12.18.2011

Dec 19 - Mon. "Solitary Judge"


LRN - 18.7 has buyers, 18.5 was low, any dip below I'll start into long. 20.33 upside target. This drop has been news related, but eps was decent. They had a NYTimes article that bashed them, but Barrington gave them an outperform rating and this article http://bit.ly/s00gc9  put up a decent argument for longs and why the articles info kinda distorted actual data. I'm long technically and as long as their is at least some argument for a long, it will bounce. (20+ intra, 21+ swing).

BIDU - 105 is that support level, doubtful it makes it that low, but I'm eying longs on this one.



MONDAY, Dec. 19
Extended-Hours Earnings: RHT, SHLO.
Economic Data: 10 a.m. NAHB Housing Market Index.
TUESDAY, Dec. 20
Extended-Hours Earnings: CCL, CTAS, CAG, FSII, GIS, JBL, JEF, NAV, NKE, ORCL, PAYX, SAFM, SHFL, STND, WH.
Economic Data: 8:30 a.m. Housing Starts; Building Permits.
WEDNESDAY, Dec. 21
Extended-Hours Earnings: ATU, BBBY, KMX, FINL, MLHR, KBH, LNN, LUB, MU, SCS, TIBX, WAG.
Economic Data: 7 a.m. MBA Mortgage Index; 10 a.m. Existing Home Sales; 10:30 a.m. Crude Inventories.
THURSDAY, Dec. 22
Extended-Hours Earnings: AM, CAMP, CBK, NEOG.
Economic Data: 8:30 a.m. Initial Claims; GDP; 9:55 a.m. Michigan Sentiment; 10 a.m. Leading Indicators; FHFA Housing Price Index.
FRIDAY, Dec. 23
Extended-Hours Earnings: None.
Economic Data: 8:30 a.m. Durable Orders; Personal Income/Spending; PCE Prices; 10 a.m. New Home Sales.