Thursday, July 28, 2011

Weird

The market seemed to give up this afternoon, yet all of my stock positions were up. AEA, BABY (shown because it appears frequently in reversal alerts, not because I like it), WIRE, WLL and GTLS got punished today. SKX had a great day. DNS -62, +1, -4.

Trades:

EFII hit the 6% trailing stop, +3.4%.

Reversal alerts: (34).

TAL has accelerating YoY quarterly sales growth (+56% MRQ) and triple-digit YoY quarterly earnings growth for the last three, and next two projected quarters. The P/E is falling from 11 to 7.8.  It bounced off of what might be support at $29.50 for 4.8% gain today. Update: they beat earnings and raised the quarterly dividend (around 7% yield).

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