1. What are the two key mistakes beginners make in reading trends?  2. Which “key” chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
Answer these questions and many more with your FREE 10 day trading course

Today’s Earnings Movers

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 0

Here are today’s notable earnings movers (once again it’s mostly down):
Note: fundamental rank in brackets does not include latest results

UP

  • A.M. Castle (CAS) Basic Materials Wholesale, fundamental rank [26/30] up 8%, not going anywhere, in the process of carving out what will probably be a lengthy base
  • Ventiv Health (VTIV) Business/Management Services, fundamental rank [25/30] up 6%, continuing to tack on gains after breaking out a couple of weeks ago

DOWN

  • A.D.A.M Inc (ADAM) Internet Info Providers, [24/30], down 23%, another example of why it’s almost always a good idea to avoid holding these small growth companies through earnings

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You may like to check out a new post over at my new ETF portal site.  It takes a look at the PowerShares Clean Energy Portfolio ETF (PBW). 

More on this topic (What's this?)
Manipulating earnings
CHART OF THE DAY: THE HUGE EARNINGS REBOUND
EARNINGS CONTINUE TO OUTPERFORM
An Inside Look at Earnings Season
Read more on Net Income, A.D.A.M. at Wikinvest

Filed under Company Earnings by Tate Dwinnell

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1. What are the two key mistakes beginners make in reading trends?  2. Which “key” chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
Answer these questions and many more with your FREE 10 day trading course

Today’s Earnings Movers

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 0

Here are today’s notable earnings movers (once again it’s mostly down):
Note: fundamental rank in brackets does not include latest results

UP

  • Coldwater Creek (CWTR) Apparel Stores, fundamental rank [27/30] up 17%, I have Coldwater ranked as one of the top retailers around and after today’s report doesn’t look like its slowing down any – nice gap up breakout to a new all time high
  • HI- Tech Pharma (HITK) Drugs – Generic, fundamental rank [24/30] up 9%, making a move to carve out the right side of a base?

DOWN

  • eDiets.com (DIET) Internet Info Providers, [22/30], down 26%, hope nobody was holding this one through earnings.. it had been carving out a nice base but you can put a fork in this one for awhile
  • Wind River Systems (WIND), Business Software & Services, [24/30], down 21%, this too is done.. all levels of support taken out
  • Bentley Pharma (BNT), Drug Delivery, [24/30], down 13%, still has support of the 200 DMA
  • Casey’s General Stores (CASY), Grocery Stores, [23/30], down 10%, bouncing off the 200 DMA
  • Middleby Corp (MIDD), Diversified Machinery, [25/30], down 8%, after trending higher along the 50DMA for many months it looks like its the end of the road for Middleby
  • Meadow Valley Corp (MVCO), Heavy Construction, [22/30], down 7%, still holding above the 50DMA and has bounced from there.. continues to look OK technically
More on this topic (What's this?)
Manipulating earnings
CHART OF THE DAY: THE HUGE EARNINGS REBOUND
EARNINGS CONTINUE TO OUTPERFORM
An Inside Look at Earnings Season
Read more on Net Income, A.D.A.M. at Wikinvest

Filed under Company Earnings by Tate Dwinnell

Permalink Print