It seemed that it was just yesterday we were in full earnings reporting mode.. how time flies. So, for the next several weeks I’ll once again be highlighting stocks moving on earnings each morning.
Here are today’s notable earnings movers: Note: fundamental rank in brackets does not include latest results
UP
Pharmaceutical Products Development (PPDI) Medical Laboratories & Research, fundamental rank [25/30] up 16%, so much for carving out a base.. today’s strong earnings report is sending the stock up past resistance and to a new all time high
East West Bancorp (EWC) Banks – Pacific, fundamental rank [26/30] up 8%, carving out the right side of a large base
Peabody Energy (BTU) Industrial Metals & Minerals, fundamental rank [26/30] up 7%, a strong breakout to another all time high this morning
Freeport Mcmoran (FCX) Copper, fundamental rank [23/30] up 6%, breaking out to new new all time highs from so so base.
HDFC Bank (HDB) Banks – Foreign Regional, fundamental rank [26/30] up 3%, also breaking out from base to new all time highs; some resistance at 60
DOWN
United Health Care (UNH) Health Care Plans, [25/30], down 3%, UNH just continues to get hammered; strong support at 50 though
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
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
Here are today’s notable earnings movers: Note: fundamental rank in brackets does not include latest results
Not much moving on earnings today as the earnings season winds down..
DOWN
Focus Media Holding (FMCN), Advertising Agencies, [23/30], down 5%, posted another outstanding quarter but not surprising to see some "sell the news" profit taking at these levels
Here are today’s notable earnings movers: Note: fundamental rank in brackets does not include latest results
It’s all down for today.
DOWN
LifeCell Corp (LIFC) Biotech, [27/30], down 11%, reversing sharply following yesterday’s breakout, but still maintaining support above 50 DMA
Allis-Chalmers Energy (ALY), Diversified Machinery, [24/30], down 10%, taking out support of 50DMA once again, but still has support around previous breakout point around 14.70 for now
Logility (LGTY), Application Software, [23/30], down 8%, breakout from short base with no handle failing.. not much of a surprise there. However, still has support above 50DMA
GFI Group (GFIG), Investment Brokerage, [24/30], down 5%, holding up at support of 50 day moving average and in the process of carving out a base
Here are today’s notable earnings movers: Note: fundamental rank in brackets does not include latest results
UP
Men’s Wearhouse (MW) Apparel Stores, fundamental rank [25/30] up 11%, carving out right side of long base
Aldila (ALDA) Sporting Goods, fundamental rank [26/30] up 5%, maker of golf club shafts continuing to make new all time highs after breaking out on Feb 21st
Tenaris Steel (TS) Steel & Iron, fundamental rank [27/30] up 4%, a stock mentioned here back in December before breaking out, up about 30% since and hitting another all time high today
Bancolombia (CIB) Banks – Foreign Regional, fundamental rank [25/30] up 4%, continuing its steady trend higher and showing no signs of slowing down
DOWN
Chico’s Fas (CHS) Apparel Stores, [28/30], down 12%, breakout failure, headed to next support around 40
Central European Distribution (CEDC), Wineries & Distilleries, [26/30], down 6%, holding up at support of 50 day moving average and in the process of carving out a base
Here are today’s notable earnings movers: Note: fundamental rank in brackets does not include latest results
UP
Joy Global (JOYG) Industrial Metals & Minerals, fundamental rank [28/30] up 11%, this one just keeps on chugging
Cal Dive International (CDIS) Oil/Gas Equip & Services, fundamental rank [27/30] up 8%, latest results furhter confirmation that Cal Dive is a leader in the oil industry – currently carving out a new base
Southwestern Energy (SWC) Gas Utilities, fundamental rank [26/30] up 7%, carving out new base and continuing to hold up at 200DMA
DOWN
Housevalues.com (SOLD) Internet Software & Services, [26/30], down 27%, the breakout failed long ago in this one.. just more pain today and further confirmation of a slowing housing market
Fargo Electronics (FRGO), Business Software & Services, [23/30], down 11%, takes out support of 200DMA, but strong support at 16 where its bounced from today
Pacific Sunwear (PSUN), Apparel Clothing, [24/30], down 7%, has long been an underperforming retailer.. another reason to stay away from the laggards and stick with the leaders like ZUMZ, CTRN and TRLG
Perficient (PRFT), Business Software & Services, [24/30], down 5%, holding above 50DMA and remains strong technically.. and fundamentally.
Here are today’s notable earnings movers:
Note: fundamental rank in brackets does not include latest results
UP
Dynamic Materials (BOOM) Industrial Metals & Minerals, fundamental rank [26/30] up 4%, reclaiming 50 day moving average
Ceradyne (CRDN) Industrial Equip and Components, fundamental rank [26/30] up 4%, continues its long trend higher
DOWN
Homex Development (HXM) Property Management & Development, [26/30], down 11%, still has support of 50 day moving average
Astec Industries (ASTE), Farm & Construction Machinery, [24/30], down 6%, bouncing back to reclaim 50 day moving average after dramatic sell off this morning
InnKeepers (KPA), REIT/Hotel,Motel, [23/30], down 5%, attempting to hold up at the 50 day moving average
A.S.V Inc (ASVI), Farm & Construction Machinery, [27/30], down 5%, also reclaiming 50DMA after dramatic selloff early this morning