So last week was options expiration week. We saw a lot of wildly bullish action last week, but I do not expect that to continue this week. I would not be surprised to see a pretty weak open on Monday due to the options hangover effect. Given how bullish last week's action was, I would expect the hangover to be particularly nasty. Such a pullback would be a welcomed thing, I believe.
Earnings will continue to pour in this week, too. I use www.earnings.com as my source for earnings reports. These are very important to follow because they have a way of scrambling up the charts. I don't like being in stocks before they report earnings unless I am somehow hedged, be it through reducing my position size or some options action or whatever. I've come to view earnings as a very binary event, a coin flip, if you will. Loading up heavily one way betting on the outcome of a report AND the market's reaction is a very risky endeavour.
The same listing convention still applied. If it reports after the close Tuesday or before the open Wednesday or is shown as Wednesday with no given time, it is listed here as Tuesday. I've also listed the previous Friday's here, too.
I have bold-faced reports that could potentially affect present picks.
Friday: BRO, ETN, GAP, HAL, HAS, JCI, MBT, WFT
Monday: MDRX, BSX, CNI, LM, PKG, TXN, ZION, AKS, AAPL, BJS, BLK, CAT, CMA, CAL, RDY, DD, ELN, FRX, FCX, HCBK, JEF, LXK, LMT, MRK, EDU, BTU, PNR, PCP, DGX, RF, RHI, SGP, SHW, LUV, STT, SY, AMTD, KO, UAUA, UTX, UNH, WU
Tuesday: AMD, AMX, AMLN, BXP, CHRW, CHIC, CNH, GILD, ILMN, LLTC, NBR, PTV, QLGC, STX, SLM, SBUX, SYK, VFC, YHOO, APD, AAI, ATI, MO, BK, CKSW, DAL, DPZ, LLY, FFIV, GENZ, GSK, HST, ITW, ISRG, KEY, NITE, MS, NTRS, ODFL, OSTK, PEP, PFE, PJC, STJ, BA, SWK, USB, WFC, WHR,
Wednesday: ACL, DOX, BCR, CMG, CRUS, CTXS, CLB, CYMI, ETFC, EBAY, EFX, GGG, IRBT, KNX, LOGI, NTGR, NE, OSIP, PFCB, QCOM, RRC, SNDK, STLD, TCK, TEX, MOS, TQNT, TUP, VMW, MMM, ABB, ALK, T, BMY, BG, COG, CSH, CELG, CME, CIT, CBE, DHR, DO, EXP, EMC, ESV, EZPW, FITB, FLIR, F, GR, HERO, HBAN, RX, IGT, JNPR, KMB, LLL, LH, MAN, MCD, MJN, MNRO, NEM, NIHD, NOC, NUE, OXY, OMC, PM, POOL, POT, PFS, RMBS, RTN, RS, R, SWY, SIAL, SPAR, HOT, SNV, TIN, TRA, TNH, HSY, NYT, TMO, TRAD, UNP, UPS, LCC, GRA, WYE, XRX
Thursday: ARG, AMZN, AXP, AMP, BRCM, BUCY, BNI, CA, COF, CENX, CB, DECK, EMN, FII, IBKR, KLAC, LEG, WFR, MSCC, MSFT, TUNE, NFLX, NUVA, PMCS, RFMD, RVBD, SCSS, SIMG, STAR, CAKE, WGOV, ALEX, ASH, BIDU, BDK, EXC, FO, IR, LNCE, OXPS, SLB, SYT, TROW, ERIC, WL
Friday: ACV, ANR, BOH, BWP, CALM, GLW, EPD, HON, LO, SOHU, TLAB, VZ
Position: long UTX in 401k
Sunday, July 19, 2009
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