Update: BBY, CC.. We still have one day in front of earnings but with the CC impressive bounce yesterday through 11 and BBY failure to take out yesterdays high, profits should be locked in from Thursday.
3:18 EST Update and Marketgems Market Commentary (LOVELY DAY) Market broke out and soared above prior consolidation levels giving us way higher highs. Among our watch list movers today virtually all of them MERQ, JBL,SLR, SANM, BBY, GS, and LEN (we added SNPS intraday and that broke out well as well!) The two pharmies we chose broke out nicely but ENDP pulled back after a breakout 18.49 through a high of 19.74, PRCS still looking good at 2% above new 52 week high.
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