HGG - dropped to 9 ah's from 11.5 from bad e/r #'s and missed guidance. 9.55 area looks good to short, its the area in ah's where selling was most prevalent, then maybe after drops, we'll play long side, live in chat though.
VOXX - short bias 8.5 level, after missing on revenue estimates, should bring more lows initially.
STNA - eying short at 7.25
MAKO - waiting for this to bottom out to get long. Looking to bounce the 14 crack and wash.
QCOR - got hit hard from a citron article today, looking to play this long, trade only on weakness, possible short if it gets too high too fast.
ZNGA - Janus took 10.8% stake, looking to play this long <5's
AMBO - looking long, needs more sideways consolidation first, keep an eye on it.
SSH - sickest run, looking short once it slows down and puts in a top.
PCYC - finally started to crack and fade some, I think the breakdown of 57, once and for all breakdown of 57 that is should see this one have a correction, short bias on strong moves to the upside with 60 as top.
ARX - long bias swing, <6 buys.
WEDNESDAY, July 11
Extended-Hours Earnings: ADTN, ITRI, MAR, MASC, PRXI, TXI.
Economic Data: 7 a.m. MBA Mortgage Index; 8:30
a.m. Trade Balance: 10 a.m. Wholesale Inventories;
10:30 a.m. Crude Inventories; 2 p.m. FOMC
Minutes.
THURSDAY, July 12
Extended-Hours Earnings: ANGO, OZRK, EMMS, FAST, RECN.
Economic Data: 8:30 a.m. Initial Claims; Import/Export Prices;
2 p.m. Treasury Budget.
FRIDAY, July 13
Extended-Hours Earnings: IGTE, JPM, OPTT, PDLI, WBS, WFC.
Economic Data: 8:30 a.m. PPI; 9:55 a.m.
Michigan Sentiment.
