Update - TMY NICE NSTC

FYI...My analysis for tonight is going to be late!

TMY opened in the pre-market at $7.20 after trading around $7.45 after hours last night. It then dropped to a low $7.03 in the pre-market at 9:06am. It then opened at $7.19 at the 9:30 opening bell, seeing a high of $7.25 at 9:35am and then dropping to a low of $7.00 at 9:56am. So once again, the volume spike was a few minutes after the opening bell, something I noticed yesterday as well. This has also traded in a .25-cent range the entire regular hours trading day even with 10X the normal volume. So a few opportunities presented themselves for shorting, with the best being after hours last night. A .45-cent drop from last night is very good for a stock of this price.


NICE traded lightly in the pre-market but above last nights after hours price of $56.65. It opened going up and hit a morning high of $57.19 at 9:32am. It then traded lower to $56.41 by 9:56am. A decent drop from the opening bell, but not outstanding for shorting last night. It has since traded even higher, possibly on a pre-earnings run-up.


NSTC which traded at $12.73 last night opened at $12.60 in the pre-market. It traded between $12.50 and $12.60 until 9:28am where it went to $12.69 before falling to $12.40 by 9:34am. It then climbed back to $12.65 by 9:40am before falling for the remainder of the day and hitting a low of $12.31 near the end of the day. So, once again a very tight trading range, a decent drop for this price of stock but nothing spectacular, and once again, the ANGO rule wasn't right here.


So, after these 3 picks, it looks like the 52-week highs that Cramer is creating aren't really giving a lot of insight into the price movement the next day. I am begining to think this is a tricky time to be shorting the picks since it is earnings time and there might be some added speculation. It is also appearing that after hours shorting is doing a little better than waiting until the next day. I think I will go plug some more numbers into my "recent analysis" spreadsheet and take a closer look at the sectors, times of peaks, and price to see if anything presents itself in terms of making better predictions.