HOT STOCKS AND EARNING STOCKS ON THE MOVE FOR DAY TRADERS AND SWING TRADERS
CMG- Chipotle Mexican Grill, Inc. (NYSE)
CMG – chipotle mexican grill has had an amazing run on the upside, however today is seeing a big of a pull back in the stock price. currently trading down 1.56% 6.71$ to 424.07$ per share. it is making headlines today because of its higher than average trading volume, hitting almost double the volume of its average daily trading.
Stocks on the move for Day -Swing and option Traders
FFIV- F5 Networks, Inc. (NASDAQ)
FFIV-- beat estimates with their earnings for the second quarter and despite their third quarter estimates coming down, the stock has seen a major rally to the upside in trading today. the stock is currently trading up almost 12%, at 138.73.
STOCK MARKET DAILY UPDATE- APRIL 18 2012 for Day & Swing Traders, Option Traders
INTC - Intel Corporation (NASDAQ)
INTC - even though intel beat earnings and revenue estimates, the company has forecasted that their upcoming expenses could be greater than originally anticipated. There has been some major swings in the stock, hitting lows of 27.45 and then bouncing back above 28$ during the morning session. It is currently trading just under 28$ at 27.90.
WYN-Wynn Resorts, Limited (NASDAQ)
WYNN – with wynn’s fully integrated customer experience website that was recently launched in April, the stock has seen a nice move to the upside in trading today. It has bounced to the upside and out of its sideways range, trading up 6.40$ to 131.10 per share. it has retreated slightly off its highs, which is resistance of 133$ set back in early March.
Berkshire Hathaway – is seeing a barely %1 sell off from the news of its founder and ceo Warren Buffet, letting the world know that he was diagnosed with stage one prostate cancer. Mr. Buffet made the announcement yesterday, in which he stated that he is feeling %100 healthy and will undergo radiation treatment starting in July. He also informed his stock holders and employees that if his health condition were to get worse, he would not hesitate to let everyone know immediately.
UNG- United States Natural Gas Fund, LP (NYSE-ARCA)
UNG – united states natural gas fund might have found some support at the 14.65 level, hitting those levels yesterday and bouncing off the 14.67 level today. it is currently at 14.83 and has been making all time lows consistently over the past four years, since its all time high of 511.12 back in 2008.
News for Active Day and Swing Prop Trades-Option Traders
GS – Goldman Sachs Group, Inc. (NYSE)
GS – goldman sachs has posted earnings that were better than expected. The company states that because of their aggressive cost cutting, strong trading desk revenues, as well as investment banking profits, all contributed to the excellent earnings report. On top of the great earnings report, the company also announced that they raised its dividend.
IBM – International Business Machines Corp. (NYSE)
IBM – is scheduled to report earnings after the closing bell today. the stock has seen quite a bounce from yesterdays after market trading lows of 202.70. it opened today at 204.70 and is seeing highs approaching the 206$ level.
Apple Inc. (NASDAQ)
AAPL – after five straight days of losses, apple is catching a very strong bid and rallying considerably off its 572$ low. the previous six day range has seen highs of 644$ per share and stretching all the way to todays low of 572$. it is currently trading on its highs of 595.69 and will make for some volatile trading as it re-approaches the $600 level.
UNG – United States Natural Gas Fund, LP (NYSEARCA)
ung – united states natural gas fund is hitting ALL TIME LOWS of 14.66, as the futures commodity is sliding well below $2 per contract. the natural gas fund hit all time highs in the financial crisis of 2008 of $511.12 per share.
AAPL – is seeing a major decline and was unable to hold a few of the daily support prices that it has put in over the past 6 weeks. apple saw pre market highs as high as 611.50 however took a major turn to the downside shortly after the open and hit lows of 582.30. It is currently holding on to its 582$ support level that was put in back on march 20th.
GOOG – like apple, is hitting the downside with major steam today. when earnings hit late last week google saw highs of 653.14, however in the last two trading sessions have seen a decline of almost 10%. it is holding its 600$ per share support level, hitting lows of 601.66 a share today and currently trading at 605.23.
PRICE LINE
Pcln – following the major trend on the nasdaq today, priceline is another big item that is hitting a nearly 10% retracement to the downside. the middle of last week brought highs of nearly 775$ per share, however is clinging to its low of 703.05$ per share in intraday trading today.
PROCTER AND GAMBLE
pg – has increased its divident by 7% to 56 cents per share. it marks a historic trend that the company has been following, of increasing its dividend for 56 straight years. the stock is seeing a nice pop off that news and is up 1.5% to 66.76$ per share.
AAPL – A statement released by the manufacturer of Apple’s iPhones and iPads to limit work hours at its factories in China could force other global corporations to hike pay for Chinese workers who produce the world’s consumer electronics, toys and other goods. Apple spiked to over 612$ per share in the pre-market, however is pulling back aggressively and testing the 600$ level.
VVUS – U.S. health regulators are asking for advice on when and even if heart safety studies should be required for new obesity drugs, possibly adding a new hurdle on their path to approval. Despite this news vivus is trading up about %6 on the day.
RIMM – research in motion missed estimates by 1 penny, continuing its epic slide to the down side. former ceo jim balsillie has also resigned from the companys board of directors. The current ceo thorsten heins says the company is undergoing a major strategic revamping, and is not ruling out a sale of the company. rimm is currently trading about flat at 13.80 per share.
TIBX – tibco software inc. – getting a nod from jim cramer earlier in the week, as one of the hot software companies that he has on his radar, saw a nice pop to the upisde this morning, however has had a major pullback. hitting highs of 33$ per share and currently trading on it’s lows of the day to 30.81.



