Each day we write a few articles covering stocks making key technical developments.

FireEye (FEYE) hit another all time high today after coming out of its recent period of consolidation.

by DAN Articles

FireEye Inc ($FEYE) hit a new 52 week high today. FEYE is at $52.80, and has traded in a range from $24.81 to $52.48 over the past 52 weeks. Volume was last at 3,592,240 with a 50 day average of 6,076,130.

52 Week Range $24.81-$52.48
Market Cap 8,233,901,995
Average Volume 6,076,130
Dividend Yield 0.00%
Institutional Ownership 50.80%
Insider Ownership: 6.60%
Percentage of Float Short 9.70%
Beta -0.98

FireEye Inc is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

FireEye Inc FireEye Inc provides cybersecurity solution for detecting, preventing and resolving cyber-attacks that evade legacy signature-based security products. Its solutions include traditional and next-generation firewalls, IPS, anti-virus, and gateways.

Some stocks hitting fresh 52 week highs

by DAN Articles

Atmel Corp. ($ATML) is hitting a new 52 week high today. Over the past 52 weeks ATML has traded from a low of $6.32 to a high of $10.10. ATML was last at $9.81 on a volume of 16,330,800. Average daily volume has been at 5,428,668.

52 Week Range $6.32-$10.10
Market Cap 4,098,613,168
Average Volume 5,428,668
Dividend Yield 1.64%
Institutional Ownership 83.80%
Insider Ownership: 14.10%
Percentage of Float Short 1.90%
Beta 2.07

Atmel Corp. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Atmel Corp designs and manufactures microcontrollers, capacitive touch solutions, logic, mixed-signal, nonvolatile memory, radio frequency (RF) components and application specific integrated circuits.

Momentum in favor of Regions Financial Corp.

by DAN Articles

Regions Financial Corp. ($RF) is resolving it’s latest consolidation to the updside. Regions Financial Corp. is up 1.29% at $10.57 on a volume of 13,786,400 shares today.

52 Week Range $8.59-$10.96
Market Cap 14,160,853,227
Average Volume 16,358,449
Dividend Yield 2.30%
Institutional Ownership 77.00%
Insider Ownership: 1.00%
Percentage of Float Short 1.10%
Beta 2.10

Regions Financial Corp. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Regions Financial Corp. Regions Financial Corp provides traditional commercial, retail and mortgage banking services, & other financial services in the fields of asset management, wealth management, securities brokerage, insurance, trust services, and other specialty financing.

Morning Market Update

Morning Market Update

by DAN Articles

Discussed in this article:


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Stocks at fresh highs

by Bridget Articles

D.R. Horton Inc. ($DHI) hit a new 52 week high today. It recently popped out of recent consolidation between $26 – $28. This is an uptrending stock with a good dividend and could be a good long term investment.

DHI is at $28.51, and has traded in a range from $19.29 to $28.23 over the past 52 weeks. Volume was last at 1,867,940 with a 50 day average of 5,497,302.

52 Week Range $19.29-$28.23
Market Cap 10,406,800,000
Average Volume 5,497,300
Dividend Yield 0.89%
Institutional Ownership 86.40%
Insider Ownership: 7.80%
Percentage of Float Short 3.40%
Beta 1.71

D.R. Horton Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

D.R. Horton Inc. DR Horton Inc constructs and sells homes through its operating divisions in states and metropolitan markets of the United States, under the names of D.R. Horton, America’s Builder, Emerald Homes, Breland Homes, Express Homes and Regent Homes.

Stocks at fresh highs

by Bridget Articles

JetBlue Airways Corporation ($JBLU) hit a new 52 week high today. JBLU is at $19.46, and has traded in a range from $7.61 to $19.59 over the past 52 weeks. Volume was last at 2,186,040 with a 50 day average of 7,563,780.

Dan mentioned in his Market Overview this weekend that the Dow Transports look ready to break higher after recent consolidation. $JBLU could be a good buy if you want to play this move.

52 Week Range $7.61-$19.59
Market Cap 6,039,933,848
Average Volume 7,563,780
Dividend Yield 0.00%
Institutional Ownership 98.50%
Insider Ownership: 0.70%
Percentage of Float Short 15.40%
Beta 0.76

JetBlue Airways Corporation is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

JetBlue Airways Corporation JetBlue Airways Corp is passenger airline company. The Company provides passenger airline services in the United States. Its services include Partner airlines, Getaways, Corporate, Cargo, Travel agents, Special assistance and Travel Insurance.

Momentum in favor of Pfizer Inc.

by Bridget Articles

Pfizer Inc. ($PFE) is resolving it’s latest consolidation to the updside. Pfizer Inc. is up 2.57% at $35.24 on a volume of 17,788,000 shares today. While most of the healthcare sector is down today this stock is one of the few continuing to the upside.

52 Week Range $27.51-$34.97
Market Cap 215,490,555,583
Average Volume 31,186,630
Dividend Yield 3.27%
Institutional Ownership 76.90%
Insider Ownership: 0.20%
Percentage of Float Short 3.30%
Beta 0.78

Pfizer Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Pfizer Inc. Pfizer Inc is a research-based biopharmaceutical company. The Company has five operating segments: Primary Care; Specialty Care and Oncology; Established Products and Emerging Markets; Animal Health; and Consumer Healthcare.

Some stocks hitting fresh 52 week highs

by DAN Articles

ACADIA Pharmaceuticals Inc. ($ACAD) is hitting a new 52 week high today. It is one of a few stocks that are green today on a big sell off day. There are many rumors as to why this stock is up. 1) investors are positioning themselves ahead of FDA approval that is expected soon or 2) rumors of a potential buyout from LLY. Either way this is not a good time to buy but watch for a pullback or sell the actual news once it comes out.

Over the past 52 weeks ACAD has traded from a low of $15.64 to a high of $40.25. ACAD was last at $45.75 on a volume of 5,621,070. Average daily volume has been at 1,281,267.

52 Week Range $15.64-$40.25
Market Cap 4,488,694,728
Average Volume 1,281,267
Dividend Yield 0.00%
Institutional Ownership 0.00%
Insider Ownership: 0.30%
Percentage of Float Short 16.50%
Beta 3.01

ACADIA Pharmaceuticals Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

ACADIA Pharmaceuticals Inc is in the business of development and commercialization of small molecule drugs for the treatment of central nervous system disorders.

Ambarella Inc. gapped up

by DAN Articles

Ambarella Inc. ($AMBA) gapped up today 7.04% on a volume of 7,788,100 shares. It is has hit a new 52 week high after earnings. This stock also affected $GPRO stock but Dan thinks that this stock is better buy.

52 Week Range $21.60-$63.20
Market Cap 2,046,215,475
Average Volume 1,874,849
Dividend Yield 0.00%
Institutional Ownership 49.40%
Insider Ownership: 3.80%
Percentage of Float Short 33.00%
Beta 0.00

Ambarella Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Ambarella Inc. Ambarella Inc is a developer of semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display.

Stocks at fresh highs

by Bridget Articles

lululemon athletica inc. ($LULU) hit a new 52 week high today. LULU is at $68.62, and has traded in a range from $36.26 to $67.90 over the past 52 weeks. Volume was last at 1,403,710 with a 50 day average of 2,284,648.

52 Week Range $36.26-$67.90
Market Cap 9,040,411,584
Average Volume 2,284,648
Dividend Yield 0.00%
Institutional Ownership 87.50%
Insider Ownership: 0.30%
Percentage of Float Short 11.10%
Beta 1.50

lululemon athletica inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

lululemon athletica inc. Lululemon Athletica Inc is a designer and retailer of technical athletic apparel operating primarily in North America and Australia. Its yoga-inspired apparel is marketed under the lululemon athletica and ivivva athletica brand names.

A look at F5 Networks Inc. (FFIV) — Breakout From Consolidation

by DAN Articles

F5 Networks Inc. ($FFIV) averages are at $114.02 (21 day SMA), $112.15 (50 day SMA), $103.07 (200 day SMA). Over the past 52 weeks FFIV has traded from a low of $78.14 to a high of $120.58. FFIV was last at $122.49 on a volume of 2,596,670. Average daily volume has been at 1,047,611.

52 Week Range $78.14-$120.58
Market Cap 9,080,491,937
Average Volume 1,047,611
Dividend Yield 0.00%
Institutional Ownership 0.00%
Insider Ownership: 0.80%
Percentage of Float Short 8.20%
Beta 1.80

F5 Networks (FFIV) has been consolidating between $100-$115 for the past 6 months. But over the past two days, the stock has broken out of this consolidation to new 52-week highs on heavy volume. A technical trader should view this as a buy signal, with a stop back in prior congestion — around $115. The only way the stop gets hit is if the breakout turns out to be a fakeout.

F5 Networks Inc provides Application Delivery Networking (ADN) technology that secures and optimizes the delivery of network-based applications and the security, performance and availability of servers, and other network resources.

A look at Cummins Inc. (CMI)

by DAN Articles

Cummins Inc. ($CMI) averages are at $143.12 (21 day SMA), $150.03 (50 day SMA), $142.51 (200 day SMA). Over the past 52 weeks CMI has traded from a low of $121.66 to a high of $161.03. CMI was last at $147.62 on a volume of 2,024,420. Average daily volume has been at 1,366,229.

52 Week Range $121.66-$161.03
Market Cap 27,086,710,617
Average Volume 1,366,229
Dividend Yield 2.12%
Institutional Ownership 84.80%
Insider Ownership: 0.80%
Percentage of Float Short 1.50%
Beta 1.70

Cummins (CMI) has been in an uptrend for years. Since mid-2012, the stock has been moving higher in a series of higher highs and lows, but with very few deep pullbacks. You can see in the chart that such a deep pullback has occurred recently, but that the uptrend remains intact. Technical traders can look at this pullback and bounce as an opportunity to buy the stock.

Cummins Inc designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related component products.

Expedia Inc., — Breaking a Multi-Month Downtrend

by Gary Articles

Expedia Inc ($EXPE) averages are at $72.27 (21 day SMA), $71.57 (50 day SMA), $64.78 (200 day SMA). Over the past 52 weeks EXPE has traded from a low of $45.69 to a high of $81.78. EXPE was last at $76.17 on a volume of 688,291. Average daily volume has been at 2,298,437.

52 Week Range $45.69-$81.78
Market Cap 8,915,780,540
Average Volume 2,298,437
Dividend Yield 0.80%
Institutional Ownership 88.90%
Insider Ownership: 4.30%
Percentage of Float Short 7.00%
Beta 1.16

Expedia (EXPE) has been trending lower since peaking in February. However, during April and May, the stock consolidated along $68 and started pushing against the 50-day moving average. Back on May 27th, the stock broke above the 50-day moving average on higher than average volume. Technical traders might wish to buy the stock now, and keep a stop back below $72, which is where the 50-day moving average is right now.

Expedia, Inc., is an online travel company. It makes travel products and services available from a variety of hotel companies, large and small commercial airlines, car rental companies, cruise lines and destination service providers.

A look at Ctrip.com International Ltd. — A Trip to All-Time Highs

by Gary Articles

Ctrip.com International Ltd. ($CTRP) averages are at $54.95 (21 day SMA), $52.17 (50 day SMA), $49.94 (200 day SMA). Over the past 52 weeks CTRP has traded from a low of $29.37 to a high of $61.09. CTRP was last at $60.05 on a volume of 1,701,480. Average daily volume has been at 2,858,818.

52 Week Range $29.37-$61.09
Market Cap 8,139,077,191
Average Volume 2,858,818
Dividend Yield 0.00%
Institutional Ownership 94.70%
Insider Ownership: 0.00%
Percentage of Float Short 5.00%
Beta 1.32

Ctrip (CTRP) is closoing in on the September 2013 highs, which would complete a “high base” of nearly 1-year in duration. Current support for the stock is down at around $50, which is where the 200-day moving average is sitting now. Technical traders may want to use a tighter stop and keep it around $54. If the stock falls that far, then the potential breakout is not happening and there’s no reason to be long until the stock does more work.

Ctrip.com International, Ltd., provides travel related services including hotel reservation, air-ticketing, packaged-tour services, as well as, to a much lesser extent, Internet-related advertising and other related services.

Dead Cat Bounce on Quicksilver (ZQK)

by Gary Articles

Quiksilver Inc. ($ZQK) is trading on higher than normal volume today. Quiksilver Inc. is down -38.62% at $3.37 on a volume of 29,347,000 shares. That’s already 15.92 times the normal daily volume of 1,792,623.

Technical traders look at heavy volume as we see in Quiksilver Inc. today to confirm existing or developing signals.

52 Week Range $4.81-$9.29
Market Cap 605,139,116
Average Volume 1,792,623
Dividend Yield 0.00%
Institutional Ownership 0.00%
Insider Ownership: 4.20%
Percentage of Float Short 11.70%
Beta 2.83

Quicksilver (ZQK) announced disappointing earnings this morning and is getting murdered by the bears. The term “dead cat bounce” comes to mind. The stock is up from the open, which indicates that the bulk of the selling has already taken place. Those who look to buy severe selloffs might consider ZQK for a short-term dead cat bounce trade. Stops should be kept just below today’s intraday low of $3.13.

Quiksilver Inc. Quiksilver Inc designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding.