Miles J. Stoner, @StockHollywood

Dallas, Texas

7.16.2012

July 17 - Tues. "Painful Gainful"

DGIT - hired a financial adviser to explore strategic alternatives. 13 is big resistance, A possible floor level was established near 10.60 to 11, a range longs may want to eye for possible bumps back into the lower-11s. On the short side, there was some strong selling off the high of 13 down to 12, a potential near-term top to watch.
MFRN - cut its revenue outlook and slumped because of it. Selling was most pronounced Monday night at 28 to 27, a potential near-term ceiling level for shorts to eye.

TUESDAY, July 17
Extended-Hours Earnings: AIR, ALB, ALNC, CATY, CMA, CSX, FIS, FRX, FULT, GS, INTC, IRWD, IBKR, JAKK, JNJ, LEE, MAT, MMR, MOS, EDU, OMC, STT, AMTD, KO, URI, YHOO.
Economic Data: 8:30 a.m. CPI; 9 a.m. Net Long-Term TIC Flows; 9:15 a.m. Industrial Production/Capacity Utilization; 10 a.m. NAHB Housing Market Index.
WEDNESDAY, July 18
Extended-Hours Earnings: EGHT, AOS, ABT, AXP, BAC, BK, BLK, CHKP, CCK, EBAY (EBAY:$39.405,0$-0.545,0-1.36%) , DOV, EXPO, FFIV, HON, IBM (IBM:$185.7918,$-0.2182,-0.12%) , MEG, MLNX, NE, NVEC, PLXS, QCOM, SCSS, SWKS, SLM, STJ, SWK, STLY, SYK, USB, XLNX, YUM, ZHNE.
Economic Data: 8:30 a.m. Housing Starts; Building Permits; 10:30 a.m. Crude Inventories; 2 p.m. Fed's Beige Book.
THURSDAY, July 19
Extended-Hours Earnings: AMD, AEHR, ADS, ARB, ATHN, AN, BAX, BBT, BX, BLDR, COF, CPHD, CMG, COBZ, CBST, CY, CYS, CYT, DHR, DO, DYAX, ETFC, EFII, ENTG, FCS, FITB, FWRD, FCX, FSL, GPC, GOOG, HUBG, HBAN, ISRG, KEY, LSCC, MSFT, MS, NTCT, NUE, OCFC, PM, PXLW, POOL, PPG, PGI, DGX, SWY, SNDK, SCHL, SHW, SON, LUV, TXT, TRV, UNH, UNP, VZ, VFC, WERN.
Economic Data: 8:30 a.m. Initial Claims; 10 a.m. Existing Home Sales; Philadelphia Fed; Leading Indicators.
FRIDAY, July 20
Extended-Hours Earnings: ALV, BHI, CBAN, GE, IDXX, IR, MAN, MOSY, SLB, STI, XRX.
Economic Data: None.