Stocks To Watch For The Week Of 06-08-09

06-08
BTH, FCEL, PLL, ZQK

06-09
KFY, MOV, NCS, OXM, PBY, SHFL, SINA (CTRP, BIDU, NTES, SNDA), TLB, TITN

06-10
SEH, VOL

06-11
LULU, RGEN, SCHS

06-12
None

June is typically a very slow month in terms of earnings - next earnings season is in July when high beta stocks report their earnings (i.e. GOOG, ISRG). I only see one stock that qualifies for our RED LIST this week; that is, SINA. However, we will have a nice opportunity to make some nice cash with RIMM on 06-18-09 - this stock is definitely a strangle / straddle candidate; just five bucks all around the close price of 06-18-09. Just a major word of caution, this move will not be for the faint of heart if you buy June options (this trade is only for very experienced option traders).

1. Stocks in RED - those of you that know the color coding already know that all stocks in RED are expected to swing nicely and provide MONSTER CALL / PUT OPTION PLAY opportunities - these are to be traded after earnings based on all technical signals (e.g. volume, MACD, Bollinger Bands, CCI, RSI, current trend, etc.).

2. Stocks in RED / BOLD and UNDERLINED - these are very good potential strangle / straddle candidates.

3. Stock in YELLOW - these stocks will move based on the action on the preceding stock reports - we know that Chinese stocks for the most part all move together so if SINA reports great / bad earnings and moves up / down, it may move all Chinese stocks with it (including CTRP, BIDU, NTES, SNDA).

Enjoy trading!