Another up day for the market today. It was trading in a narrow range all day along, but it decided to close higher at the end of the day. All my reports will talk about what is ahead instead of action has already happened. For example, I will talk about after market mover after the market is closed, instead of the movers for the day which is already over.
Look for earning report from MFLX Monday morning. This is a fast mover. It can swing wildly on either side, +/- 5 points easily. This is a perfect stock for option trading, with call and put for out-of-money option because of the cheaper price. If history repeats, it looks like we may have a swing up day Monday morning on this one. Motorola is one of MFLX's biggest customer. From the earning report of Motorola, it looks very bullish.
After Market Movers - not too much action after market because of Friday, most of the companies do not report earning or have major news during Friday after market.
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