Tuesday, August 15, 2006
Closing Comments
Providing tomorrow's CPI data is benign, this market may be set for its last run-up, prior to getting poleaxed in September-October.
So, I think it makes sense to position in heavily shorted stocks like RMBS, PALM and SNDK-- in order to get a good trade. However, I am not sanctioning any long term holds.
The near term fate of the market will be decided tomorrow.
Good luck.
At the end of trading, the following stocks had notable upside moves:
CLMS, SIEB, TWPG, ISE, NITE, NMR, LAZ, NKZ-WT, GHL, LEND, LEH, PTRY, WFMI, GAP, RDK, MFW, SPF, WCI, GVA, BMHC, MTH, BECN, FLR, OHB, KBH, UFPI, BHS, RYL, HXM, EME, HOV, FRK, COSI, MSSR, GMCR, IHP, CBG, CTO, ACLI, CSX, RAIL, MIDD, AMN, MLI, TEX, UIC, HC, LVS, HRS, WYNN, GGR, VLCCF, BUCY, JOYG, SPWR, IMCO, USEY, DRQ, STP, DNE, KFX, WNR, MGPI, IPSU, GPRE, ANDE, IIIN, RTI, TIE, X, ENER, BLDP, MIND, BRL, MSS, NRPH, KERX, AMLN, MAXY, ACAD, KOOL, NVAX, CPHD, CRXL, GOAM, LTON, REDE, NILE, CTRP, AQNT, RATE, MFE, WEBX, HD, ADAM, GMKT, FORR, LQDT, BIDU, IIJI, REDF, EQIX, LORL, BKHM , JNPR, AKAM, FNSR, AMCC, AVNX, TXCC, BWNG, OCCF, RBAK, MSPD, EGHT, MRVL, NETL, FDRY, RACK, GLW, UARM, CTRN, AEOS, FRED, SCVL, ZUMZ, URBN, NVDA, PXLW, DIOD, TRID, WIND, MWY, EMKR, MIPS, BRCM, CRM, LNUX, CTXS, GTW, NGPS, COGO, ERICY, HURC, PALM, FALC, SNDK, XRTX, WDC, NTAP, PMCS, NEXT, WFR, SUPX, AATI, MNCP-5, RCCC, NTLI, KONG, SWIR, TPTH, DRL and QCOM.
At the end of trading, the following stocks had notable downside moves:
HANS, LWAY, MVCO, EXP, IPII, SIMC, MED, BJ, HEW, IOC, OMNI, JDO, BDCO, AOB, CUTR, HSP, ELOS, WMT, DIET, PACT, OPTC, NTES, LF, CONN, NWRE, AMKR, IMX, GEPT, CNTF and NOIZ.
So, I think it makes sense to position in heavily shorted stocks like RMBS, PALM and SNDK-- in order to get a good trade. However, I am not sanctioning any long term holds.
The near term fate of the market will be decided tomorrow.
Good luck.
At the end of trading, the following stocks had notable upside moves:
CLMS, SIEB, TWPG, ISE, NITE, NMR, LAZ, NKZ-WT, GHL, LEND, LEH, PTRY, WFMI, GAP, RDK, MFW, SPF, WCI, GVA, BMHC, MTH, BECN, FLR, OHB, KBH, UFPI, BHS, RYL, HXM, EME, HOV, FRK, COSI, MSSR, GMCR, IHP, CBG, CTO, ACLI, CSX, RAIL, MIDD, AMN, MLI, TEX, UIC, HC, LVS, HRS, WYNN, GGR, VLCCF, BUCY, JOYG, SPWR, IMCO, USEY, DRQ, STP, DNE, KFX, WNR, MGPI, IPSU, GPRE, ANDE, IIIN, RTI, TIE, X, ENER, BLDP, MIND, BRL, MSS, NRPH, KERX, AMLN, MAXY, ACAD, KOOL, NVAX, CPHD, CRXL, GOAM, LTON, REDE, NILE, CTRP, AQNT, RATE, MFE, WEBX, HD, ADAM, GMKT, FORR, LQDT, BIDU, IIJI, REDF, EQIX, LORL, BKHM , JNPR, AKAM, FNSR, AMCC, AVNX, TXCC, BWNG, OCCF, RBAK, MSPD, EGHT, MRVL, NETL, FDRY, RACK, GLW, UARM, CTRN, AEOS, FRED, SCVL, ZUMZ, URBN, NVDA, PXLW, DIOD, TRID, WIND, MWY, EMKR, MIPS, BRCM, CRM, LNUX, CTXS, GTW, NGPS, COGO, ERICY, HURC, PALM, FALC, SNDK, XRTX, WDC, NTAP, PMCS, NEXT, WFR, SUPX, AATI, MNCP-5, RCCC, NTLI, KONG, SWIR, TPTH, DRL and QCOM.
At the end of trading, the following stocks had notable downside moves:
HANS, LWAY, MVCO, EXP, IPII, SIMC, MED, BJ, HEW, IOC, OMNI, JDO, BDCO, AOB, CUTR, HSP, ELOS, WMT, DIET, PACT, OPTC, NTES, LF, CONN, NWRE, AMKR, IMX, GEPT, CNTF and NOIZ.
