--- US Market Outlook ---
Interesting Stocks:
MOS +4,5% - some environmental related news on its mines
-without knowing too much yet, this is screaming "FADE PLZ"...
- i'm reading up on it right now, and might take a short position into the open or right after open
GRMN - up 11% after earnings:
- ultra strong into the earnings, and even managed to beat those expectations
- though it is not clear how it will move post-open, it's likely to build some momentum at some point in early trade... up could lead to option hedge and short squeeze related momentum, down to profit taking.
- watch this one very closely
and of course:
DELL - down 6% post earnings:
- same as GRMN looking for momentum
- DELL went pretty strong into the earnings.
- Premarket price action gives no signal whatsoever what to expect. probably moving back and forth right after open w/o clear trend established.