Nokia (NOK) Breaks Out to Multi Year High; Schering Plough (SGP) & Gilead Sciences (GILD) Soar to New Heights

Today’s Earnings Movers: 

UP

  • Schering Plough (SGP) Drug Manufacturer – Major, fundamental rank [26/30],  up 8%, soaring to new multi year highs
  • Gilead Sciences (GILD) Biotech, fundamental rank [27/30],  up 5%, just continues to march to new all time highs after breaking out at the end of January
  • Nokia (NOK) Communication Equipment, fundamental rank [24/30],  up 4%, breaking out of long one year base to new multi year high

DOWN

  • Wesco International (WCC) Electronics Wholesale, fundamental rank [26/30],  down 7%, took out support of 50 and 200 day moving averages.. will spend much more time basing
  • Alliance Data Systems (ADS) Information & Delivery Service, fundamental rank [26/30],  down 5%, possible failure of base in the making
  • United Health Care (UNH) Health Care Plans, fundamental rank [23/30],  down 4%, still has support of 200 day moving average but probably not going anywhere anytime soon

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