TradingMarkets 7 Stocks You Need to Know for Friday (AXP, HAL, MA, V, GRMN, CMCSA, FDML)
Among the big gainers on Thursday were ^EK^ up more than 16% and ^LVS^ closing higher by well over 9%.
Of those stocks pulling back ahead of trading on Friday, ^MMM^ and ^HOT^ are two that continue to trade above their 200-day moving averages.
Scheduled to report quarterly earnings on Friday are ^MRK^, ^NDAQ^ and ^SNE^.
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Here are 7 Stocks You Need to Know for Friday.
Closing higher for a fourth day in a row and crossing back above its 200-day moving average on Thursday were shares of ^AXP^.
^HAL^ (below) pulled back by more than 14% intraday on Thursday before rallying to finish the day off over 7%.
The stock closed at its lowest and most oversold level since breaking out above the 200-day moving average in early September.
Also pulling back sharply ahead of the final trading day of the week were shares of ^MA^, which closed lower by more than 2% on Thursday. Shares of ^V^ were under even more pressure, closing down well over 4% and back below the stock’s 200-day moving average.
Shares of ^GRMN^ (below) have closed lower for a second day, pulling back by more than 2% on Thursday.
GRMN made its highest close since the first half of June on Tuesday, a rally that brought the stock above its 200-day moving average on a closing basis since June.
Up 3% on Thursday and increasingly overbought above the 200-day moving average are shares of ^CMCSA^. The stock has closed higher for 10 out of the past 12 trading days.
Pulling back into oversold territory above the 200-day moving average, ^FDML^ slid by more than 11% on Thursday.
The pullback in FDML represents the stock’s most oversold close since the end of June.
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David Penn is Editor-in-Chief at TradingMarkets.com.