Movers and Losers. Oh yea, dont forget Earnings.
Some big movers and shakers today out there today. Right now CREE a stock that has been on our radar list for sometime is up $9.00, AAPL down $4.30 after a big rally yesterday. For you penny stock players take a look at DEAR, this thing is blowing up today. It closed at .61 cents yesterday and traded as high as $2.13 today on heavy volume. The company late Tuesday reported fourth-quarter earnings of 55 cents a share, swinging from a year-ago loss of $3.77 a share. Watch for BRK.B to split tomorrow, this could be opportunity for a lot of people to jump into this stock since it’s a $3,466.00 as of right now. Effective Thursday morning, the split will cut the price of these shares to around $66 a share. Ford (F) is making a nice pull back after its recent run up. I have been watching Ford for a correction since I missed the last run up. Now it’s all about patience. I would like to see the market pull back for a couple of more days. I see a lot of trends that are over extended and need a correction before moving higher. We just jumped into the earnings season and that could cause a lot of volatility over the next several weeks. So keep your stops tight and do your homework on the stocks you are trading. Its important that you know when they announce their earnings, that should be an important part of everyone’s trading plan.
