With earnings season ramping up I’ll begin highlighting leading stocks moving both up and down following their earnings reports. 

UP

• PetMed Express (PETS) Specialty Retail, fundamental rank [25/30],  up 6%, still carving out handle of a large base but appears ready to make a break out move any day now

DOWN

• Astec Industries (ASTE) Farm & Construction Machinery, fundamental rank [25/30],  down 22%, taking out all levels of support today with record volume

• Schering Plough (SGP) Drug Manufacturers – Major, fundamental rank [26/30],  down 13%, took out support of 50 and 200 day moving averages but still has support of an upward trend line