On Tap For Wed Dec 27, 2006
I didn't trade today (Tuesday), but tomorrow I'll get back into the full swing of things.
With that, here are some of the stocks I'm watching tomorrow:
- Nortel Networks Corporation (NT) said that it will be settling a class action lawsuit with shareholders for $2.5 billion after US court judges OK'ed the deal
- The Goodyear Tire & Rubber Company (GT) struck a deal with it's labor union late Tuesday; workers have been on strike since early October and the union will be voting on the deal on the 28th - GT has been making new 52-week highs and is trading higher in after-hours
- Lockheed Martin Corporation (LMT) signed a $635 million contract during after-hours on Tuesday to upgrade some of Turkey's air force
- Aside from the above story stocks, I'll be watching the following as well: Wal-Mart Stores Inc. (WMT) (popped up today), Krispy Kreme Doughnuts (KKD) (despite disappointing sales, the stock is up), Time Warner Inc. (TWX) (continues to push up to new 52 week highs), Citigroup Inc. (C) (seeing if it can push it's way past the $55.50 level), AK Steel Holding Corp (AKS) (popped up 6.5% today, seeing if it can punch through the $17.00 level)
Labels: on tap, stocks to watch
3 Comments:
Hey JC,
Nice heads up and movement on the NT. Gracias!
Jerry : )
By Anonymous, at December 27, 2006 12:55 p.m.
Hi J.C. -
I love reading your blog everday.
My name is Bill and I am on the verge of leaving my current job to trade for a prop firm. I have a couple questions I would love to ask you about prop trading in general, (nothing firm-specific or anything). It seems like the only people I have communicated with are reps from the prop firm I may be joining; I would love to get an outsider's opinion.
If you get a chance, could you give me a call? I cannot tell you how much it would mean to me:
(515)537-3649
By Anonymous, at December 27, 2006 5:23 p.m.
Jerry,
Thanks for your comments! Citigroup also had a good run after it broke $55.50! Good luck to you and happy holidays!
Bill,
Thanks for your comments and thanks for your compliments! 515...hrmmmm not too sure where that is...if you like, you can email me any questions you have regarding prop trading and I'll gladly answer them. My email is:
jc_at_trivita@rogers.com
Hope to hear from you soon and good luck!
By J.C., at December 27, 2006 8:50 p.m.
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