Top alert for 2014: MYGN (50%), LIVE (45%), CTIC (115%), KOOL (88%), PZG (32%), GOLD (6%), IOC (6%), RSOL(18%), PLUG (70%), IMMU (26%)

Wednesday, December 26, 2012

Stocks for December 27th: HLF, NUS, UVXY, KORS, MRVL

This market is on hopium and Fed is pumping stock market with 45 billion every week. Expect lots of rumor and hopium rally and sell off on deal of "mini deal" which means instead of eating dinner, congress will be happy eating small bread which will be shared by millions. The system is so much broken  nobody knows where to fix it. Treasury warned today that US will hit debt ceiling on Monday, but market spiked higher because it means more action from fed. If your Fed up with Fed take a break or else use tight stop loss and play this market. 

Today VIX shot higher to 6 month high and its now close to 20 level and market is on track of big sell off based on the chart.
All the trading plan remains the same Avoid this market if possible.
S&P500 expected to crash big time if there is no deal, if possible be in cash.

Dow jones is expected to open low.
Economic Calendar:
Dec. 2702:45EURLowFrench Consumer Confidence 84 84 
02:45EURLowFrench PPI (MoM) -0.2% 0.5% 
03:30HKDLowHong Kong Trade Balance -44.8B -42.7B 
04:00EURLowItalian Business Confidence 88.8 88.5 
TentativeEURLowItalian 6-Month BOT Auction 0.919% 
07:00USDLowMBA Mortgage Applications (WoW) -12.3% 
08:30USDHighInitial Jobless Claims 360K 361K 
08:30USDMediumContinuing Jobless Claims 3200K 3225K 
09:00MXNMediumMexican Trade Balance -0.700B -1.647B 
09:45USDLowBloomberg Consumer Confidence -31.9 
10:00USDMediumCB Consumer Confidence 70.0 73.7 
10:00USDHighNew Home Sales 378K 368K 
14:00ARSMediumArgentinian Retail Sales (YoY) 23.1% 18.6% 
16:30USDLowAPI Weekly Crude Stock -1.86M -4.10M 
16:30USDLowAPI Weekly Gasoline Stock 0.44M 4.18M 

No important earning after hour or premarket

After hour gainer and loser:
Percentage Gainers
IssueSymbolVolumeLastChg% ChgHighLow
Merrimack PharmaceuticalsMACK7,601$6.420.335.42$6.42$6.09
Celldex TherapeuticsCLDX21,0316.750.243.696.946.52
Idenix PharmaceuticalsIDIX7,0474.960.163.424.964.80
Neurocrine BiosciencesNBIX6,8797.880.182.277.977.72
NPS PharmaceuticalsNPSP8,9249.060.171.919.068.89
Halcon ResourcesHK11,3476.860.121.786.866.74
VelocityShares 3x Long Silver ETN linked to the S&P GSCI Silver Index ERUSLV5,04225.600.431.7125.6825.25
Percentage Decliners
IssueSymbolVolumeLastChg% ChgHighLow
Marvell Technology GroupMRVL219,736$7.18-0.22-2.97 $8.25$7.14
VIVUSVVUS7,10112.82-0.34-2.58 13.4012.82
AmbarellaAMBA7,5869.75-0.25-2.50 10.009.75
VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess ReturnDGAZ50,10019.59-0.46-2.28 20.0919.59
DendreonDNDN27,0225.18-0.08-1.52 5.295.18
James River CoalJRCC7,2003.38-0.05-1.46 3.493.38
VringoVRNG9,2872.86-0.03-1.04 2.892.85


Mobile App Developers said...

Hey keep posting such good and meaningful articles.

UX Designers Delhi said...

Very informative, keep posting such good articles, it really helps to know about things.

Post a Comment