8.05.2012

Aug 6 - Mon. "Platoon"

Just watched the movie Platoon for the first time in my life, crazy I've missed out on a classic like this for so long. I related it to trading because sometimes classic set ups can be right in front of your eyes and you've never seen them. Till one day it dawns on you, its a classic winning set up. The old saying if its not broke don't fix it.

few stocks I"m watching this week KCG, LNKD, INVN, SEED, ACTG.

LNKD - prolly #1 short at 110+
ACTG - I like the long soon, did catch some defenses, but also has a ton of overhead, may still have some lows in it.
INVN - long bias as it bull flag broke out.
INCY - watching for a long.

MONDAY, Aug. 6
Extended-Hours Earnings: AES, ALSK, AWR, ANEN, ARCI, AGII, ATAI, BDE, BKH, BSFT, CBOU, CF, CYOU, CHK, CHDN, CNK, CLNE, CTSH, CCRN, CUTR, DTSI, DRRX, RAIL, GA, FTEK, LOPE, HALO, ISIS, JDAS, JBT, LEAP, LOJN, MMYT, MR, NLS, ORBK, OTTR, PLT, POWI, POWR, QLTY, MKTG, SB, SALM, SGMS, BOX, SIGA, SOHU, STXS, SYKE, NGLS, TARO, THQI, TWTC, WSTL, WMS, XRM, YOKU.

Economic Data: None.

TUESDAY, Aug. 7

Extended-Hours Earnings: ACTS, ADES, AEY, ACM, AER, AIRT, AKRX, ATEC, AMED, APU, FOLD, ARCC, ATRO, ATLS, BECN, BLKB, BLT, CVC, CRZO, CRL, CHTR, CQB, COKE, CDE, CGEN, CREE, XTXI, XTEX, CSGS, CVS, DMD, EBIX, ELON, EMKR, EMR, EVOL, SSP, ESRX, FOSL, GEOY, HL, IDSY, INVE, INFU, INSM, JAZZ, JIVE, KNXA, KOPN, LTRE, LCUT, MNKD, MMC, MMS, MELA, MGM, MIPS, MOD, TAP, NVTL, ODP, OME, OPNT, OSUR, OREX, OUTD, POWL, PCLN, RAX, KWK, RENN, SNTS, SIRI, SOMX, SONS, BID, STEC, URS, VTSS, VVUS, DIS, XNPT, XOMA, Z.

Economic Data: 7 a.m. MBA Mortgage Index.

WEDNESDAY, Aug. 8

Extended-Hours Earnings: AH, AFFY, ALXA, MDRX, AFAM, AMRN, AETI, APEI, AINV, ATO, AVNR, BIOD, CELL, BWEN, CBRX, CSC, DF, DISH, HILL, DBLE, EGLE, SATS, EDMC, FSYS, GHDS, GIGA, GTXI, HNSN, HLYS, PODD, IPAR, INTL, JACK, LAMR, LGND, LIOX, LMIA, M, MCZ, WFR, MOLX, MNST, NWSA, NOAH, NUAN, OWW, PRXL, PDFS, PRST, RAH, RL, RNWK, RST, SLXP, SATC, SVNT, SCLN, SGEN, SGI, SKYW, SODA, SPPI, SDIX, SPWR, SUSS, SYMM, TEAR, TXCC, VQ, VIMC, VITC, WD, ZIPR, ZGNX.

Economic Data: 8:30 a.m. Productivity; 10:30 a.m. Crude Inventories.

THURSDAY, Aug. 9

Extended-Hours Earnings: JOBS, SVN, AXAS, ACCO, AAP, ASYS, ARRY, ARNA, BYI, BDC, BDSI, BIOF, EPAY, EAT, BRKS, BSQR, CPST, CFN, CECE, FUN, CDTI, CDXS, CBMX, CMLS, DV, DGIT, RDEN, EMAN, ELX, GNVC, HIMX, INWK, JRCC, JSDA, KSS, KOP, LUNA, MDVN, MNTG, NABI, NKTR, NCT, JWN, NVDA, ZEUS, OMG, ORBT, OSIS, PFSW, QTWW, RRGB, RENT, SMG, SSNC, CIGX, SNSS, SCON, WEN, USPH, VPHM, WIN, RNIN, YONG, HOGS.

Economic Data: 8:30 a.m. Initial Claims; Trade Balance; 10 a.m. Wholesale Inventories.

FRIDAY, Aug. 10

Extended-Hours Earnings: CLDX, CXDC, HAR, HZNP, JCP, RTK, URRE.

Economic Data: 8:30 a.m. Import/Export Prices; 2 p.m. Treasury Budget.