Thursday's Pre-market

The market looks like it will open slightly lower today after yesterday's big gain. I would be surprise of the market trading down today because of the recent trading patterns. Major news for the day is: weekly jobless claims rose 15K to 294K vs. estimate of 285K, but it is still below the 300K level for a seventh straight week and an indication of strong labor market conditions. Many traders on eyeing on Google (GOOG) today of the analyst meeting, it disappointed last earning as well as Tuesday's interview with CNBC. So watch out for (GOOG) for big swing today.

The biggest point loser today is (NSTK) after Merck (MRK) terminated its collaboration agreement with the company. Biotech stocks are very risky, much higher percentage of them like (NSTK) failed then succeeding like (AMGN). That is why I do not play them unless I know they have lucretive drugs or technologies.

Upgrades This Morning:
(COGN)
(FCGI)
(SIRI)

Downgrades This Morning:
(BRKS)
(PPC)
(SAFM)

Most Active Stocks:
(QQQQ), (GLDB), (MONE), (OVTI), (CIEN), (NSTK), (SIRI), (GNTA), (IVAX), (CNXT)

Stocks are Up:
(VNST), (MONE), (DXPE), (PETM), (ALTI), (AGIL), (SCMR), (PALM), (ZHNE)

Stocks are Down:
(QNTA), (NSTK), (TERNE), (SHRP), (OVTI), (CNXT), (WMAR), (CATG), (MRGE), (NVAX)

Cheap Stocks on the breakouts

The following under $10 are breaking out to the upside:

(PNS)
(ASTSF)
(BRBI)
(CCUR)
(AMKR)
(FCGI)
(AXTI)
(FNSR)
(GFX)
(TTP)
(MNG)
(CYB)

Wednesday's Stocks to Watch

The market is trading a lot higher at 2:10 pm EST. What a difference made between today and yesterday. The pentulum swings back the same amount of lost as gain today. Google (GOOG) was to be the blame yesterday. There is no major news accounted for the gain today. The market has been in big swings in recent trading sessions. I would not surprise to see another swing down in the coming days.

My cheap stock (PNS) is breaking to the upside again. It was $3.45 last Thursday on my alert. It is now $4.14. Not a bad gain in 4 trading sessions. It had some big swing like the market. If it comes down and holds its support, I will buy more.

Today's Stock Movers at 2:10 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(SMTS) 26.62 +1.30 +745
(ASEI) 83.42 +7.33 +411
(NEU) 35.89 +1.42 +389
(ATHR) 22.57 +1.99 +349
(THO) 49.68 +2.48 +295

Stocks Down:
(ISYS) 27.33 -0.68 +1,334
(FRGO) 16.91 -2.02 +1,129
(COGT) 18.94 -4.32 +1,108
(PSUN) 21.60 -2.21 +976
(DCI) 32.91 -1.75 +813

Wednesday's Pre-market

The market looks like it will open slightly higher today recovering from yesterday's selloff. Major news for the day are: US Personal Income increase of 0.7% and Spending increase of 0.9%. Americans still spend more than they take in. Both numbers are inline with expectations. The next news are the construction spending and ISM Index release at 10:30am EST. The ISM index can be a big mover for the market.

Upgrades This Morning:
(HSP)
(DY)
(TWGP)

Downgrades This Morning:
(GVHR)
(NUVO)
(OFIX)

Most Active Stocks:
(QQQQ), (SIRI), (GNTA), (INTC), (VPHM), (NVAX), (AMAT), (GOOG), (CTXS), (COGT)

Stocks are Up:
(MNDO), (GNTA), (VPHM), (JRCC), (ADSK), (ADSX), (AEOS), (SCLN), (GNBT), (HGSI)

Stocks are Down:
(SOLD), (TRBM), (FRGO), (COGT), (APSG), (PSUN), (NKTR), (FWLT), (SIRI), (OSIP)