Good Morning , Todays Trade

Monday, May 19, 2008

Hope everyone had a great weekend, The 10 for 1000 Watch list is delayed for one, meaning it will be out today

Here the ones i am watching

SBUX Big day friday
CEPH Chart
OXPS chart
CME Stochastics watch move above 480.50
ESLR Solars back in play
LDK Solars back in play
IPI, recent IPO



DRYS out with earnings after the close, Watch shippers DSX, RIG.. I am not getting in at these levels

Early indications point to a flat start for the stock market. Citigroup cut its earnings estimate on Goldman Sachs (GS), Lehman Brothers (LEH), and Morgan Stanley (MS). In deal news, Electronic Arts (ERTS) has extended its offer for Take-Two (TTWO) until June 16, 2008. Manitowoc (MTW) has increased its offer to acquire Enodis plc to $2.4 billion in response to Illinois Tool Works (ITW) bid for Enodis.


Microsoft in talks to make a transaction with Yahoo, but does not involve acquiring all of the company


For a swing play HON still looks great this was out last week, but wanted to pass it on to some holders off HON with me

Honeywell: Reit Buy and Top Pick on HON; UOP unit's growth one of key underpinnings of thesis - Citi (61.99 ) : Citigroup says their analysis indicates '08 will be a strong year for catalyst producers, with an upsurge of demand driven by replacement of Hydroprocessing catalysts and continued tightness in the supply/demand balance. Firm says strong demand is thus shaping up to be a multi-year driver for HON's UOP unit. Firm says the June 19 UOP meeting could be a positive catalyst for HON.