Day trading during August is hard work.
Stock traders need to spend more time planning, because volume is traditionally light. This means we need to work harder to find the few nuggets worth our focus, time and money.
If you’re struggling right now get up earlier and do the homework necessary and stop blaming the calendar. Take a look at this chart of EA from yesterday.
There is money to be made trading the stock market this summer. Go earn it.
August 6 Stock Market Today: Map of the S&P 500
(click the map for a full view)
SPY is pegged at the $210 area. 20 ema and the 50 sma flat as pancake. No edge here.
(click the chart for a full view)
Stocks to Trade | Thursday August 6, 2015
- TSLA and GMCR stock price plummets after earnings last night. FIT also took a hit.
- EA trade of the day yesterday.
- Hard to believe how many stocks are giving signals on both sides of the market. Neutral is an understatement.
Charts in Focus
Keurig Green Mountain, Inc. GMCR
GMCR Chart: Quarterly earnings from Keurig ( ) sent its stock price plummeting nearly 30% in after-hours trading. It reported weak sales and plans to lay off more than 300 workers.
(click the chart for a full view)
Earnings in play today > 1M avg shares: SUNE, MYL, NVDA, APA, CNQ, KORS, EOG, RIO, MBLY, TDC, AGN, DUK, MNST, CUBE, ACAD
Bullish Ideas ATR/Volume/Price: NFLX, AMZN, GOOG, GOOGL, FIT, UA, TEVA, AMBA, AMGN, RCL, CTSH, CELG, CTRP, FB, AGN, EA, ACN, TSO, HD, NKE, MA, MA, GILD, UNH,
Bearish Ideas ATR/Volume/Price: qrvo, yelp, tasr, rrc, uri, clr, dvn, hes, cvx, utx, bidu, pxd, cat, oxy, hot nsc, mon, ibm, grub, unp
Weak Stock Weak Close: joy, mur, rrc, twtr, apa, pwr, clr, wpz, kmi, rax, oke, cbs, hot, fox
Strong Stock Weak Close: NFLX, MAS, CVC, V, HIG, TMUS, TWC, DHI
Weak Stock Strong Close: aapl, hal, kors
Strong Stock Strong Close: FIT, SABR, ATVI, BAX, HFC, EA
20 day Breakdown: dis, fox, twx, cmcsa, kmi, hlt pwr, cbs, bkln, cvx, dvn, epd, fox, hca, oke, hot
20 Day Breakout: SCTY, LBTYA, HFC, EA, HOLX, HRB, FSLR, MGM, FSLR, RAD
2x Normal Volume: aapl, dis, foxa,bax, emc, twx, cmcsa, atvi, pwr, cbs, sabr, cern, fslr, hrb, bkd, ctsh, dvn, kate, all, cnq, oke, hfc, cce
Watch List Longs: AMGN, SBUX, MO, BK, HD, CVS, TWC, PM, PNC, WFC, JPM, TJX, UNH, EBAY, JNPR, C, ADBE
Watch List Short: cop, cvx, xom, bby, all, axp, dd, lltc, ntap, dvn, nbl, cop, hes,
Inside days: aig, pypl, qcom, bkd, myl, tsm, nrg, luv, all, coh, dal, mrk, swks, tsn, adm, bmy, csx, idti, etn, etfc, ir, wdc, cah, lulu, a
GMCR Stock Price Plummets After Earnings | August 6
GMCR has traded in a slow grinding down trend for the better part of several months with no buyers insight.
The week of July 13 there appeared to be some buying stepping in. Over the following 3 weeks there were 5 days the stock price moved higher on increased volume. This appeared to be accumulation because of the slow descent. Turns out it was short-covering.
Keurig Green Mountain Inc GMCR Stock Plummets 26.7% After Missing Revenues, Weak Outlook
Keurig Green Mountain reported third-quarter results, narrowly beating earnings while missing on revenues and outlook.
Keurig Green Mountain Inc. (NASDAQ:GMCR) stock is down 26.7% in the after-market trading session following the revenue miss and weak outlook.
The company reported third-quarter fiscal year 2015 (3QFY15) financial results just after the markets closed today. It reported earnings per share (EPS) of $0.8, surpassing the consensus EPS estimate of $0.79. The reported earnings are at the higher end of management’s provided EPS guidance range of $0.75-0.8.
The company reported total quarterly revenue of $969.6 million, also missing the analysts’ revenue forecast of $1.04 billion. The reported revenue figure implies significant decline of 5% year-over-year (YoY) and sequential decline of 13.96%. In the press release, the company confirmed the authorization of $1 billion worth of stock repurchase.
Continue reading more about gmcr earnings.
Keurig Green Mountain (GMCR) Is Falling After Q3 Sales Disappoint
Keurig Green Mountain (GMCR) reported third quarter non-GAAP EPS of $0.80 after the bell Wednesday, down from $0.99 in the previous year. Net sales decreased by 5 percent from a year ago to $970 million.
The consensus estimates were for EPS of $0.79 and revenues of $1.04 billion. Fourth quarter non-GAAP EPS is expected to be between $0.70 and $0.75. Analysts are expecting EPS of $0.97.
The company also announced a multi-year productivity program, which is expected to reduce its workforce by approximately 5%.
Continue reading about gmcr earnings.
Keurig Green Mountain (GMCR) Is Today’s Post-Market Loser Stock
Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. The stock currently has a dividend yield of 1.5%. GMCR has a PE ratio of 2. Currently there are 6 analysts that rate Keurig Green Mountain a buy, 2 analysts rate it a sell, and 9 rate it a hold.
The average volume for Keurig Green Mountain has been 2.2 million shares per day over the past 30 days. Keurig Green Mountain has a market cap of $11.6 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 1.28 and a short float of 11.1% with 7.48 days to cover. Shares are down 42.1% year-to-date as of the close of trading on Tuesday
Continue reading about gmcr stock price…