^SBUX^ was one of the better performing stocks in the Nasdaq 100 at the end of the week, adding more than 3% on Friday alone. Banks were on the rebound, with ^WFC^ up more than 6% and closing above its 200-day moving average for the first time since early June, and ^USB^ closing above its 200-day for a second consecutive session, up more than 3% on Friday.
Among the stocks experiencing significant profit-taking going into the weekend are ^KFT^ and ^HAL^, both pulling back more than 2%, and Whole Foods Market ^WFMI^, more than 3% above the 200-day moving average.
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Reporting quarterly earnings on Monday is ^PCLN^. Shares of PCLN were up more than 2%, closing higher for a second consecutive session above the 200-day.
Pulling back by more than 2% above the 200-day moving average on Friday were shares of AOL Inc. ^AOL^ (below).
AOL has closed lower for four out of the past five trading days heading into trading on Monday.
Also pulling back sharply above the 200-day on Friday was ^ATVI^. The stock pulled back by well over 2% on the day.
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Down by more than 2% intraday on Friday were shares of ^DELL^ (below) before rallying to trim losses into the close
Dell has been trading side to side for the past few weeks, after rallying back above its 200-day moving average in mid-October.
Selling in biotechnology stocks continues as both ^AMGN^ and ^GILD^ pulled back on Friday. Both biotechs were off more than 1% and now trade below their 200-day moving averages.
Pulling back by more than 2% on Friday were shares of ^MXIM^ (below).
Due to the stock’s recent run-up, the pullback on Friday still left the stock in relatively neutral territory. Significantly more selling will be required in order to bring the stock to oversold levels.
Shares of ^ATML^ soared by nearly 15% on Friday, closing higher for a third consecutive trading day after a two-day pullback.
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David Penn is Editor-in-Chief at TradingMarkets.com.