Tuesday, November 29, 2011

Watchlist for 11/30/2011

TIF - Dropped over 7% in pre-market this morning after earnings report and had a decent rebound right out of the gate. Bouncing betweet the $66 and $68 areas. Will keep on watch for a setup early tomorrow.


FMCN - Big $2 pop around 2pm'ish today. Shorted a bit at $18.05 on the second pop around 3pm. Short biased tomorrow on pops over $18. Can easily get $1+/share. Will try to be patient.


WBMD - Big pop today on rumors of a possible sale. Got in a small short position just over $36. Will look to short any big pop tomorrow especially on $36 over/under move.


GRPN - Scalped a decent gain on this one today. $16 area of interest for me as it shows some support and resistance in this area. Closed at $16/$16.01 today so I may take a red/green move early on for scalp.


LNG - $10 showing a lot of resistance today. Will keep an eye on this one at this level. No bias, but if we get an open just under $10, I may take a red/green move early on for scalp.


NOV - Showed some resistance at $69 today and hesitated to take the short. Short biased on pops over $69.


OVTI - Down after-hours with lows at $9.50. Will watch for setups. Long bias on washout or strong setups.


INHX - Nice run right out of the gate on this one today. Was hoping and waiting on a $14 over/under short and it came 6 cents shy. Short biased on pops over $14 tomorrow.



Other Stocks on Watch:

DDS  SINA  GS  FAS  FAZ

Financials should be in play tomorrow.

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