8.14.2012

Aug 15 - Wed. "Patent Pending"

JDSU - better than expected Q2 e/r. Watch for late day fade if it gets up 11.5+
ARNA - sick breakout at 7.5, watch for push towards 9.25, anything above I'll short.
PCS - still like this one to fade away, keeping an eye for strength.
MAKO - broke out above 15 for first time since e/r dabacle. Took it long, will be adding into this.
PCYC - watch for the new 52's at 60.05 and blow off, playing both long first then short eye.
UBNT - in the back of my mind for a long.
ASTI - probably done with this one, had a nice pop, prolly short every pop from here to there.
AMRS - double top at 4.5
PWRD - I like this one as a watch for that W bottom cont'.


WEDNESDAY, Aug. 15
Extended-Hours Earnings: ANF, A, AFCE, AMAT, CSIQ, CACI, CSCO, CTRN, DE, NYNY, GILT, HOTT, LTD, MIPS, NTAP, NTES, PETM, SINA (SINA:$51.59,00$-0.18,00-0.35%) , SVA, SPLS, ELOS, TGT, VVTV.
Economic Data: 7 a.m. MBA Mortgage Index; 8:30 a.m. CPI; Empire Manufacturing; 9 a.m. Net Long-Term TIC Flows; 9:15 a.m. Industrial Production/Capacity Utilization; 10 a.m. NAHB Housing Market Index; 10:30 a.m. Crude Inventories.
THURSDAY, Aug. 16
Extended-Hours Earnings: FLWS, ARO, AVGO, BONT, BRCD, CATO, CNTF, COSI, DLTR, CKSR, GME, GPS, GIGM, HPOL, MRVL, PERY, ROST, SCSC, SHLD, SFUN, SSI, SMRT, BKE, WMT.
Economic Data: 8:30 a.m. Initial Claims; Housing Starts; Building Permits; 10 a.m. Philadelphia Fed.
FRIDAY, Aug. 17
Extended-Hours Earnings: ANN, CMRG, IMOS, FL, HIBB, ISS, SJM, KIRK.
Economic Data: 9:55 a.m. Michigan Sentiment; 10 a.m. Leading Indicators.