Wednesday, April 23, 2008

20080423PM

DJIA 12,763.22 42.99
NASDAQ 2,405.21 28.27
S&P 500 1,379.93 3.99

ICO 8.2 -.73. Shorted near the close, to hold through earnings. Reported a wider quarterly loss ... shares fell 7 percent to $7.65 in extended trade.

AEM 64.15 -4.38. Going lower.
FIX 13.23 -.17. Light volume. May want to pull back - a dollar or two.
MELI 51.4 +.8. Light volume. Testing top of gap.
SBUX 17.85 +.15. Consolidating since mid-January. Earnings released after hours. Going lower.
RJET 17.45 -.51. Huge volume. Day range 11.23 - 18.16. Frontier Air, in bankruptcy, cancelled contract with RJET.
SYNM 1.05 +.17. Has upside potential.
VMW 60.84 +2.82. Big volume. Day range 60.55 - 64.88. Open 64.63. In gap, closed near low of day.

China volatility:
CHL 89.31 +4.73.
FXI 157.61 +8.91. Articles the past few days about China equities off 1/2 this year.

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