Judgment Day for Some Momentum Names

Some momentum names are heading into the graveyard today. Actually, today is the burial, and they've been heading there for some time now. Europe should thank them, as they've taken some of the spotlight and a lot of Twitter chatter (Twatter?) away from the problems there, at least for the day, and with more earnings yet to come, maybe another reprieve. Though that's unlikely, since tomorrow could be the grand unveiling or the grand failing, depending on what is said.

I imagine Amazon (AMZN) will be the spotlight star this evening. Although I expect a decent move here, I don't expect anything like we've seen in Apple (AAPL), Google (GOOG) or Netflix (NFLX). I am looking for a move in the 4.5% to 6% range. I think most are pessimistic on this one as well, given recent action in the highfliers, but Amazon seems to be resilient....252 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.