Forecast Report: LDK,HOV,PAYX,FSLR,

Yesterday's Forecast Report Results
Forecast Report Update: LDK Holds Below Long Entry Target

In last evening's Forecast Report, LDK Solar (LDK) indicated a possible pre-market open Thursday surrounding the 9.35 area. LDK estabished a steady evening floor near 9.30 to 9.33, a potential entry point for longs. LDK opened at 9.34 but quickly dropped below our expected long entry point, trading as low as 8.60 in pre-market action. The stock moved as low as 7.86 in regular trading in a mostly steadily lower move.

Yesterday's Forecast Report Results
Forecast Report: HOV Early Short Trade Nets 4%

In last evening's Forecast Report, Hovnanian (HOV) offered a possible short trade entry target in the 4.10 to 4.00 range, a ceiling that developed through the late first-half and mid-session of night trade. More risk tolerant shorts were advised to test the waters closer to the 3.90 to 3.85 range. HOV hit a pre-market high of 3.95. A sell there, as measured to the regular session low of 3.79, is a 4.2% winner. The stock did push through to a 4.17 regular session high. A sell there, measured to the afternoon low near 3.85, was 8% in the black.

Yesterday's Forecast Report Results
Forecast Report Update: PAYX Long Trade Offers Slim Gain

In last evening's Forecast Report, Paychex (PAYX) signaled a potential long entry point early Thursday near 31.90 to 32.30, and secondarily from 32.30 to 32.45. The stock has proven a narrow mover Thursday. PAYX opened pre-market trading at 32.49 and then eased to 32, the pre-market low. A buy there, as measured to the regular session high of 32.06, is up a slim 0.2%.

Yesterday's Forecast Report Results
Forcast Report Update: FSLR Long Trade Up 1.7%

In last evening's Forecast Report, First Solar (FSLR) indicated a possible pre-market open surrounding the 139 to 140 area. The aggressive sell momentum off the evening top of 145 down to about 143 presented possible opportunities for shorts in Thursday's session as this area set up as a decent ceiling level. On the long side, FSLR may generate some upside support near 136 to 140, levels where some of the strongest (but mostly moderate) upside support flowed into the issue. This morning, the stock opened near 139-140, right on target. It quickly hit the pre-market high, and ultimately the day high, at 140.10. That's shy of our 143-145 sell target. The issue offered more opportunities for long investors, hitting a pre-market low of 136.50. A buy there, measured to the regular-session high of 138.80, was 1.7% in the black.

Today's Stocks to Watch
MidnightTrader's After-Hours Watch List: RIMM, ORCL, PALM, NKE

Here are some of the stocks moving in after-hours trading worth watching in Friday's session: RIMM: +12.8%; beats with results, guidance. ORCL, +3.2%; tops Q2 expectations, guides in line. PALM: -4%; beats with revenue, loss wider than expected. NKE: +2.9%; meets revenue expectations, beats on earnings.