Wednesday, January 31, 2007

Wednesday's Stocks to Watch

The market climbed back from the low of the day after the FED announced the FED rate is unchanged around 2:30pm. All exchanges are in positive territories now. All eyes are on Google (GOOG) after close tonight.

It may give a boost the internet related stocks if it exceeds estimate and guides higher. I think only option play are worth while for the company. I would consider buying both long and short on the options with +/- $20 away from the stock to reduce risk.

Movers of the day:
(CHRW) - good earning report
(GOOG) - good earning after close?
(SIRF) - good earning report last night
(HOLX) - good earning report

Decliners (skip it if we are in bull run)

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