Friday's preperation

As I am writing this words (14-55 Kyiv time) , S&P index climbed more than 1.5%. This growth explained by good accounting from Sears, rumors that GM can have another offers for their Opel and Vauxhall. Today we dont have more events, news , etc , that can be economic drivers. Only Ben Bernanke will have speech @21-00 Kyiv time. Will see hows US market will open. But now we can expect that trend could change only after 21-00. Todays market character could be range as on Monday we have US holiday . So traditionaly we see low volume on day like this.
First lets look for pennystocks
MRM - growth expleined by earnings. Its not the best pattern to play in pennystocks but lets just keep on mind this stock. Pennystock which reported good earning more often just keep its growth. We could by it on strong market plus if we have possibility to pot small stop loss on high breakout. Or on weak market we can look for sidemove to identify key level and short on its breakout.
NMTI - This stock grew, but had bad earning report + analyst upgrade. So no question that it is nice short. Look for 1.9 lvl breakout with good volume to short.
OGXI - we had news about drug of this pharmaceuticals company last week. Its nice short, but we still didnt see sidemove.
NGSX - this stock is some dangerous due its thin but fundamentally its nice pattern for sell. 4.5$ breakout.
Other stocks
Today we saw bad accounting from British Airways. We can expect that airways will weak today. CAL and DAL - maybe the weakest from this sector.
Another pennystock list to look pennystocks