ACMR reports after the close, should be good into close but as usual a valuation question might put it in line for a possible correction. A.C. Moore Arts & Crafts.. usually good but usually doesn't count any longer.
SYMC 35 August calls breaks rising 200 day moving average if it stays above the 34 area. This baby could challenge the 35.70 area (100 day moving average) Reports tonight. SYMC much like ADBE and INTU usually beats estimates. aggressive players could hold a small long position after the close and watch the after hours activity to get a small profit. If it looks good after hours, SYMC might continue up after some upgrades. HIGH RISK/ HIGH REWARD..
CONSERVATIVE PLAYERS can just play the intraday chart using the 200 day moving average as resistance.
QLGC, IBM at low end of intraday range in a market that is up over 200 points. Still would let QLGC as high as it could go (45 or so) I'd be picking up PUTS for August. We did miss QLGC for the famous "QLGC rally" but we picked up NVLS and some hope floats stocks and did almost as good, but somehow I doubt we get anything even vaguely similar to another 25% up day for QLGC.
Still IBM..is always a short at highs.. and I'D be holding August puts (remember we have been picking up August puts already in beginning of August). Expect a pump before earnings and a dump just afterwards.