Tuesday, May 1, 2012

May 1 Premarket Movers

Stock
Movement
Reason
Our Comments
PFE
Down slightly.
Earnings.
A slight pullback on guidance.  Some initial support in 22.25 area.

DPZ
Down 3 points.
Earnings.
Stock ran up last few days into earnings report.  Giving it all back this morning.  Last week's low of 34.25 may be decent swing number.

AVP
Flat.
Earnings.
Muted action after report.  21.50 area has provided some support last few days.  Below that could get real ugly as there is a gap area in the chart down to 19.50 area.

AAPL
Up 3 points.
Bounce back.
Bouncing a bit this morning after falling below key 600 support area yesterday.  Chart starting to look ugly again. 

ADP
Flat.
Earnings.
Has had decent support in 54 area.  52 week high of 57.10 should provide some resistance if rallies ensues.

FDP
Flat.
Earnings.
Has had decent support in 22 area.


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