Keep an eye on the stocks reporting and also those in the same sector that could ride the wave. My favorite is VMW since clouds got hammered last week. A good report could lift the sector.
Earnings plays.. If you don’t play the stock that reports, watch for stocks that could move based on the news. Careful buying stocks that gap-up at the open based on news. Wait for them to find support.. they almost always pull back from the open. Look at AAPL and GOOG last week. With the market a little shaky right now, these might be fast trades, so stay nimble.
Reporting Monday:
- American Express Company AXP
- AU Optronics Corporation AUO
- CHINA BAK BATTERY INC CBAK
- Green Mountain Coffee Roasters, Inc. GMCR
- Halliburton Company HAL
- McDonald’s Corporation MCD
- Steel Dynamics STLD
- Texas Instruments TXN
- VMware, Inc. VMW
- Zions Bancorp ZION
CBAK – watch for plays in HPJ, ENR, HEV, AONE, ABAT, AONE, XIDE, VLNC
STLD – watch for plays in NUE, X, AKS, GGB, CMC
