May 2 Premarket Movers

Stock	Movement	Reason	Our Comments
CBS	Up 1 point.	Earnings last night.	52 week high of 34.56 may provide some decent resistance.
CHK	Down $1.70.	Earnings last night.	That rally was short-lived.  After popping over 2 points at one point yesterday, CHK has given it all back this morning.  17.50 area has provided some support, but chart is not pretty.
BRCM	Down 70 cents.	Earnings last night.	Major support in 34 area.
CVS	Up $1.29.	Earnings.	Stock breaking out to new 52 week high in premarket.  Keep an eye on old 52 week high of 45.88, that should be decent swing number.  WAG may have sympathetic move.
TWX	Down slightly.	Earnings.	Good support down in 36 area.
DB, BCS, STD, CS, ING	Down 2-4%.	Euro-banks weak overseas.	The yo-yo continues for Euro-banks.  Down today, may put some initial pressure on US financials.
CMCSA	Down 60 cents.	Earnings.	Good resistance at 52 week high of 30.87.  30 could be decent psychological swing number.
MA	Down 6 points.	Earnings.	Keep an eye on 52 week high of 466.98 for resistance.  425 area may provide good support if sell-off ensues.  Visa (V) reports after the bell.
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