In last evening’s Forecast Report, InterMune (ITMN) signaled a potential long entry point for early Wednesday at 34.50 and 36.
In early pre-market trading, ITMN hit a low of 38, above our target range. For investors who did move in at that level, their buy, as measured to the day-session high of 39.50, was up 4%.Â
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In last evening’s Forecast Report, J Crew Group (JCG) offered a potentially attractive early entry point for longs at 46.60 to 47.
In pre-market action Wednesday, JCG stuck to a relatively tight band of 46.12 to 46.85, largely above our target range. The stock moved during day trading between 44.53 to 46.17.
In last evening’s Forecast Report, AeroVironment (AVAV) signaled a potential short play for early Wednesday from the 23 mark and above.
Early Wednesday, the stock drifted below our target range. But shares did move steadily off the opening level, also the day low of 22, to hit 25 inside the first hour of trading. The stock pulled back to 23 around midday and drifted near that mark since. A sell at the 25 high measured to 23, was 8.7% in the black.
In last evening’s Forecast Report, ArcSight (ARST) indicated a potential short play from the 26.70 to 26.50 area for early Friday.
In the pre-market session, the stock hit a pre-market high of 26.45, just shy of our target range. For investors that moved in for a sale at 26.45, their trade, as measured to the day low of 25.28, is 4.6% in the black.
 In last evening’s Forecast Report, Marvell Technology Group (MRVL) signaled a possible long play for early Friday from 18.71 up to 18.90. On the short side, evening action indicated a possible sell entry point from 19.25 to 19.10.
In Friday’s pre-market session, MRVL hit a pre-market low of 18.75. A buy there, as measured to the day session high of 20.38, is 8.7% in the black.
MRVL hit a pre-market high of 19.85. A sell there, as measured to the day low of 19.53, is 1.6% in the black. The stock did gain to 20.38 later in the regular session.
In last evening’s Forecast Report, Sigma Designs (SIGM) offered up a potential range for a short play at 13.70 and 13.20, and secondarily, closer to 13.20 to 13.
Early Thursday, SIGM hit a pre-market high of 13.14. A sell there, as measured to the day session low of 12.12, is 8% in the black.
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In last evening’s Forecast Report, Take-Two (TTWO) signaled a potential long play for early Thursday at 9.40 to 9.50.
In Thursday’s pre-market session, TTWO hit a pre-market session at 9.42. A buy there, as measured to the day high of 9.96, is 5.7% in the black.
VIEW AFTER-HOURS FORECAST REPORTS
In last evening’s Forecast Report, PetSmart (PETM) signaled a potential long trade for early Wednesday from 30.20 to 30.40.
The stock hit a pre-market low of 29.79 in pre-market trading. A buy there, as measured to the day high of 30.25, is 1.5% in the black. A buy at the low end of our target range, 30.20, as measured to the day high of 30.25, is up 0.2%.
In last evening’s Forecast Report, Verifone (PAY) signaled a possible short play from 19.90 to 19.50. On the long side, there was some tentative buying off the evening bottom of 18.83 up to 19, an area of possible interest for longs.
Early Wednesday, PAY hit a pre-market high of 19.74. A sell there, as measured to the day low of 19.54, is 1% in the black. The stock traded as high as 21.50 during regular trading.
A buy at the 19.42 pre-market low, as measured to the regular session high of 21.50, is 10.7% in the black.
In last evening’s Forcast Report, Hovnanian Enterprises (HOV) indicated a possible early long play from 4.10 to 4.16.
The stock hit a pre-market low of 4.10. A buy there, as measured to the day high of 4.25, is 3.7% in the black.
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