Today’s SelfInvestors Leading Stocks Moving on Earnings
UP
• Pericom Semiconductor (PSEM) Networking & Communication Dev, fundamental rank [23/30], up 29%, record volume breakout to new multi year highs
• Commvault Systems (CVLT) Application Software, fundamental rank [27/30], up 19%, approoaching breakout from first base since going public
• Iconix Brands (ICON) Apparel Clothing, fundamental rank [25/30], up 18%, reclaiming support of both 50 and 200 day moving averages
• Mastercard (MA) Business & Management Services, fundamental rank [27/30], up 17%, broke out of great looking cup with handle base to new all time highs
• China Petroleum (SNP) Oil & Gas – Independent, fundamental rank [24/30], up 9%, continues to march higher following September breakout
• Partner Communications (PTNR) Telecom Services – Foreign, fundamental rank [24/30], up 7%, breaking out to all time highs today
• Chicago Bridge & Iron (CBI) General Contractors, fundamental rank [24/30], up 6%, adding to recent breakout and trading at all time highs
• Transocean (RIG) Oil & Gas Drilling & Exploration, fundamental rank [28/30], up 4%, recently broke out of base now trying to break through to all time highs
DOWN
• Faro Technologies (FARO) Scientific & Technical Instruments, fundamental rank [24/30], down 20%, that’s one ugly chart.. one bright spot – it did bounce signifcantly off morning lows
• Buffalo Wild Wings (BWLD) Restaurants, fundamental rank [25/30], down 19%, reversed off this mornings lows and trying to hold at support around 30
• Huron Consulting (HURN) Business & Management Services, fundamental rank [26/30], down 18%, strong support around 60 where it reversed from this morning
• ClickSoftware Technologies (CKSW) Internet Software & Services, fundamental rank [24/30], down 12%, holding at the 50 day moving average for now; chart still looking quite bullish
• Stratasys (SSYS) Computer Peripherals, fundamental rank [25/30], down 12%, big reversal off this morning’s lows but still below 50 day moving average
• Commscope (CTV) Communication Equip, fundamental rank [24/30], down 9%, stick a fork in it, taking out all support levels .. nice looking short
• Garmin (GRMN) Scientific & Technical Instruments, fundamental rank [28/30], down 7%, lots of sell volume but holding at 50 day moving average for now
Way to go MasterCard!! With an increase in sales in emerging markets and the way the US economy is going I can’t wait to see what the Directors ( http://www.newsvisual.com/newsvisual/2007/10/mastercard-post.html ) serve up for next quarter.