Top Day Trader Alerts (AAPL, BP, APA, CYT, GILD, GENZ, SQNM, YHOO, VMW, EMC)

Day traders and active traders have many big movers to watch this morning.  We are seeing key moves in Apple Inc. (NASDAQ: AAPL), BP plc (NYSE: BP), Apache Corp. (NYSE: APA), Cytec Industries Inc. (NYSE: CYT), Gilead Sciences Inc. (NASDAQ: GILD), Genzyme Corp. (NASDAQ: GENZ), Sequenom Inc. (NASDAQ: SQNM), Yahoo! Inc. (NASDAQ: YHOO), VMware, Inc. (NYSE: VMW) and EMC Corp. (NYSE: EMC).  We have provided the news an additional color on each if applicable.

Apple Inc. (NASDAQ: AAPL) is trading higher after solidly beating earnings and showing high product sales.  After a $251.89 close, the stock is up 4.3% at $262.75 on over 700,000 shares.

BP plc (NYSE: BP) and Apache Corp. (NYSE: APA) are on the move after BP is selling $7 billion in assets to Apache.  BP CEO Tony Hayward is also reported to be out in ten weeks, although the company denied this.  BP is up 3.8% at $36.54 on over 500,000 shares; Apache is lower on dilution and cash advancements of $5 billion… Apache shares are down 1.1% at $87.30 on over 250,000 shares.

Cytec Industries Inc. (NYSE: CYT) is up after record earnings of $1.24 EPS vs. $0.67 from Thomson Reuters consensus and raised 2010 guidance to $3.20 to $3.50 EPS from a prior $1.90 to $2.40 EPS.  Shares are up over 11% at $47.50, but pre-market is thinner than last night’s active trading.

Gilead Sciences Inc. (NASDAQ: GILD) is down 3% on active volume and Genzyme Corp. (NASDAQ: GENZ) is indicated down over 2% after both had poor earnings.  FULL DETAILS at BHI.

Sequenom Inc. (NASDAQ: SQNM) is higher after being raised to “Buy” at Ladenberg Thalmann and after beiung started as Hold at Jefferies.  Shares are up 8% at $6.14 on almost 80,000 shares.  While this is a fraction of its former glory-days, Sequenom is at the high-end of its $2.55 to $8.65 trading range now.

Yahoo! Inc. (NASDAQ: YHOO) managed to beat earnings estimates, but revenues were light and guidance was unimpressive after Carol Bartz discussed weaker advertising trends in June.  Shares are down 6% at $14.27 on over 1.5 million shares in pre-market trading.  This has shares back within striking range of a 52-week low as the year’s range has been $13.75 to $19.12.

We have a mixed bag at the EMC-VMware duo: VMware, Inc. (NYSE: VMW) is up after earnings and after raising 2010 guidance.  Its product mix gains were the most impressive portion of the numbers.  EMC Corp. (NYSE: EMC) doubled its profit and raised its outlook, but shares were within a few percentage points of 52-week highs.  VMware is up over 4% at $75.59 on over 100,000 shares and this marks a new 52-week high as the range had been $30.00 to $74.86.  EMC shares are down almost 2% at $19.86 on over 1.3 million shares.

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JON C. OGG