I'm feeling a little negative divergence creeping into the scenario. If we gap down tomorrow, we may have a bearish island reversal. We'll see. Tomorrow is options expiration and that's always tough to daytrade.
Companies moving in after hours trading in reaction to earnings:
Trading Up: ISRG +11.9%;
TPX +11.0%;
SNDK +6.9%;
TMA +6.3%;
AMD +4.8%;
PMCS +3.9%;
COF +3.2%;
SPSN +3.1%;
CYT +2.2%;
STX +2.0%;
OMCL +1.7%;
ZION +1.6%;
BRCM +1.4%...
Trading Down: PKTR -8.9%;
ACTS -8.2%;
GOOG -7.2;
XLNX -4.9%;
MHK -3.1%;
CYBS -3.0%;
GILD -2.9%;
ARNA -2.3%;
MSFT -2.0%;
VASC -1.8%;
HUBG -1.6%;
FDC -1.4%;
LCRD -1.1%;
INFA -1.0%... Companies moving in reaction to news:
Trading Up: NCST +25.6% (receives FDA clearance of antimicrobial barrier topical cream);
BRCM +2.1% (Qualcomm views Verizon Wireless' agreement with Broadcom as positive development);
COSI +1.7% (preannounces Q2 revs $36.43 mln vs $37.77 mln Reuters consensus; same store sales +0.1%);
OPNT +1.4% (awarded $5 mln U.S. Air Force network-centric solutions contract from NCI Information Systems); LM +1.2% (announces 5 mln share repurchase authorization)...
Trading Down: JADE -8.2% (receives notification from NASDAQ);
FSLR -4.6% (files 9.65 mln share offering);
TRCA -2.8% (completes enrollment of clinical trial MS301 evaluating treatment with Increlex in children with primary IGFD);
NAT -1.8% (announced Public Offering of 3 mln shares at $42.85 per share);
LG -1.1% (gas rate settlement approved);
EXC -1.1% (takes initial step in possible construction of new power plant with filing of an air permit request with the TCEQ).