Stocks to Watch Tomorrow 01/05

Microvision Inc. (Nasdaq: MVIS) ramped 21.8% higher today on heavy volume after announcing they will unveil their ultra-thin, miniature full-color projection display for mobile devices at the upcoming Consumer Electronics Show in Las Vegas, January 7 - 11. Some bloggers have been hot on the stock recently, including Broker A and Trading Goddess. Also, MDB Capital recently started coverage on the stock with a Buy rating and $6 price target. NICE CALLS! Shorties in the name are feeling the pain today. The company still has a lot to prove, but it looks like a good one to add to the radar if you're not watching it already.

There was some crap circulating today that some big Google (Nasdaq: GOOG) advertisers were leaving because costs were too high. What did the stock do? Up nearly $16 points. I often question whether the Google-machine can keep going, but in reality the company has barley scratched the surface as far as monetizing their properties. The company is just starting to hit their stride. Where is the stock headed? I would say $600 is not unreasonable in the current market environment, but if the winds change so could GOOG fortunes.

Synplicity, Inc. (Nasdaq: SYNP), Openwave Systems Inc. (Nasdaq: OPWV) and RightNow Technologies (Nasdaq: RNOW) are lower in after-hours action after warning after the close.

A lot of retailers received beat downs today after disappointing monthly comps: Hot Topic Inc. (Nasdaq: HOTT) -17%, Bebe Stores, Inc. (Nasdaq: BEBE) -9%, Limited Brands Inc. (NYSE: LTD) -7.5%, Cache Inc. (Nasdaq: CACH) -11.7%. Gap (NYSE: GPS) managed to squeak out a gain despite horrible results. They pretty much admitted they suck and will revamp the Gap and Old Navy brands. This company needs to be sold to the highest bidder ASAP.

Constellation Brands Inc. (NYSE: STZ) was slammed 11.4% after earnings and outlook. Too much? Too fast? The company said cheap Australian wine is killing them in the UK.

Stocks to Watch Tomorrow 01/04

The greater fool game has moved to the Chinese micro-cap stocks. China Precision Steel, Inc. (Nasdaq: CPSL) jumped 25% today after a 109% move Friday after the comapny announced name change/reverse merger with OLAB. Highway Holdings Ltd. (Nasdaq: HIHO) and China Natural Resources Inc. (Nasdaq: CHNR) also jumpted today as traders looked for other names to turn to. Semiconductor Manufacturing International Corp. (NYSE: SMI) was also 22% higher but this was related to takeover speculation. China Eastern Airlines (NYSE: CEA) was up 22% too. This theme could either continue over the short term or end suddenly, leaving those that bought at the highs holding the bag.

Constellation Brands (NYSE: STZ) is expected to report earnings before the open

Monsanto (NYSE: MON) is expected to report earnings before the open

Healthways Inc. (Nasdaq: HWAY) is expected to report earnings after the close

Piker Internet search provider MIVA Inc. (Nasdaq: MIVA) jumped 14% today on a deal Google. This one has been much hated, but could be one to watch.

Witness Systems (NASDAQ: WITS) is looking strong after-hours after the company provided healthy revenue guidance after the close.

Carrier Access Corporation (NASDAQ: CACS) is looking weak after-hours after the company lowered Q4 guidance.

After the close it was announced that AvalonBay Communities Inc. (NYSE: AVB) will move into the S&P 500, Global Payments Inc. (NYSE: GPN) into the S&P MidCap 400 and Gibraltar Industries Inc. (NASDAQ: ROCK) into the S&P SmallCap 600.

Commodity stocks got smashed today: Independent Oil & Gas down 3.5%, Oil & Gas Drilling & Exploration down 3.56%, Major Integrated Oil & Gas down 2.45%, Oil & Gas Equipment & Services down 4.12%, Industrial Metals & Minerals -3%