I caught a couple of decent trades $in $PPHM and $ROSG but the it seemed like I was caught up with watching the solar's rip without me. I felt like I was one step behind for nearly the rest of the day. I did scale out some more of my swings like $MVIS and $MTSN as they climbed near the high of the day and I took trades in $MOBI which I sold for a penny loss, $GST and $AXAS I took home with me since neither really gave me a reason to sell.
Pick a solar any Solar
The solar's look as though they want to continue their run. Actually, it looks like a feeding frenzy for anything SOLAR. I am personally going to do my very best to ignore the temptation to try and jump onto the train Unless I can find a sweet setup to take and get out of very quickly the run is absolutely amazing!!! It also looks like a bit of a bubble and I for one don't want to be in any of them when the bubble bursts.So with that being said if you are going to play there be cautious and quick to take profits.
Morning movers and others that caught my eye
$LEDS pr, $MCP, $REE $AVL $QRM Sector watch,$FXEN pr,$ACRX pr,$POZN pr, $EMKR pr, $ARAY pr, $CUR pr, $JRCC looking fro break over 200 day
Seeking Alpha
Today's Markets:
In Asia, Japan +0.13% to 15381. Hong Kong -0.54% to 23366. China+0.221% to 2305. India -0.51% to 20111.
In Europe, at midday, London +0.17%. Paris -0.36%. Frankfurt -0.2%.
Futures at 7:00: Dow +0.02%. S&P -0.09%. Nasdaq -0.05%. Crude-0.27% to $96.45. Gold -0.32% to $1380.00.
In Asia, Japan +0.13% to 15381. Hong Kong -0.54% to 23366. China+0.221% to 2305. India -0.51% to 20111.
In Europe, at midday, London +0.17%. Paris -0.36%. Frankfurt -0.2%.
Futures at 7:00: Dow +0.02%. S&P -0.09%. Nasdaq -0.05%. Crude-0.27% to $96.45. Gold -0.32% to $1380.00.
Today's economic calendar:
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
11:30 Fed's Bullard: Monetary Policy
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
11:30 Fed's Bullard: Monetary Policy
Briefing.com
coming shortly
| Today's Upgrades: | ||
| Company | Ticker | Brokerage Firm |
| Spansion | CODE | Pacific Crest |
| UIL Holdings | UIL | Robert W. Baird |
| Stifel Financial | SF | Wells Fargo |
| FelCor Lodging | FCH | Sun Trust Rbsn Humphrey |
| Cubist Pharma | CBST | Cantor Fitzgerald |
| T. Rowe Price | TROW | Bernstein |
| Con-way | CNW | Wunderlich |
| Today's Downgrades: | ||
| Company | Ticker | Brokerage Firm |
| Carnival | CCL | Wells Fargo |
| Warner Chilcott | WCRX | Susquehanna |
| eHealth | EHTH | Lazard |
| WellCare Group | WCG | Goldman |
| V.F. Corp | VFC | Wells Fargo |
| Raymond James | RJF | Wells Fargo |
| Acquity Group | AQ | ROTH Capital |
| Coach | COH | Morgan Stanley |
| Life Technologies | LIFE | Credit Agricole |
| Mediaset SpA | MDIUY | Bernstein |
| Deutsche Bank | DB | JP Morgan |
| First Republic Bank | FRC | Jefferies |
Good luck trading today !!
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