An NYSE Scalper's Tale - A Trader's Diary

Monday, January 29, 2007

On Tap For Tue Jan 30, 2007

The following are some of the NYSE stocks that I will be keeping an eye on and possibly trading tomorrow. Obviously there may be news on other stocks that come out overnight or in the morning, so I may be trading those stocks as well.

Lots and lots of earnings...I'm watching these stocks to see how they react tomorrow:
  • There are three companies that reported after the close that I'll watch tomorrow (note that these are not all the stocks that reported after the close - just the ones I'm keeping an eye on); all three were trading higher during after-hours after they reported:
  • The following stocks report before the open and will be the ones I'll watch for any surprises (note that these are not all the stocks that are reporting tomorrow morning - just the ones I'm keeping an eye on):
  • I'll keep an eye on USG Corporation (USG)* after it traded down today after a disappointing earnings report...I'm going to watch to see if there is further weakness; USG closed at $52.60
  • I'm also going to watch Tesoro Corporation (TSO) after it popped up after a good earnings report today; to burst through resistance and broke through it's 52-week high convincingly today; TSO closed at $78.55

Please note that those stocks denoted with a * and highlighted green indicate that they are on the SHO Pilot List which means you can short them on a downtick.

Labels: ,