|Day Low/High||27.53 / 27.55|
|52 Wk Low/High||12.90 / 31.50|
Stocks were slightly higher in midday trading Friday and on track for their third straight weekly gain.
Here are my notes on how to play DANG, BITA, YOKU, WB and VJET.
The Chinese Internet television company is the only earnings name that interests me tonight.
Here are the setups on Aruba Networks, Fresh Market and Youku Tudou.
These could get volatile after tonight's reports, so I'll use options to define my entries and exits.
Acquisition rumors involving Chinese Internet stocks never seem to die.
It's a busy week of earnings for retailers and restaurants, with Macy's and J.C. Penney set to report next week.
Youku's stock price languished for much of the last two years.
One I like on the long side, one I favor short and one where I like the volatility.
Right now, the Chinese social-media stock is not even a compelling turnaround play.
The concern is that the SEC will crack down on Chinese auditors, but the fear looks unfounded.
Sources in China note a couple more contributing factors to the stock's sharp decline.