Earnings Movers – Top Chinese Play Baidu.com (BIDU) & 9Limited (NCTY) Sell Off; Strayer Education (STRA) & Navigators (NAVG) Break Out

UP

  • Guess? (GES) Apparel Clothing, fundamental rank [24/30],  up 12%, continues its remarkable run – now more than doubled since September ’06
  • The Navigators Group (NAVG) Insurance – Property & Casualty, fundamental rank [24/30],  up 9%, breaking out of long base, but relative strength not good
  • Terex Corp (TEX) Farm & Construction Machinery, fundamental rank [24/30],  up 8%, bouncing off 50dma and may be carving out a short base in the process
  • aQuantive (AQNT) Internet Service Providers, fundamental rank [26/30],  up 7%, carving out right side of long base
  • Portfolio Recovery Associates (PRAA) Business & Management Services, fundamental rank [27/30],  up 7%,  carving out right side of large base
  • Ness Technologies (NSTC) Information Technology Service, fundamental rank [26/30],  up 7%,  today’s action most likely marks a bottom in recent correction – bouncing off 200dma
  • Strayer Education (STRA) Education & Training Services, fundamental rank [26/30],  up 6%,  relative strenght could be better, but a beauty of a break out
  • Kadant (KAI) Pollution & Treatment Controls, fundamental rank [21/30],  up 5%,  handle has formed and on the verge of break out
  • Network Appliance (NTAP) Data Storage Devices, fundamental rank [26/30],  up 4%,  carving out right side of nice looking base

DOWN

  • Baidu.com (BIDU) Internet Info Providers, fundamental rank [29/30],  down 11%, fundamentally one of the highest ranked stocks headed for the 200dma.. may be interesting play there for the long haul
  • Techwell (TWLL) Electronic Equip, fundamental rank [27/30],  down 11%, continued break down of once promising base – today’s earnings may have been telegraphed with the big drop a few days ago
  • Baker Hughes (BHI) Oil & Gas Equipment & Services, fundamental rank [28/30],  down 9%, took out 2 key levels of support today .. this stock isn’t going anywhere anytime soon
  • The9 Limited (NCTY) Garming Activities, fundamental rank [27/30],  up 7%,  big market winner may offer second chance buy opp soon if it tests 50 dma

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