Wednesday, February 18, 2015

Feb 18 Wednesday Morning Notes

Here's what I'm watching this AM: ACT, ANGI, FOSL, YNDX

Commentary from the WSJ, my notes below:

"Actavis, whose results in the most recent quarter easily topped analysts’ expectations, raised its outlook for 2015 to a range of $16.30 to $17.30 a share."

Mkt Cap: $76.3b
Short Interest: 8% 
Pre-mkt hi/lo/volume: traded at a high of 295 and a low of 289.25. Traded between 290 and 292 on 75k shares trading. 
Technicals of note: trading above its recent 52wk high of 288.80 at 289. 

From Marketwatch, my notes below:
Angie’s List Inc. ANGI, +39.26% posted quarterly profit and revenue that topped Wall Street’s expectations.
Mkt Cap: $285m
Short interest: 19.2%
Pre-mkt hi/lo/volume:  Currently trading at 6.58 after closing at 4.89. It hit a high of 6.88 and traded at a low of around 6 in the pre on 693k shares traded
Technicals of note: Trading $2 above its 52wk low. 50DSMA is 5.63, 200DSMA is 7.95.

Fossil Group Inc. FOSL, -14.74%  dropped after the company late Tuesday reported adjusted fourth-quarter earnings that missed expectations, along with revenue that disappointed. 
Mkt Cap: $5b
Short Interest: 11.72%, increased 8.1% from last report.
Pre-mkt hi/lo/volume: Traded at a high of 89.50 and a low of 84.11. Was trading between 85.50 and 86. 385k shares traded in pre-mkt.
Technicals of note: Trading 8.3% below its 52wk low of 91.84 at 84.20. Hasn't traded this low since December of 2012.

Yandex N.V. YNDX, +7.93%  reported a jump in quarterly profit and said it has reported U.S. rival Google Inc. GOOGL, +0.18% GOOG, -0.25%  to Russian authorities for alleged antitrust practices.
Mkt Cap: $5.3b
Short Interest: 1.47%
Pre-mkt hi/lo/volume: 325k shares trading in pre-mkt. Closed at 16.65, low was around 17.20 and the high was 18.50. Currently trading around 18
Technicals of note: 200DSMA: 26.58; 50dsma: 17.48; 20dema: 16.43. 52wk high: 41.35; 52wk low: 14.14
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Ex Post Facto Notes 11am:

ANGI - I have no idea why I even bothered with this, I had no intention of trading the common and the only feb opex strikes offered were 5 and 7.5

ACT and FOSL both presented non-directional opportunities on the open.

I completely missed RAX as that also presented a non-directional opportunity.

VIPS continued to rip higher from yesterday's earnings pop.

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