TradingMarkets 7 Stocks You Need to Know for Friday: SBUX, GMCR, BTU, MEE, WYNN, NFLX, S

Sellers continue to dominate the market for energy shares, with a number of stocks like ^NOV^ down for multiple days in a row. Financial shares, which have been spared much of the selling in the second half of the week, have begun to attract sellers as well. Down more than 2% on the day were both ^C^ and ^BAC^.

Big gainers on the day include both Starbucks and Sprint, both noted below, as well as ^MCD^, the only stock in the Dow industrials to close higher heading into Friday’s session.

Here are 7 Stocks You Need to Know for Friday.

Both ^SBUX^ and ^GMCR^ soared higher in trading on Thursday with SBUX up nearly 10% and GMCR gaining more than 40%. The stocks gained on news that Green Mountain Coffee Roaster would begin selling Starbucks coffee in its single-brewing system.

Is a selling climax in energy shares near? Sellers continued to unload oil and gas stocks at an aggressive pace on Thursday, making a fourth lower close in stocks like ^BTU^ and ^MEE^ (below).

MEE chart

Shares of both MEE and BTU closed lower by well over 5%. Both stocks are now well in oversold territory above the 200-day moving average.

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Down nearly 4% ahead of trading on Friday were shares of ^WYNN^ (below).

WYNN chart

WYNN had closed higher for two days in a row before Thursday’s sharp pullback. Any significant follow-through to the downside will likely find the stock in oversold territory above the 200-day moving average heading into the weekend.

After three consecutive lower closes, the last in oversold territory, shares of ^NFLX^ rallied by more than 3% in trading on Thursday.

NFLX chart

Shares of NFLX rallied above their 5-day moving average on an intraday basis, but failed to close above that level, finishing the day in neutral territory.

Buyers continue to pour into shares of ^S^, which was one of the best performing stocks in the S&P 500 in Thursday’s session. Shares of Sprint have closed higher for seven days in a row, the past four in overbought territory above the 200-day moving average.

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David Penn is Editor in Chief of TradingMarkets.com