$MF - Bankruptcy Protection filed - Trading Halted

MF Global Holdings filed for Chapter 11 bankruptcy protection in New York on Monday morning, after an effort to sell itself to Interactive Brokers Group failed.

MF Global had a tentative deal to sell assets to Interactive Brokers as of late Sunday, but the agreement fell apart as talks continued overnight, said people familiar with the matter. Discussions ended around 5 a.m. ET, one of these people said.

MF Global had been considering filing just its holding company for bankruptcy protection and then executing the sale. That plan is now off the table, one of the people said.

Article - http://www.cnbc.com//id/45103504

$MF - NEWS UPDATE

$MF may continue lower for a few more days - unless a buyer is reported. Technical analysis is out the window in situations like this so proceed with caution. I am going to watch for an intraday volume increase in anticipation on good news. The potential for this stock is great.. but there are some considerable risks as well. - Stock Cowboy

Jon Corzine’s MF Global Holdings Ltd. was working through the weekend to consider options for the sale of the futures broker, according to a person with direct knowledge of the situation.

The firm’s board is meeting today in New York after convening yesterday, said the person, who asked not to be identified because the talks are private. MF Global was in discussions with five potential buyers for all or parts of the company, including banks, private-equity firms and brokers, a person with knowledge of the matter said on Oct. 28.

http://www.bloomberg.com/news/2011-10-29/mf-global-s-board-said-to-be-meeting-today-to-discuss-selling-the-company.html?cmpiid=bit

Important Link - Earnings Calendar

Earnings Calendar! Don't get caught with your pants down..

http://www.cnbc.com/id/15906175

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$TXIC

$TXIC (Watch List) - TXIC is another the technically is oversold and ready to pickin'... or at least watchin'. Having been in a steady decline since July, it'll be ready to go soon. Goodnight!

$PWAV

$PWAV (Watch List) - After a big drop last week, PWAV is technically ripe for a rebound. Again, we will be watching this one closely for confirmation and entry. If we get some volume, this could bounce to $1.00 pretty easily..

$ACTC

$ACTC (Watch List) - ACTC is opening up after a nice pinch. There should be some more room to capture some gains - but be careful. Do you own research and homework before investing.

$MF (Watch List)

$MF (Watch List) - Here is a sweet one that's quite oversold and ready to turn up. Today's actions left us a nice shake-out candle indicating a possible turn-around. We will be watching this one closely for a solid entry.

$SPXU

‎$SPXU (Watch List) - SPXU touched support at $14.46 and is attempting to turn up. I like it..

$NANX

$NANX (Watch List) - I am adding NANX to my watch list because I am expecting it to bounce soon.

$TSON

$TSON (Watch List) - This is very oversold and is setting up to pop soon. Many of these that appear in my filter have not set up just yet, but I often hear chatter about them not long after. Bring on the volume!

NEWS: $CLWR Surges as Sprint Says Partnership May Continue Beyond 2012

http://www.bloomberg.com/news/2011-10-26/clearwire-surges-as-sprint-says-companies-negotiating-on-lte.html?cmpid=yhoo

CVM - Daily and Weekly charts

$CVM will be a fun one to watch tomorrow.. only if there is volume. It was up nearly 20% today and needs to break $.40. The bottom chart is a weekly chart.

CYCC

If CYCC breaks through and closes above the MA(50) and Fib 21.4%, it's next stop could be Fib 38.2%! $CYCC

$ILMN is busting that pinch right open! Up 10+% so far and running!

Looking good!