Monday, June 24, 2013

Will the carnage continue?

Overseas markets are getting pounded on new concerns over China. Over the weekend I did my my scans and built a fairly decent watch list of charts I still like. However, if the markets continue to be under pressure it won't matter, eventually even the strongest stock will cave into the pressure of the overall indexes. I expect there will be a lot of continued volatility and I continue to build my wish list of stocks that I would like to hold in my long term swing account while making very quick trades throughout the day.

Morning movers and stocks that caught my eye

$Gevo bull flag,$TRX potential snap back play, $GAME holding up fairly well, $GMO like the daily, $IMMU possible red to green play, $NKTR like the daily,$AMD nice daily and an upgrade, $SGOC, $BEAT, $NVGN, $UQM, $GERN had some action on Friday possible continuation but be careful always fades, $THRX PR Friday nice daily, $NTRI like the daily, $ENVI sloppy bull flag, $GRPN, $HNR $ACTV , $KTOS PR, $OCZ sympathy play off of $STEC deal  ,  $AMCC continuation?, $RPTP hot daily


Seeking Alpha
Today's Markets:
In Asia, Japan -1.3% to 13063. Hong Kong -2.2% to 19814. China -5.3% to 1963. India -1.2% to 18541.
In Europe, at midday, London -1.5%. Paris -1.4%. Frankfurt -0.9%.
Futures at 6:20: Dow -0.7%. S&P -0.7%. Nasdaq -0.5%. Crude -0.1% at $93.62. Gold -0.8% to $1281.90.
Notable earnings after today's close: SONC

Briefing.com


Page One
08:57 ET Market Rattled by China and Interest Rates: It is not looking good for the cash market when the opening bell rings. The S&P futures are down
>> Go to full Page One
Story Stocks®
07:58 ET Vanguard Health Systems shares soar 65% Tenet (THC) acquisition for $21/share (VHS) : Vanguard Health Systems (VHS $20.51 +8.14) & Tenet Healthcare (THC $41.85 +0.00) have signed a
07:52 ET DTE Energy shares little change following reaffirmation of guidance (DTE) : DTE Energy (DTE $64.67 +0.00) disclosed that it will meet with investors June 24-28, 2013in
Earlier today on Story Stocks:
NRG Energy shares little changed following increased guidance (NRG) 07:47
>> For all of today's stories, go to Story Stocks
Up/Downgrades
Today's Upgrades:
CompanyTickerBrokerage Firm
First SolarFSLRMaxim Group
Westlake ChemicalWLKCowen
PHH CorpPHHCompass Point
Advanced MicroAMDFBR Capital
Today's Downgrades:
CompanyTickerBrokerage Firm
Spreadtrum CommsSPRDCredit Suisse
RealDRLDB. Riley & Co.
J. Sainsbury plcJSAIY.PKCitigroup
WalgreensWAGCantor Fitzgerald
Good luck trading !!!

1 comment:

  1. nan nappeun gijibae nanan nappeun gijibae nan nappeun gijibae
    Where All My Bad Gals At?

    ReplyDelete