Monday, June 2, 2014

Happy Monday

Hey folks, 
After the big Oncology conference this weekend there are bound to be some Bios in play today. With China PMI being better than expected it could help the markets continue their rise. I plan to sit on the sidelines for the open and see how the market shakes out. I don't want to trade on a knee jerk reaction and I definitely do not want to chase anything. Gold looks to be heading lower but I am still watching the sector for potential snap back plays.

Morning movers and other stocks that caught my eye
NPSP pr continuation may be extended , ARIA pr, OMER news 13 dolla holla already had a big run from 10 news could already be priced in, AVEO active premarket possible bottom bounce, BRCM pr poppin premarket, 


Seeking Alpha
Top Ideas
Dorman Products (DORM) - new article by BrooklynShorty »
Lexington Realty Trust (LXP) - new article by Dane Bowler »
USA Truck (USAK+9.2% since May 23 Whopper Investments article »
Comstock Resources (CRK+58.5% since Dec. 17 Richard Zeits article »

SA PRO subscribers get an early look at Top Ideas and access to the SA PRO research library. Learn about SA PRO »

Today's Markets:
In Asia, Japan +2.1% to 14936. Hong Kong +0.3% to 23082. China -0.1% to 2039. India +1.9%to 24685.
In Europe, at midday, London +0.3%. Paris flat. Frankfurt +0.2%.
Futures at 6:20: Dow +0.1%. S&P +0.1%. Nasdaq flat. Crude +0.4% to $103.15. Gold -0.1%to $1244.90.
Ten-year Treasury Yield +1 bps to 2.49%
Notable earnings before today's open: CONN
Notable earnings after today's close: GWREKKDZQK

Watch list video from this weekend
http://www.screencast.com/t/L0gwmjahPnhj

Best of Success!

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