12.06.2010

Dec 7 - Tues.

Milestone Financial Investments L.L.C.
  • Nasdaq-100 After-Hours Indicator Down 1.22 at 2,188.59
  1. SPPI, +9.8% 
    • A pre-market open Tuesday may have legs surrounding the 5.80 range. Buy momentum was steady tonight between 5.41 and 5.65, an area where longs may want to watch for a potential bottom support to form.
  2. FSYS, -5.6% 
    • A pre-market open Tuesday may have legs in the 35.40 to 34 range. Sell momentum was consistent tonight off the 36 mark down to 35.40, levels shorts may want to eye as a possible ceiling for riding weakness back into the lower 35s, or deeper south.
  3. PLAB, +3.2% 
    • 4Q Profit Soars On Higher Sales, Margins, very little sell pressure ah's extended this stock further from its month gains, hitting resistance now so watch and see how it reacts to these levels, but indications are bullish, stock has a near term tendency to decline after an earnings event, so with this in place and with the stock hitting resistance at these levels I'm mixed on the issue, but if you do play you should watch how it reacts to the 7 level cause it could push.     
  4. SWS, -6.2% 
    •  stock is stuck in a downward trend, short play around 4.5ish area.
  5. GERN, -8% 
    • 5.5x5.6 area getting some support, if it cracks could see some more downside, could get some support there though and reverse for nice gain, no bias, just watch and make ur move. 
  6. ARIA, +10.2% 
    • stock has been uptrending on a nice tare, this push could mean the stock is going to cont higher. I feel like I"m alerting alot of pharmas tonight, cuz I am, just be leary only play charts with good set ups, they trend one way for a reason. 
  7. CELG, -3% 
    • issues results for Revlimid in multiple myeloma treatment; fell initially as reports of those results hit
  8. ABMD, -13.9%
    • ends study designed to measure major adverse events in high risk percutaneous coronary intervention (PCI) patients randomized to receive hemodynamic support during the procedure with the Impella versus intra-aortic balloon (IAB).
  9. PBY, +4%
    • beats with Q3 results, stock has maintained a consistent level at the top of its range looking to push higher, company has been doing some good business, like to see them tick higher tomorrow. 
    • stock has a near term tendency to tick lower after an earning event so with that in place, I'd be leary of the long tomorrow, although this drop if it comes, could be a nice set up for the long swing play.