The Stock List: AMZN Sells-Off as Traders Take Profits; Oracle Up Afterhours

Sellers remained on the offensive in the energy patch, sending shares of stocks like ^HAL^ and ^NOV^ lower for a third day in a row. Traders were also trimming gains in technology, with semiconductor stocks like ^XLNX^ retreating by more than 4%.

Gold reversed back to the upside, with ^GLD^ adding more than 1%. Bullion gains were reflected in strong performances from gold stocks like ^NEM^ and ^GG^, up more than 5% and 4%, respectively.

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Here are 7 Stocks You Need to Know for Wednesday

Credit card companies were among those whose stock was rallying to new highs ahead of trading on Wednesday. Shares of ^V^ gained more than 3% while ^MA^ rallied by more than 1%. Both stocks are trading above their 200-day moving averages.

Reporting quarterly earnings after the bell on Tuesday was ^ORCL^. Down more than 2% and closing lower for a second day in Tuesday’s session, ORCL reported quarterly earnings and revenues that were in-line with analyst expectations.

Shares of ORCL were higher in afterhours trading immediately after the announcement.

Down by more than 6% and oversold above the 200-day moving average is agricultural chemical company ^CF^.

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Among the best performing stocks of the Nasdaq 100 are biotech firms such as ^VRTX^ and ^GILD^. The stocks were up more than 3% and 1% respectively ahead of trading on Wednesday and are trading above the 200-day moving average.

A top in ^AMZN^? After opening near what would turn out to be session highs, traders spent the balance of Tuesday taking profits in AMZN shares. The stock, which had closed higher for six days in a row, pulled back by more than 3% ahead of trading on Wednesday.

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David Penn is Editor in Chief of TradingMarkets.com