Miles J. Stoner, @StockHollywood

Dallas, Texas

4.17.2012

April 18 - Wed. "Patience Pays"

STX - e/r beat, but this stock is completely over bought, I am stalking this for a short now possible 30 area is where you need to watch.
LGF - good accumulate sub 12's for a swing.
CREE - e/r miss and sold off ah's, 30 stood as a ceiling where I would short the fail tomorrow or any move above for possible 29 test and crack to support at 28.5 area.

TITN - 33 to 33.5 is support, stock likely gets oversold from that point where I'll stalk the long again.
SPRD - stock could go lower, but the 15 cross is what you want to watch for a long trade, otherwise ignore.

SHLD - got a love hate relationship with this stock as of late, you play the long set up your fine for the trade, but hold it too long and you'll pay, many say washout at this point so we'll see, still long bias on the set up.
FIRE - set new 52's today, should push higher, maybe a few days it will be a short, but its a long until it shows.
ALSK - super sold off now we look for a temporary bounce back up towards the 3 area.

WEDNESDAY, April 18
Extended-Hours Earnings: ABT, ALB, AXP, APH, AF, BMI, BK, BLK, CVA, CCK, CBST, DOV, EBAY (EBAY:$36.12,$-0.34,-0.93%) , EXPO, FFIV, HAL, HNI, HBAN, IBKC, JAKK, KCG, LRCX, MAR, MEG, MLNX, NE, PJC, PLXS, PNC, PLCM, QCOM, DGX, RLI, SLM, SCSS, STJ, SWK, STLY, TXT, UFPI, VMW, YUM.
Economic Data: 7 a.m. MBA Mortgage Index; 10:30 a.m. Crude Inventories.
THURSDAY, April 19
Extended-Hours Earnings: AMD, ALK, ADS, ALTR, ARB, BAC, BAX, BBT, BX, BSX, BLDR, COF, CPHD, CMG, CB, COBZ, CY, DHR, ETFC, DD, EFII, EMC (EMC:$28.87,$-0.33,-1.13%) , ENTG, EZPW, FCS, FITB, FWRD, FCX, FSL, GDI, HOMB, HUBG, IBKR, XXIA, KEY, LH, LSCC, LAYN, MSFT, MS, NCR, NYT, NUE, PENN, PXLW, PPG, RMTR, RVBD, COL, SNDK, SON, LUV, TAYC, TPX, TRV, VZ, UNP, VMI, ZHNE.
Economic Data: 8:30 a.m. Initial Claims; 10 a.m. Existing Home Sales; Philadelphia Fed; Leading Indicators.


FRIDAY, April 20
Extended-Hours Earnings: AOS, AEP, GE, HON, IDXX, IR, KMB, MAN, MCD, SLB, SXT, UA.