Top alert for 2014: MYGN (50%), LIVE (45%), CTIC (115%), KOOL (88%), PZG (32%), GOLD (6%), IOC (6%), RSOL(18%), PLUG (70%), IMMU (26%)

Monday, August 25, 2014

Premarket Trading Ideas for Aug 26th: ADEP, DGLY, JRJC, CISG, BNS, BMO, BBY, DSW, SAFM, TSL, RGS, MOV, DAKT, TAOM

Chart of the day:
DGLY Chart Set Up:

WUBA Chart Set Up:
WUBA Swing Trade Set Up
KITE Chart Set Up:
KITE Chart Set Up
News that matter:
Comtech Telecom confirms it is exploring strategic alternatives 

Kite Pharma announces patients with aggressive non-Hodgkin's lymphoma experience positive results after receiving anti-CD19 chimeric antigen receptor T Cells; 12 out of 13 evaluable patients had complete remissions or partial remissions (KITE)

Premier beats by $0.01, beats on revs (PINC)

CNinsure reports Q2 EPS 18c, one estimate 10c Reports Q2 revenue RMB 508.9M vs. RMB 421.3M last year. CISG

Renren reports Q2 EPS 9c, consensus (7c) RENN

Economic Calendar:

  • US Durable Goods Orders: Tuesday, 12:30. Orders for long-lasting U.S. manufactured goods edged up more than expected in June rising 0.7% amid a rise in demand from transportation to machinery and computers and electronic products. The reading was well above predictions of a 0.4% rise following May’s 0.9% decline, suggesting a growth trend in the economy at the end of the second quarter. Meanwhile Core orders picked up 0.8% after a flat reading in May, while expected to gain 0.6%. Orders for durable goods are expected to pick-up 7.4% in July, while Core orders are predicted to gain 0.5%.

  • US CB Consumer Confidence: Tuesday, 14:00. US consumer confidence rose in July to a nearly seven-year high, reaching 90.9, the highest since October 2007. This increase was higher than the 85.5 anticipated by analysts and followed 86.4 points posted in July. The labor market growth trend had a positive effect on consumer spending and equity markets remain strong. Nevertheless, the Federal Reserve policy makers are forecast to keep interest rates low well into 2015 even as they stop monetary stimulus. Consumer confidence is expected to reach 89.1 this time.

Premarket Earning Preview:
Bank of Nova Scotia ( BNS ) is reporting for the quarter ending July 31, 2014. The bank (foreign) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.29. This value represents a 2.27% decrease compared to the same quarter last year. BNS missed the consensus earnings per share in the 4th calendar quarter of 2013 by -2.38%. 


Bank Of Montreal ( BMO ) is reporting for the quarter ending July 31, 2014. The bank (foreign) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.51. This value represents a 5.63% decrease compared to the same quarter last year. In the past year BMO has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 8.7%. The "days to cover" for this stock exceeds 21 days. 



Best Buy Co., Inc. ( BBY ) is reporting for the quarter ending July 31, 2014. The retail company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.31. This value represents a 3.13% decrease compared to the same quarter last year. In the past year BBY has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 73.68%. 



DSW Inc. ( DSW ) is reporting for the quarter ending July 31, 2014. The retail (shoe) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.30. This value represents a 38.78% decrease compared to the same quarter last year. DSW missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -12.5%. 



Sanderson Farms, Inc. ( SAFM ) is reporting for the quarter ending July 31, 2014. The meat product company's consensus earnings per share forecast from the 3 analysts that follow the stock is $3.86. This value represents a 30.85% increase compared to the same quarter last year. SAFM missed the consensus earnings per share in the 4th calendar quarter of 2013 by -15.81%. The "days to cover" for this stock exceeds 11 days. 



Trina Solar Limited ( TSL ) is reporting for the quarter ending June 30, 2014. The solar company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.14. This value represents a 129.17% increase compared to the same quarter last year. In the past year TSL has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3700%. 



Regis Corporation ( RGS ) is reporting for the quarter ending June 30, 2014. The retail company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.03. This value represents a 50.00% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 12 days. 

Movado Group Inc. ( MOV ) is reporting for the quarter ending July 31, 2014. The jewelry retail company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.55. This value represents a 25.00% increase compared to the same quarter last year. MOV missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -21.87%. 



Daktronics, Inc. ( DAKT ) is reporting for the quarter ending July 31, 2014. The electrical instrument company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.20. This value represents a 53.85% increase compared to the same quarter last year. The last two quarters DAKT had negative earnings surprises; the latest report they missed by -50%. 



Taomee Holdings Limited ( TAOM ) is reporting for the quarter ending June 30, 2014. The internet content company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.04. This value represents a 233.33% decrease compared to the same quarter last year. TAOM missed the consensus earnings per share in the 1st calendar quarter of 2014 by -75%.



After Hours Movers

Top Gaining Stocks

Price%Change
SCOKSinocoking Coal an...3.129.09%
CISGCninsure Inc.7.476.87%
SAGESage Therapeutics ...31.056.44%
ZUzulily inc35.035.26%
HRTArrhythmia Researc...7.245.08%
DGLYDigital Ally Inc. ...13.124.96%

Top Losing Stocks

Price%Change
ADEPAdept Technology I...8.80-20.93%
XUEXueda Education Gr...4.24-8.42%
WRESWarren Resources I...6.32-4.97%
NTICNorthern Technolog...18.64-4.95%
CONNConn\'s Inc.43.69-4.77%
MOVMovado Group Inc. ...42.00-4.63%
DYAXDyax Corp.9.47-4.40%
OMEROmeros Corporation...12.83-3.82%
EXASExact Sciences Cor...20.25-3.75%

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