Thursday Morning Trade
The morning trade is likely to be a shitfest so I plan on watching the action for a while and seeing where we’re at by 11am est.
Premarket Earnings
- [[FUN]] - 110m, $-.26
- [[do]] - 680.67m, $1.68
- [[gsk]] - 11,476.2m, $.84
- [[mco]] - 481.7m, $.47
- [[flir]] - 233.8m, $.30
- [[bg]] - 11,786.9m, $1.51
- [[dhi]] - 1621.7m, $.25
[[CSCO]] blew it and the market is set to open with a sour mood. Depending on how these major players report, I am looking to trade stocks in the same sector. Some are more promising than others.
FUN will provide a view on amusement park spending, and viz, the consumer. Knott’s Berry Farm and hella hotels, fool.
DO earnings could spark like kind moves in the other drillers. I am watching for [[RIG]] under 120ish and [[ne]] under $42, and [[atw]] under 83. Those have potential.
GSK I am less interested in trading as I am seeing the reaction. Same with FLIR.
MCO is going to be asshat central.
Depending on the action in [[JEC]] and [[FWLT]], I am watching for [[flr]] under $111.50. FWLT is sort of in no man’s land, but it looks like it wants to suck it up if the market is weak.
BG should move the AG contingent. Watch those.
Finally, DHI should confirm the rumor that housing stocks are gay. The best part about that prediction is that it is true even in the ungodly event that they go up tomorrow. Unlikely.
Go forth and banketh.









