Wall Street Nole’s Morning Stocks to Watch for Day-Trading

 

“Oh, the best part of waking up…”

We will start off with a gap down due to fiscal cliff concerns this morning. Market sentiment seems to be a mixed bag with bullish seasonal forces mixed in with bearish econmic concerns. 

 

Check out some of today’s highly anticipated stocks to day-trade while you have your morning coffee. 

Morning Coffee – Day-Trading Watch-List
1	ANN- 3rd quarter pforit rose 26% amid improved sales. Stock should be gapping up in the upper 33’s.  This can be a good trade if you are on the right move but be careful with this gap up as volume tends to dry up quick.
2	GMCR-Huge gap up as this morning as highly positive earnings seemed to shock everyone. This stock has done well coming off the bottom at 20 and now will surge into the mid 30’s. Dont forget to keep an eye on the other coffee players including $JVA and $SBUX
3	COST –  They are now providing a special dividend in an attempt to combat the proposed tax hike in January. Morning gap up should prove to be in play all day for traders.

 

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