Here are today’s notable earnings movers:
Note: fundamental rank in brackets does not include latest results
UP
- Ultimate Software (ULTI) Internet Software & Services, fundamental rank [24/30] up 9%, continuing to trend higher following the breakout in December
- Internet Initiative (IIJI),Industrial Equip Wholesale, [22/30] up 7%, carving out right side of long base
- TheKnot.com (KNOT) Internet Info Providers, [22/30] up 4%, breaking out to multi year high
DOWN
- Color Kinetics (CLRK), Home Furnishings, [26/30], down 11%, breakout failing; taking out 50DMA
- Quality Systems (QSII), Healthcare Info Services, [29/30], down 10%, failed base; next level of support at 200DMA around 68
- Barrett Business Service (BBSI), Staffing & Outsourcing Services, [25/30], down 10%, failed base; bouncing off support at 200DMA
- Ventana Medical Systems (VMSI), Medical Instruments & Supplies, [26/30], down 9%, falling back into long base; going nowhere fast
- Palomar Medical Tech (PMTI), Medical Appliances & Equip, [28/30], down 9%, continues its dramatic drop over the past couple weeks; potential support around 30
- Coventry Heath Care (CVH), Health Care Plans, [25/30], down 6%, sloppy price action of the past couple months continues; taking out 50DMA today
- Globecomm Systems (GCOM), Processing Systems & Products, [23/30], down 6%, failed base; took out support of 50DMA and 200DMA is threatened as well
- Arch Coal (ACI), Industrial Metals & Minerals, [23/30], down 5%, next stop: 200DMA