LULU Earnings Report | COST | Stocks to Trade 12-9-15

The stock market continues to offer pockets of opportunity, but you must be prepared and must be at your seat 9:30-4.

The allure of day trading the morning lost it’s shine this year. It doesn’t mean it won’t come back, but the job requires full attention and a level of detail that requires you to be a pro right out of the gate.

Be ready, be patient, or don’t log into your account.

Stock Market Today: Map of the S&P 500

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LULU Earnings Report

Day Trading Game Plan: The SPY ETF Outlook

The $SPY is stuck from a swing trade perspective. Fitting, it has been most of the year. I am still in day trading mode.

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LULU Earnings Report

Pete’s Notes:

  • Very tough day to find great ideas.

MOS the Mosaic Company

Agricultural stocks taking a beating this year. MOS has $5 room-to-go to the 2009 support.

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LULU Earnings Report

 

LULU Earnings Report

LULU Earnings Report | COST | Stocks to Trade 12-9-15

Relative weakness yesterday compared to the SPY positive¬†change from the open: nothing to post here—neutral from the open…

> 20sma | positive week | closed 2% higher from the open: BXLT, CRUS, CTXS, DG, NFLX, TSN

<20sma, negative last 5 days and closed 2% lower from the open: AER, CAR, IR, LUV, MOS, VIAB

Bullish Ideas ATR/Volume/Price: LRCX, DLTR, AMZN, ADSK, GOOGL, EL, NKE, HD, QUNR, CTRP, BABA, TEVA, AVGO,

Bearish Ideas ATR/Volume/Price: qcom, viab, car, xpo, wynn, uri, apc, lyb, dvn, xom, cf, cat, unp, oxy, cmi, tgt, cvx, oke, mbly, rrc, abbv, lng, wmb, hca, apa,

Weak Stock Weak Close: bwa, car, csx, ir, mos, qcom, xpo

Strong Stock Weak Close:

Weak Stock Strong Close: twtr, wmb, epd, paa, etp, feye, clr, wpz, rrc, apa, nbl, gme,

Strong Stock Strong Close: BXLT, LVLT, TSN, NVDA, NFLX, KLAC ATVI, AMZN, CTRP

20 day Breakdown: apc, dvn, luv, lyb, mos, nov, xom

20 Day Breakout: COST, LRCX, TSN

2x Normal Volume: KMI, TOL, NWL, JAH, PAA, LUV, DVN, OKE, WPZ, EPD, ETP, TSN, NSC

Watch List Longs: HD, BMY, MCD, KO, PM, JNJ, SBUX, BRCM, LOW, KLAC, INTC, MSFT,

Watch List Short: adm, cop, xom, slb, hal, cvx, axp, tgt, met, m, lvs, akam, qcom

Inside days: myl, mdt, wfm, vlo, tmus, cbs, dd, avgo, kors, rlyp, qunr

Yogawear retailer Lululemon’s quarterly profit falls 12 pct

Canadian yogawear retailer Lululemon Athletica Inc (LULU.O) reported a 12 percent fall in third-quarter profit as costs soared.

Gross profit as a percent of net revenue fell to 46.9 percent in the three months ended Nov. 1 from 50.3 percent a year earlier.

Selling, general and administrative expenses rose 20.5 percent to $156.6 million, while cost of goods sold rose 22.4 percent to $254.9 million.

The company’s net income fell to $53.2 million, or 38 cents per share from $60.5 million, or 42 cents per share, a year earlier. However, revenue rose 14.4 percent to $479.7 million.

Lululemon cut the upper end of full-year revenue estimate to $2.03 billion-$2.04 billion from $2.03 billion-$2.06 billion.

Continue reading on reuters.com

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