TradingMarkets 7 Stocks You Need to Know for Thursday: TWC, SAM, SHLD, DISCA, PBI, EP, GRMN
^F^ and ^TAP^ were among the better performing stocks on Wednesday. Up three days in a row and closing in on its 200-day moving average were shares of ^CSCO^.
Among the stocks reporting earnings on Thursday are ^KFT^, down two out of the past three trading days, and ^DTV^. DTV continues to trade in overbought territory above the 200-day.
Here are 7 Stocks You Need to Know for Thursday.
Up two days in a row ahead of its scheduled quarterly earnings announcement on Thursday were shares of ^TWC^.
Pulling back on Wednesday after closing higher for four days in a row above the 200-day was ^SAM^ (below).
Boston Beer Company is scheduled to report quarterly earnings Thursday after the market close.
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Down three out of the past five trading days were shares of ^SHLD^, which lost more than 1% on Wednesday.
Shares of ^DISCA^ pulled back by well over 4% on Wednesday, closing at its most oversold levels since late June (below).
DISCA closed down for a third trading day out of the past four. The pullback returns the stock to the low end of a trading range that had characterized the stock’s movement since mid-September.
Closing higher for a fifth straight trading day and crossing back above its 200-day moving average on Wednesday were shares of ^PBI^. The stock was up more than 3%.
Pulling back by more than 3% on Wednesday were shares of ^EP^ (below).
The pullback in EP brought the stock to its lowest level in a week. The stock had traded higher for five straight days before Wednesday’s sell-off.
Sellers remained on the offensive in ^GRMN^, dragging the stock below its 200-day moving average on Wednesday. GRMN ended the day off more than 5%.
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David Penn is Editor-in-Chief at TradingMarkets.com.