1.24.2011

Jan 25 - Tues. "MCP unlock'd"

Milestone Financial Investments L.L.C.
  • Nasdaq-100 After-Hours Indicator Down 1.25 at 2,299.14
  1. VMW, -4.4%
    • better-than-expected results and guidance
    • Shorts may want to target potential entry points between 88.40 and 86, an area that set up as a possible ceiling level through the second-half of tonight's trade. More risk tolerant shorts may want to bring the entry down closer to 85 as selling grew more aggressive near this area late tonight
  2. CSX, +2.1% 
    • beating Q4 estimates
    • be cautious on the long side of CSX tomorrow as the stock did see a steady descent tonight after touching its evening high. Early longs may want to test the waters near 68.39 to 69, levels where some of the strongest upside momentum of tonight's trade moved into the issue and where there may be room to catch some upside traction back into the low- to mid-69s.
  3. TXN, -2.9% 
    • meeting Q4 revenue expectations and setting its guidance in a range that straddled the Street view
    •  tendency to add to after-hours declines in next-day trade would have us looking at potential short plays on TXN Tuesday. Shorts may want to target potential entry points in the 34.47 to 33.90 range, levels that saw some of the strongest downside liquidity in tonight's trade.
  4. STM, +2.5%
    • 4Q Profit As Sales, Margins Rise       
    • chart is in a strong uptrend, 52 week high got pushed in ah's, 11.85 was a level I doubt it will break down tomorrow, long off that point.
  5. DIAAF = pumping hard, long from .12
  6. CLDA = fda approval, target 46
  7. NVDA = up large today, Barron's said a double this year.
  8. LDK = I said a hold 13.55 should see 52's, 15.1.
  9. CPWM, = stock is breaking below sup, consider short, 8.7 sup.
  10. MCP = Lockup is over tuesday, confirms phase II mountain.
  11. MGIC = 8.36, bumpin, 52's around a bit, long 8.5ish
  12. TZA = good protection play.