Stock Earnings 07/24/07

The following is a "cloud" of companies reporting earnings after the close Monday or sometime during the day on Tuesday.

I got this "cloud" from Yahoo Finance. However, I edit it down substantially. Also, Yahoo Finance isn't perfect in this regard. Like, they had TASR reporting Tuesday when in fact, they reported today... In other words, there could be mistakes on this list. Blame Yahoo or, Canada.

If a stock is under $10 or has really low volume, it would not be included in my stock earnings "cloud". I only place stocks in this "cloud" that might be worth watching to trade. This "cloud" does not represent any type of recommendation to buy or sell these stocks, it's just a "cloud" of stocks that could move (up or down) when they report earnings Tuesday.

ALTR WGOV IEX SVU
ACI AKS JEC MHP
ATHR AMZN LH SWK
CNI EPAX LRCX UAUA
CR AXE LM X
EW ATB LXK USAP
EFX AVY LMT USG
RE BIIB MDU WAT
FWRD BJS MICC WSO
PRE BNI NBR WBS
PPD CP NETL XTO
RGA CRDN EDU
SVVS CME NOC
SLG CMCO OXY
STLD CBH PCAR
STSA CPO PNR
TCB CFC PLT
TXN DD PCP
TNB EGP RDN
TSS LLY ROH
BER ENR SKX
WCN ESV SII

The Grateful Dead, "St. Stephen"

Virtual Office, $1702. Dow, +92.34, 13943.42.

HPT, $1000 on 46 contracts traded.
Misstrade, $410 on 9000 shares traded.
Me, $194 on 18,400 shares traded.
OBAT, $138 on 2200 shares traded.
Denarri, $40 on 3000 shares traded.
Bubs, -$80 on 1000 shares traded.

I think Bubs had it right when he described today as a "chop fest".

Like I said in my daily post, it's an odd day when the market is up over 90 points yet it feels like you want to be short all day. On the NYSE, decliners led advancers. It was a narrow, light volume rally. Not fun for traders but at least we suffered no disasters.

Maybe it was better for the futures traders out there... HPT had a nice day.

This week is rather heavy on earnings reports. Get your sleep.

Tuesday, Wednesday, and especially Thursday will give you plenty of reports to sift through. I'll post lists of all the stocks reporting on my site. Hopefully, this makes your research a little easier.

A Case Of The Blahs

For a day when the market is up over a 100 points (currently, anyway) I really had no fun. In fact, for all the bluster showing up on the indexes, I made my good trades on the short side.

One in particular stands out. It was really the only good trade I had today. That was a short in WFT.



I got short a small position when the stock broke 58.70 at around 10:30 and then added when it broke 58.50. I covered most below 58.10 and net a little over $600 in the trade.

This trade came at a very important time of the day for me because up until that trade, I had no winners. Not one. I had traded 7 stocks and lost in them all. Most of my losers were under $100 except for SFL which was going nowhere... I shouldn't have been trading him. But I did... so, I got chopped and was down over $300 in him. So with a bunch of small losers and SFL, I was about to hit my loss limit of $500.

So WFT worked out and gave me a little boost of confidence for having a turnaround day.

In the end, I didn't do too much after that trade and make only $194 for the day. For now, I'll take it. At least the slide from Friday was stopped in it's tracks.

Perhaps tomorrow will offer more opportunity.

NOTE : I will post a list of the stocks with earnings for tomorrow like I did today. Tomorrow's list of companies announcing earnings is fairly substantial, with over 75 names making my list.

Here's the stats:

P&L, $194
Best, WFT, $634
Worst, SFL, -$247

shares traded, 18,400 (churning action)
stocks traded, 11, 4 winners, 7 losers
total trades, 97