12.11.2011

Dec 12 - Mon. "Sovereign Thought"


THQI - earnings guidance was bad, but technical set up is a long from here with a tight stop below .90, I may take the trade myself.

MAKO -eying long off of dips, 25 should stand as support, looking for swing trade trend change here.

GRPN  - short bias at this 23 area, should pull when ZNGA ipo's this week.

GIII - stock has para'd and now is sideways, looking for it to break down support.

ZNGA - ipo this week, set to open sometime and around $10.

MONDAY, Dec. 12
Extended-Hours Earnings: AVNR, JRJC, DITC, ENZ, FCEL, IDT, PPHM, SURG.
Economic Data: 2 p.m. Treasury Budget.
TUESDAY, Dec. 13
Extended-Hours Earnings: ABM, BBY, FDS, LTRE, PTRY.
Economic Data: 8:30 a.m. Retail Sales; 10 a.m. Business Inventories; 2:15 p.m. FOMC Rate Decision.
WEDNESDAY, Dec. 14
Extended-Hours Earnings: ALCO, APOG, CSPI, JOY, MDTH, MCC, NTSC, NDSN, RICK, SYNO, PAY, WPCS.
Economic Data: 7 a.m. MBA Mortgage Index; 8:30 a.m. Import/Export Prices; 10:30 a.m. Crude Inventories.
THURSDAY, Dec. 15
Extended-Hours Earnings: ACN, AEY, ADBE, DFS, FDX, HEI, HOV, IPSU, PIR, ZQK, RTK, RAD, SCHL, MCS, TPLM, WGO.
Economic Data: 8:30 a.m. Initial Claims; PPI; Empire Manufacturing; Current Account Balance; 9 a.m. Net Long-Term TICK Flows; 9:15 a.m. Industrial Production/Capacity Utilization; 10 a.m. Philadelphia Fed.
FRIDAY, Dec. 16
Extended-Hours Earnings: AIR, ANGN, DRI.
Economic Data: 8:30 a.m. CPI.