Hitmaps (experiment)

Early Movers for Thursday, October 14

Not a Crashing Bore

Another album recommendation from the Chairman: Morrissey's You Are The Quarry.

Today's Trading Idea

Fifth Third Bancorp (FITB) is reporting earnings this morning so it may move violently at the open, which will invalidate the set-up, but keep an eye on her anyway. I might short her off the intraday chart if she gives me a sweet spot.

(These trading ideas will be for Members Only (those who make a donation) once I get the new site up, which should happen by the end of this month.)

FITB, Daily Chart

Best and Worst Performing Stocks (since last Friday)

I scanned my universe of stocks for the best and worst performers over the last week (since last Friday's close).

Best:

• Lincare Holdings Inc (LNCR)
  {provider of oxygen / respiratory therapy services to patients in the home}
• Itron Inc (ITRI)
  {collecting, analyzing and applying critical data about electric, gas and water usage}
• Level 3 Communications, Inc (LVLT)
  {communications and information services}
• Delta Air Lines Inc (DAL)
  {airline}
• Zix Corporation (ZIXI)
  {e-messaging protection and transaction services}

Worst:

• Lone Star Technologies Inc (LSS)
  {holding company, steel and oilfield tubular products}
• Calpine Corp (CPN)
  {power generation, electricity sales}
• Commscope Inc (CTV)
  {coaxial, fiber-optic and other high-performance electronic cable products}
• Merit Medical Systems Inc (MMSI)
  {medical products for use in diagnosis and treatment of cardiovascular disease}
• Carpenter Technology Corp (CRS)
  {specialty metals and engineered products}

Chart of the Day -- High Grade Copper futures, 40-minute Chart

Ouch. Copper gapped down over 10 cents at the open yesterday and closed even lower. I read that one trader said it was "just a normal shake-out." That made me chuckle.

High Grade Copper futures, 40-minute Chart

Bill O'Reilly Doesn't Know Loofa from Falafel

-- via Angry Bear --

Barclays China ETF faces competition, by John Spence:

Sounds like a poor substitute to the iShares offering (FXI). And a 2% sales fee? Guffaw.