Wednesday, May 7, 2014

Fw: Daily Stock Newsletter

On Tuesday, May 6, 2014 12:02 PM, Jim Robinson <jim@profittrading.com> wrote:
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HOT STOCKS

FST
SFY
ISR
NLS
CKP
RDNT
CLNE

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Buyers were in short supply Tuesday but declines were minimal in the major averages as the market remained in a holding pattern.

A little more than halfway through the session, the Nasdaq and Dow Jones industrial average each fell 0.5% while the Nasdaq gave up 0.4%. NYSE and Nasdaq volume was tracking about 5%-10% higher than Monday's light levels.

In the stock market today, oil and gas producers turned in another strong performance after large-cap EOG Resources (EOG) reported solid earnings. Shares gapped up and rose 4% on news that quarterly profit rose 56% to $1.40 a share. Sales rose 22% to just over $4 billion. Industry peer Anadarko Petroleum (APC) also gapped up on solid results but like EOG, was near its session low after early strength. Shares still rose 3%.

Elsewhere, AerCap (AER) soared 4%. Earlier today, the aircraft leasing firm reported better-than-expected earnings. Rival Air Lease (AL) reports Thursday after the close.

Inside the IBD 50, Salix Pharmaceuticals (SLXP) was mostly unchanged as it works on a riskier fourth-stage base. Quarterly results are due Thursday after the close. Profit is expected to rise 44% to 91 cents a share with sales up 84% to $372.9 million.

Tesla Motors (TSLA) gave up 2% ahead of their earnings reports Wednesday after the close. It's been consolidating gains since late February and is still below its 50-day moving average as it works on a possible base.

Nu Skin (NUS), meanwhile, shed 4% after the company reported better-than-expected earnings but a sharp deceleration in first-quarter sales. The stock has not recovered much from its mid-January collapse.


Read More At Investor's Business Daily: http://news.investors.com/investing-stock-market-today/050614-699761-stocks-near-session-lows.htm#ixzz30xnc2PFt
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Disclaimer - I am not a stock, commodity, or forex trading advisor. This information is for
trading education only. There are no trading recommendations for any one
individual made on this site and this information is paper trades for trading
education. All trades are extremely risky and only risk capital should be used

when trading. All information believed to be reliable, but can not be
guaranteed.



I am an affiliate for products in this newsletter and will make a commision on anything you purchase.


U.S. Government Required Disclaimer - Commodity Futures Trading Commission

Futures and Options trading has large potential rewards, but also large
potential risk. You must be aware of the risks and be willing to accept them in
order to invest in the futures and options markets. Don't trade with money you
can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell
futures or options. No representation is being made that any account will or is
likely to achieve profits or losses similar to those discussed on this web site.


The past performance of any trading system or methodology is not necessarily
indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN
LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT

REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE
RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN
MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL
ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF

HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN





Jim Robinson
P.O. Box 9631
Cedar Rapids, Iowa 52409
usa

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