TradingMarkets’ 7 Stocks You Need To Know About Thursday
Stocks were range bound on
Wednesday, closing mixed after oil prices rose above $66.
Crude jumped after oil inventories fell more than
expected, by 2.4 million barrels. Gasoline inventories were better than expected
at 4.4 million barrels; the expectation was for a gain of 2.7 million barrels.
After the close, Research in Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating)
beat on revenues and guided Q4 higher. The stock traded lower after hours.
Red Hat
(
RHAT |
Quote |
Chart |
News |
PowerRating) beat by 0.02.
Kodak
(
EK |
Quote |
Chart |
News |
PowerRating) said that operating earnings in
its digital business won’t meet previous projections. Digital revenues, however,
should come in higher than the 36% target, the company said.
Â
Genentech
(
DNA |
Quote |
Chart |
News |
PowerRating) bounced nicely
Wednesday after being mentioned yesterday. I’ll refer you to TradingMarkets
Rule 8: Learn how to
properly use RSI. It may be the best indicator available to traders.
Research in Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating) missed by a
penny on a GAAP basis. The stock traded lower after hours.
Family Dollar
(
FDO |
Quote |
Chart |
News |
PowerRating) is expected to report 0.17 before the open.
Look for PepsiÂ
(
PEP |
Quote |
Chart |
News |
PowerRating) to report
0.73 before the open.
Micron
(
MU |
Quote |
Chart |
News |
PowerRating)
reports after the bell on Thursday. Look for (-0.09). The stock is trading at
the bottom of a channel on this weekly chart.
A director at Jacuzzi
(
JJZ |
Quote |
Chart |
News |
PowerRating) bought
50,000 shares between $7.31 – $7.34. Is that a clue?
Amgen
(
AMGN |
Quote |
Chart |
News |
PowerRating) is looking very oversold
here.
Brice Wightman