- Pre-Market Indications

Wednesday, October 15, 2008

Pre Market Trading Gap News

Gapping Down

In reaction to disappointing earnings/guidance: LLTC -15.8%, DAL -4.8%, STT -4.7%, SCHW -4.6%, ASML -4.3%, JNY -4.1%, JPM -1.8%, WFC -1.2%… Select financial related stocks trading lower: KEY -11.9%, ING -9.4%, GS -6.8%, C -5.7% (Citi’s rally ignores data like losses - WSJ), MS -3.6%, AIG -3.6%, DB -3.3%, BAC -2.3%, CIT -1.8% (announces $0.10 quarterly dividend and intention to sell approx. $8 mln of common equity)… Select metals/mining names showing weakness: AAUK -12.4%, RTP -8.9% (says long term outlook for co remains positive despite the upheavals in global markets; Chinese economy is pausing for breath), BBL -8.8%, BHP -7.8%, FCX -7.2%, RIO -6.5%, MT -5.0%… Select drybulk shippers trading lower: EXM -10.3%, FRO -6.3%, DRYS -6.2%, DSX -2.8%… Other news: UN -4.7% and UL -3.3% (still checking for anything specific), NOK -3.3% (still checking)… Analyst comments: EBAY (downgraded to Underperform at Merrill), STM (downgraded to Underperform at Merrill), DELL (downgraded to Neutral at JPMorgan)

Gapping Up

In reaction to strong earnings/guidance: TSL +7.1%, KO +6.8%, ALTR +5.8%, DNA +3.9% (also upgraded to Buy at Piper and upgraded to Buy from Hold at Citigroup), INTC +3.0%… Other news: LYG +7.4% (checking for anything specific)… Analyst comments: LVS +7.2% (upgraded to Overweight at Weisel), BYD +4.2% (upgraded to Overweight at Weisel), AAPL +2.0% (upgraded to Overweight at JPMorgan), WYNN +1.4% (upgraded to Overweight at Weisel), CRM +1.1% (upgraded to Buy at Soleil).

If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions

No comments:

Post a Comment

Your spam will not get posted on my blog. No wizetrade spammers etc

Pre Market Movers - Futures Trading - Nasdaq - NYSE

Subscribe to "The $t0ckman" via email

Enter your email address:

Delivered by FeedBurner