RTI and FFH were two stocks from the earnings breakout list. Now the earnings information was available early morning itself. The study of episodic pivots helps you in to getting such moves based on probability. Both were low risk trade from early morning. The earnings season has proved to be very good and more than 25 candidates showed up which offered 20% plus returns and some offered 5 to 10 points moves in few days.
Following the earning lead breakout can give you good insight in to markets reaction to earnings.Take RTI, it had a earning acceleration some 10 quarters back. Since then in 7 out of 10 quarters it has had triple digit earnings growth and in the process gone up from around 12 to 92. Now how many stocks have those kind of triple digit earnings growth for that period of time. It has an annualised EPS growth of 341%. Similar to tracking 100% plus movers, if you track stocks making triple digit earnings growth or more, you will find some very good long term winners. It might even lead to few triple digit years for your portfolio.
Total 4% plus bullish breakouts=111
Total 4% plus bearish breakouts= 48
65 day bullish/bearish ratio= 964/187
Stocks up 50% or more in a month=19
Stocks up 25% or more in a month=154
Number of stocks with 100% plus move = 397
Number of stocks up 200% or more = 89
4% plus signals for 100plus universe=21
4% plus signals for 200plus universe=4
Stocks which had 100% move in last 260 days from the low and which are up more than 4% on higher volume. Today's minimum volume is above 100000. To understand how to trade this see my earlier post "How to find a stock which makes 1500% move in a year".
ASTI,Ascent Solar Technologies Inc (Google Yahoo Earnings Chart)
FFH,Fairfax Financial Holdings (Google Yahoo Earnings Chart)
GLBC,Global Crossing Ltd (Google Yahoo Earnings Chart)
HOTJ,House of Taylor Jewelry Inc (Google Yahoo Earnings Chart)
MSI,Movie Star Inc (Google Yahoo Earnings Chart)
RTI,Rti Internat Metal Inc (Google Yahoo Earnings Chart)
UCTT,Ultra Clean Holdings (Google Yahoo Earnings Chart)