4.29.2012

April 30 - Mon. "Waste Not"

ANR - inverse head and shoulders pattern indicating a long play, but they have e/r on thursday. May exit current long and rebuy after depending. So the downtrend line, we need a break above that and this will run. I'm long already in anticipation, before earnings as well, a big gamble, but a beautiful technical set up, worth it to me.

DECK - super beat, thinking this one bounces off 50 one time before it ends up lower. Prolly settles around 45 area, looking back deep there is value on the tape there.

MDRX - sick drop and I like the long, prolly hits 12.5 - 13 this week. My thoughts behind why is the volume was so high, I think alot of funds are doubling down, giving them an average of 12.5ish. Long bias.



MONDAY, April 30
Extended-Hours Earnings: AEIS, ADVS, APC, ARRY, DVR, CSCD, CYOU, CNA, CNO, CGNX, DENN, DLLR, DSPG, FLS, FST, GNK, HAR, HLF, HTCO, HOLX, HUM, IDTI, IVAC, JEC, KONA, KRA, LDK, L, JADE, LMNX, MCK, MERU, MOH, MPWR, NTLS, NUVA, NYX, PRXL, PLXT, PMCS, RTEC, SFLY, SOHU, FIRE, SPF, TEN, TXRH, VHS, VECO, WDR, WPI.
Economic Data: 8:30 a.m. Personal Income/Spending; PCE Prices; 9:45 a.m. Chicago PMI.
TUESDAY, May 1
Extended-Hours Earnings: ACUR, GAS, ALSK, AMAG, DOX, ACAS, ANAD, ADM, AZPN, ADP, AVP, RATE, BDX, BGFV, BIIB, BIO, BRCM, BRKR, CZR, CECO, CAVM, CBS, CERS, CHK, CGEN, CCUR, CNW, CPO, CSGS, CMI, XRAY, DIN, DPZ, BOOM, ENDP, EXAS, EXAC, FEIC, FISV, FLEX, FORM, FDP, GGP, GWR, GNW, HSP, IPXL, IN, IPGP, IRWD, JKHY, KNXA, KTCC, KEYN, KND, KFRC, KLIC, LM, LOOK, MYGN, NTRI, OKE, OPEN, PZZA, PEET, PFCB, POZN, QUIK, RDWR, RLOC, RGC, REXX, SIRI, SLTM, SPAR, SAVE, STRI, SRZ, TTEC, THOR, TREE, TRLG, TRW, UNM, VLO, VPHM, WTS, WWWW, WBMD, WMGI.
Economic Data: 10 a.m. ISM Index; Construction Spending; 2 p.m. Auto/Truck Sales.
WEDNESDAY, May 2
Extended-Hours Earnings: APKT, ADEP, ABCO, AIN, AGN, ALL, AGNC, ATML, AXTI, BZH, CACI, CALD, CEVA, CRL, CKSW, CMCSA, FIX, CNQR, CBE, EXBD, CXW, CVS, DWSN, DVN, DCIX, DM, DWA, DXPE, EDGR, EIX, EDMC, ENR, EPD, EXPD, EXTR, FARO, FELE, BEN, GRMN, GHDX, G, GERN, GLUU, GMXR, GMCR, HNSN, HTZ, IACI, ICFI, NSIT, ISIG, ICE, JDSU, LGND, MSO, MA, MOSY, NKTR, NVTL, NMRX, NVEC, OIIM, OME, ONNN, ONXX, OSUR, PLNR, PRU, RRD, RNWK, SGMO, SKUL, SKYW, SMSI, STAA, SUN, SPRT, SYMC, TESS, CLX, HIG, TWX, UNTD, VCLK, VICL, V, VSH, VG, WEBM, WTW, WFM, XNPT, YELP, Z.
Economic Data: 7 a.m. MBA Mortgage Index; 8:15 a.m. ADP Employment Change; 10 a.m. Factory Orders; 10:30 a.m. Crude Inventories.
THURSDAY, May 3
Extended-Hours Earnings: FLWS, ACCL, ACOR, BIRT, AFFX, AIRM, AYR, ARG, ATK, ALNY, AIG, ANLY, ANIK, ANSS, APA, ABTL, AVEO, ACLS, BONE, BEAM, BEBE (BEBE:$8.51,00$-0.065,0-0.76%) , BLKB, CVC, CADX, CAH, CFN, CBOU, CF, CKP, COCO, CRWN, DSX, DRIV, DSCO, DLB, DOLE, DBLE, DRRX, EP, RDEN, EXAR, EXEL, FALC, FSLR, FLR, FIG, FSYS, FURX, FSIN, IT, GPRO, GSIT, GUID, HEES, HAIN, H, ICGE, IMMR, NRGY, INWK, ITG, ISTA, JCOM, JRCC, KSWS, KFT, KTOS, LAMR, LF, LVLT, LCUT, LLNW, LNKD, LFUS, MANT, MDC, MGM, MCHP, MNTA, MFLX, ZEUS, OPLK, OWW, PDFS, PRFT, FACE, POWI, PWAV, QLGC, REXI, ROVI, SALM, SAPE, SLE, SNI, SEE, SQNM, SPRD, LVB, SPWR, SNTA, NGLS, TRGT, WRLS, TRMB, WWE, ZAGG, ZIGO.
Economic Data: 7:30 a.m. Challenger Job Cuts; 8:30 a.m. Initial Claims; 10 a.m. ISM Services.
FRIDAY, May 4
Extended-Hours Earnings: AES, AON, CBRX, DUK, EL, FSS, ITT, JOUT, NVAX, PPL, SE, WPO, WCRX.
Economic Data: 8:30 a.m. Payrolls Data, Unemployment Rate.