Thursday, July 24, 2008

Pre-Market

Gapping Up: QCOM, BIDU, XMSR, AMZN, TRA select Ag chem - AGU, MOS, POT, IPI; NOK, RSH, FSLR

Gapping Down: LH, MKSI, GDI, WFR, CMG, AUXL, FFIV,

Setting up for a mixed open with NQ futures outperforming due to good earnings reports from AMZN, BIDU and QCOM. Initial jobless claims higher than estimated 405 vs. 380.

Upgrades C, WFR

Downgrades AGU, POT, COST, BA, MCD

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