11.07.2011

Nov 8 - Tues. "News Blues"

PCLN - beating Q3 expectations but also setting its Q4 earnings view below Street estimates. Longs may want to target possible entry points between 510 and 517, but I would be cautious around 525 area.

PKT - Q3 profit, beating revenue expectations, and guiding for FY revenue above Street estimates.
Possible long positions from 13 and 13.50, and target around higher 13s. Stocks hitting new 52's.

DNDN - has held 6.5 as support around 3 times now, I'm eying a long, could def rip with the right news story.

DMND - fraud combined with halt on pringles deal has caused a panic sell off 39 got some support.
 
MTZ - each washout has brought some real decent upside plays, on watch for a tightening spiral to long possibly.
 
PEIX - sick short from .70 today, will be on watch for continued short on any sort of pops or strength.
 
HMSY - 29 area of interest for the fade, if it can get some pops back up, will be eying another short. Stock had a 3 for 1 stock split a few months back.

ANF - has yet to have a pop, still watching for support perks from 57.5 to 58.5 area.