Stock | Movement | Reason | Our Comments |
GMCR | Down 19 points. | Earnings last night. | Really beat up this stock last night on lowered guidance. Old 52 week low of 34.06 could be decent swing number, and may provide good resistance. 30 could be a psychological level. But this stock is a mess. |
PRU | Down 3 points. | Earnings last night. | Going to be an ugly day for PRU. 55 area has good support, but that is a ways from current price. MET could have slight sympathetic move. |
WTW | Down 13 points. | Earnings last night. | Stock killed after earnings release. |
ALL | Trading up last night. | Earnings last night. | 34 area has been major resistance. Above 34.10, stock could be in break-out mode. |
GM | Up 45 cents. | Earnings. | Stock getting nice lift after report. 24 area could provide some initial resistance. |
V | Down 2 points. | Earnings last night. | Initial support in 116 area. Note that MA had weak opening after it's report yesterday, but rallied mid-morning. |
* Listen to Market Outlook show at 8:45 ET for more market movers. |
Thursday, May 3, 2012
May 3 Premarket Movers
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