Third day for BPUR and NFLD. NFLD news pending approval for their own blood substitute.
Todays consumer confidence, (the only thing keeping this market up) number was worse then expected, which still allowed plenty of time to set tight stops or take profits on recent swing trades.
Trades in da room were basically getting stopped out of most of the recent longs, ALLY, OPWV, a few semis including CREE, TQNT, as well as ETS from 9, and a short CMVT into earnings.
GDP tomorrow will set trend for the rest of the week as we are pretty well out of earnings.
2nite casino action had few surprises, CMVT met estimates but guided lower, PRGN confirming for the rest of the year, and GTW gains on a CSCO like restructuring plan, FNSR is applauded by suggesting it won't go bankrupt this year, and ALOY, mkting media co to the Y-Gen popped on a increased revenues.
Missed the fun? You wouldn't have had you been there, write a note to Netrader@mindspring.com, be there or be square...
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