10.23.2011

Oct 24 - Mon. "Faster, Smarter, or Cheat"


STX - on watch for a parabolic short, I'll be looking to short 1/3rd size at first resistance, then 2/3rd size at 17, stock is trying to gap fill, but I think these levels are worth possible short entries, but a weak open could bring a decent long play initially, so watch how it opens as well. (I have not played this stock well yet so take this advice with a grain of salt).

APKT - 2 charts on this one, the first shows the stock is on a washout from 85 to 30 over the last 6 months, will it turn around period, I don't know, but long play is setting up like it did back in mid august from 40 to 52.5 in a few weeks. Second chart shows a possible double bottom from a washout back at the beginnning of the month where it bottomed at 32 to 27, I'm assuming somewhere in this area it will reverse trends, flashes below 30, i will play long.

KOS - I think we are due for a pullback on the SPY to 118ish area, I think it is over due, if/when that happens alot of these stocks that are getting overextened now will pullback and we can make a buck. This stock is getting toppy, whats the difference between a bull flag and a top, slightly different is the trend the flag makes, look for toppy indicators.

OPEN - stock is due for a rip higher, chatter from GOOG buyout coming in as well, technically a bounce is in the making, news could be the difference to push or kill it.

SNDK - on short watch of the 50 fail, this may be related to STX.


SCSS - still looks like higher, but this is a parabolic that I'm looking to short, only on watch, no action just yet.


MONDAY, Oct. 24
Extended-Hours Earnings: AAN, ADVS, AMGN, ANEN, CAT, CR, CYBE, ETN, ETH, HMA, HSTM, HWAY, HLX, ININ, IVZ, KALU, KMB, LSTR, LO, MAS, NMM, NFLX, OMI, PETS, PCL, PLXT, RDCM, RCII, ROP, STAA, TXN, TUES, UCTT, UIS, USTR, VECO, VFC, VLTR, WASH, WPP, WSH, ZION.
Economic Data: None.
TUESDAY, Oct. 25
Extended-Hours Earnings: MMM, ABAX, ACE, ACPW, ATRM, AGCO, AKS, AFOP, AMZN, AGNC, AMSG, AXE, ARB, AIT, ACGL, ASTE, BYD, BRCM, CHRW, BCR, CBT, CPLA, CSL, CRS, CE, CNC, CENX, CRDN, CIT, CNO, COH, COLM, CPTS, CCI, CMI, CYNO, DDIC, DAL, DV, DMRC, DWA, DD, ECL, EHTH, EXAR, ESRX, FFIV, FTI, HSII, HGSI, IIVI, ITW, ILMN, IMN, INSU, IRBT, JRN, KONA, LXK, LIFE, LNET, MTW, MCK, MTSN, MRCY, MMSI, MVIS, MOLX, MOH, NBR, NOV, NUS, ODP, PNRA, BTU, PVSW, POL, DGX, QDEL, RA, RF, RAI, RFMD, RFMI, RHI, R, SGMO, SHW, SIAL, SIMG, SONO, SUPX, TROW, AMTD, TLAB, ULTI, UA, UPS, X, USNA, VASC, GRA, WAT, WBSN, WU, WAB, WTFC, XRX, ZIXI.
Economic Data: 9 a.m. Case-Shiller 20-city Index; 10 a.m. Consumer Confidence; FHFA Housing Price Index.
WEDNESDAY, Oct. 26
Extended-Hours Earnings: SHLM, ACXM, AEA, AFL, AKAM, ATI, ALGT, AGN, EPAX, AEP, ARII, AMP, ANAD, ARRS, ARW, ADP, AVY, AXTI, BEAV, BMS, BMC, BA, EAT, BVSN, CA, COG, CDNS, CBZ, CETV, CHRM, CHDN, CYH, COP, GLW, DGLY, DPS, DXPE, EDMC, ESIO, ENTG, EFX, EQIX, EEFT, F, GD, HRS, HES, HSP, INOD, ISSI, ISIL, ITRI, JBLU, KVHI, LCRY, LMT, LOGM, LOOP, LPLA, LSI, MKTX, MDCO, MERU, MORN, MYL, NANX, NDAQ, NATI, NEWP, NSC, NOC, NVLS, ORLY, OC, OI, PEIX, PMTC, PCTI, PLXS, RDWR, RCKY, ROL, RUTH, RYL, SAIA, SFE, SEE, SFLY, SLGN, SLAB, SJW, SO, S, SRCL, SSYS, SFSF, SYMC, SYMM, TER, TEX, JNY, TMO, TMK, TQNT, TUP, V, VSI, WRB, WCAA, WLP, WYN.
Economic Data: 7 a.m. MBA mortgage index; 8:30 a.m. Durable orders; 10 a.m. New Home Sales; 10:30 a.m. Crude Inventories.
THURSDAY, Oct. 27
Extended-Hours Earnings: FLWS, AMD, AET, AGEN, ALGN, MO, AMCC, ACAT, ARBA, AVID, AVP, BIDU, RATE, BMRN, EPAY, CELL, BMY, BC, BBW, CAB, CCMP, CAP, ELY, CALD, CAM, CSE, CAH, CDI, CELG, CERN, CEVA, CTXS, CLF, CCE, CSTR, CL, CTCT, CPO, CRAI, CROX, CRY, CW, CYTK, DAN, DECK, DLA, DLX, XRAY, DLLR, DBD, DRIV, DCOM, DOW, DSPG, DRE, ELNK, EMN, ECHO, ERTS, ELX, ENDP, ELGX, EPIQ, EQT, ERT, EXPE, XOM, FEIC, FOE, FLS, FORM, FORR, BEN, GR, GB, GSIT, HLIT, HLS, HSY, AWAY, IKAN, IMGN, INCY, INSP, IM, INAP, IP, INPH, IRM, JDAS, JCI, KBR, KLAC, LLL, LAZ, LM, LEG, LKQX, LINE, LYTS, MET, MF, MCRL, MCRS, MIPS, MOD, MGI, MPWR, MWW, MCO, MMI, MSI, NANO, BABY, NCI, NEOP, UEPS, NTGR, NUVA, OXY, OMX, ODFL, OLN, ASGN, OPLK, OFIX, PACR, PACB, PMTI, PTEN, PRGO, PFCB, PMCS, PWER, PG, PHM, QLIK, QLGC, QSII, SCSC, SONS, CODE, STMP, HOT, UAL, UHS, LCC, VRSN, VRTX, WM, WMAR, ZMH.
Economic Data: 8:30 a.m. Initial Claims; GDP; 10 a.m. Pending Home Sales.
FRIDAY, Oct. 28
Extended-Hours Earnings: ACO, AXL, AON, ACI, ABFS, B, BIIB, CVC, CPN, CVX, CEG, CVH, D, EEP, IPG, LEA, LPNT, MRK, NWL, NEM, NI, PPC, COL, GT, WY, WHR.
Economic Data: 8:30 a.m. Personal Income/Spending; PCE Prices; Employment Cost Index; 9:55 a.m. Michigan Sentiment.