 up to 10.18, an area that could form as a floor support and perhaps offer more risk tolerant longs some opportunities to catch bumps back into the 10.20s to 10.40s.
  5. DIS, + 2.4%
    • After the stock closed the day down 3% it recouped some of its loss in night trade and established a floor support on heavy volume at 35.6, 35.34 area, then popped on lower volume through 36 to 36.7. After an early leak on their website and a solid move after hours I would place them in a mixed zone because stock movement would indicate a downward move tomorrow, but this is a rare miss and a most likely good place to get shares for many.
  6. CCIH Very impressed with this strength since breaking 28 resistance, would like to see more upside from here. http://fsc.bz/8kF  
  7. MMR some resistance here at 17.5 area, but could get interesting if it holds, def one to watch. http://fsc.bz/8kG
  8. TZOO this one looks good for some long plays off 35 area. Like to see it close this gap between 35 and 40. http://fsc.bz/8kH