Monday, March 18, 2013

Uneventful day

Not much happened for me today. I took one trade and I am still holding it. I entered a small position in $MUX in retrospect my entry was poor and I knew there was resistance right overhead. I followed a few others like $DVR and $TA but I missed the entry on $TA and $DVR seemed stuck. I also had an eye on $BIOL but it never seemed to get moving either. $GMXR had a nice pop right at the end of the day. I'm  not sure what that was all about but will have it on my radar tomorrow.

Couple of movers after hours

$AFFY getting crushed possible bankruptcy,$DRAD increased share repurchase Very thin stock though

Briefing.com
After Hours
18:15 ET ES +1.3%, INTX -17.2%, FF -11.4%, ASTM -8.4%, CCRN -3.0% following earnings/guidance :The major averages settled firmly lower with the S&P 500 down 0.6%.
Other notable after hours movers on earnings: ES +1.3%, INTX -17.2%, FF -11.4%, ASTM -8.4%, CCRN -3.0%, SGYP -2.0%, USU -1.6%, STLD -1.0%, MEMP -0.4%, ZIOP -0.2%

Today after the close the following companies reported earnings: SSRX, CCRN, OMER, ZIOP

Futures are higher after hours: S&P 500 futures are +1.41 from fair value of 1545.79 and Nasdaq100 futures are +1.33 from fair value of 2785.92.

Tomorrow morning before the open two economic reports are scheduled to be released: 1) Housing Starts (Consensus 911k), and 2) Building Permits (Consensus 925k).

Tomorrow before the open the following companies are scheduled to report earnings: DSW, FDS, RNF, SVNT, WAC

Have a great evening folks.

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