--- US Market Outlook ---
Interesting Stocks:
HPQ - down 4% on earnings:
-crazy moves in AH Trading yesterday... got pushed into green and then slowly retreated back down...
- on watch but not so likely to take a trade.
VVUS - up 106% (!) FDA Panel backs key drug: related stocks ARNA OREX
- well, not too much to say about this one... looking for momentum for a possible trade
SHLD - up 13% - mixed bag of news, earnings, updates, guidance, cost cuts
- Once more on my watch list...
- Looking for possible fading.
Market Sentiment:
- I see quite a bit of risk to the downside today... with european markets weak, and a bleak outlook on european GDP (revision down GDP, up inflation)