The NASDAQ has finally reached a major milestone - 38% Fibonacci retracement of the 2000 high to the 2002 low!
Economic calendar: Jobs data at 8:30
Companies moving in after hours trading in reaction to earnings: Trading Up: PXPL +9.2%... Trading Down: HWAY -3.7%... Companies moving in reaction to news: Trading Up: OPX +5.5% (changes name to Orchid Island TRS); SIX +3.2% (SAC Capital's Steven A. Cohen discloses 5.2% stake in SC 13G); EPHC +1.8% (announces 12% increase in assets under management)... Trading Down: PMTC -23.0% (preannounces Q3 revs below consensus; expects to lower Q4 and Y07 rev guidance); IBKR -10.2% (June quarter guidance details); TMWD -5.8% (guides Q2 EPS and revs below consensus); CNR -1.0% (cancels secondary offering of up to 8 mln shares in Tethys).
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