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Trading Ideas That Paid - MDCO

Stocks extended recent losses Thursday after Fitch downgraded Greece’s long-term rating to CCC from B-.  Despite the overall weakness, shares of Medicines Co (MDCO) attracted strong buying support, advanced 1.09% on above the daily average volume to 21.33.  This is bullish from a technical perspective.  In fact, as the chart below indicated, MDCO could climb …[read more]

Trading Ideas That Paid - BMRN

Stocks sold off sharply Monday amid worries over Greece’s potential exit from the euro zone and fears over a slowdown in China.  Despite the overall weakness, shares of Biomarin Pharmaceutical Inc. (BMRN) advanced 1.34% on strong volume to 38.15 – a whisker below the 52-week high of 38.95 set in early February 2012.  This is …[read more]

Trading Ideas That Paid - BBBY

A surprise 0.2% decline in overall producer prices during April sent stocks higher Friday morning that saw the S&P traded as high as 1366 before sellers stepped in and pushed prices lower.  Despite the overall weakness, shares of Bed Bath & Beyond Inc. (BBBY) jumped more than 4% on strong volume to 71.55 after the …[read more]

Trading Ideas That Paid - AMZN

A better-than-expected weekly jobless claims report before the bell sent stocks higher in early Thursday trading session.  The market however, gave back most of the early gains during the last hour amid weakness in the large-cap tech stocks and ongoing concerns about political instability in Greece and the Eurozone’s murky future. Speaking of tech stocks, …[read more]

Trading Ideas That Paid - MHO

For the second straight session, concerns about the implications of political uncertainty in Greece drove the major indices down in excess of 1% in early Wednesday trading session but stocks managed stabilize shortly after market open and closed off the intraday low. Despite the overall weakness, shares of M/I Homes Inc. (MHO) printed a new …[read more]

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