Friday, May 16, 2014

Happy Friday


Good morning folks,
Well currently it looks like we may have a slightly red open but I would not be surprised if we get some sort of bounce today or by the time I finish writing this post we are ready to open green. I expect more choppy action today and will look to capitalize on one or two quick trades and then probably call it a day.

Morning movers and other stocks that caught my eye
JCP earnings beat I would not chase it, RAX potential continuation, ZBB off of earnings last night 
nice daily, WWE gapping down maybe a bounce play, CETV insider buy active premarket, RNN
ANTH PTX PVCT potential continuation moves, IFN India fund active premarket, 


TZA and TVIX on radar

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Sprint (S+50.1% since Oct. 3 Ted Barac article »

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Today's Markets:
In Asia, Japan -1.4% to 14097. Hong Kong -0.1% to 22713. China +0.1% to 2026.5. India +0.9% to 24122.
In Europe, at midday, London -0.2%. Paris -1.7%. Frankfurt -0.5%.
Futures at 6:20: Dow -0.1%. S&P -0.1%. Nasdaq -0.15%. Crude +0.1% to $101.59. Gold +0.1% to $1294.50.
Ten-year Treasury Yield +2 bps to 2.51%.
Notable earnings before today's open: CMGECSIQCSTMTNP

Link for yesterdays market recap
http://www.screencast.com/t/HoE7GWJi

Best of Success!!

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