1.05.2011

Jan 6 - Thurs. "Sweet Market"

Milestone Financial Investments L.L.C.
  • Nasdaq-100 After-Hours Indicator Up 0.53 at 2,270.93       
  1. MSPD, -8.7%
    • reporting preliminary Q1 revenue results below expectations
    • potential pre-bell open Thursday near 6.00 to 5.90. Sell momentum was most aggressive tonight between 6.20 and 6.00, an area where a potential near-term ceiling could develop for shorts to watch. More risk tolerant shorts may want to sit closer to the 6.00 mark, an area likely to see early day interest and perhaps catch some downside drift back into the 5.90s or 5.80s.
  2. MEE, -2% 
    • lower-than-projected coal shipments
    • A pre-market open Thursday looks to have potential tight to the 55 mark. There was steady buy liquidity that rolled into MEE shares tonight just below and at the 55 mark, but this held as a consistent ceiling. More risk tolerant shorts may want to eye the 55.50 to 55 range as a possible near-term top that could see weakness back into the 54s. 
  3. RT, +2.8%
    • topping Q2 expectations
    • Early longs may want to target possible entry points in the 14.15 to 14.30 area, levels where buy momentum was consistent in tonight's trade. More risk tolerant longs may want to test the waters closer to 14.40 in anticipation of the stock starting the day closer to this level and perhaps making another run at tonight's highs in the 14.50s
  4. QDEL, -11.6%, 13.7 - 12.7
    • Sell 4 Mln Shares in Offering
    • Looking for more downside after this drop tonight lower level stood as support, but feels like it will give this level up in tomorrow trade.
  5. ZUMZ, -6.3%, 25.6 - 25
    • I was long on this stock for awhile and although this pull back is significant, I would be bullish on this stock still longer term, short term play the ranges, 25 might crack.
  6. NVDA add'd a long swing today at 16.67, moved up nice in ah's, looking for continuance tomorrow.