5.01.2012

May 2 - Wed. "Eaches Own"

OPEN - e/r miss 38.5-39.8 v. 41m rev, .36 v. .37 eps = guidance. buyers at 35, resistance at 39. I would play the range, Ideally looking for the bigger move capture and thats the short off 39 back to 35, imo.

TRIP - e/r beat .35 v. .30 eps, 183.7 v. 173.95 rev for this quarter, didn't see guidance. Stock bounced around between 42 - 44. Eye dips below 42 for long entry to see if it tests ah's highs.

BKS - 18.25-18.75 is support. Looking for pulls back to that area, then flat, then gear/perk for the long.

CHK - e/r loss, 18.2 is support, I think this e/r is highly priced in and expect it to resume this push back towards 20.

HLF - david einhorn questions company in e/r conference call. 53 is support, doubt I will play this, but I'll be watching for long set up.
AEIS - 13.4 support and it finished below this spot so if it continues to fail 13.4 area then be short biased.

ZAZA - push towards 5 and cross last part of the day, I like the swing long to 5.5.


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:$8.51,$-0.065,-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.