Market Lab Report - Premarket Pulse 5/19/15
Mixed-signal ICS and embedded software maker CRUS is having a pocket pivot off its 10dma. Earnings and sales are sharply accelerating, ROE 25%, group rank 6.
Semiconductor SWKS had a pocket pivot off its 50-day average. Earnings and sales are robust, pretax margin 30%, ROE 26.9%, group rank 25.
Semiconductor QRVO had a pocket pivot. Earnings and sales are skyrocketing, pretax margin 27.5%, group rank 25. We reported on the buyable gap up by QRVO due to its strong prior earnings report.
Children's apparel retailer CRI had a pocket pivot after it gapped up on strong earnings a couple of weeks ago. ROE 28.4%, accelerating earnings, group rank 37.
Biotech BMRN had a pocket pivot. Institutional sponsorship has grown last 3 quarters, group rank 3.
Biotech LGND had a pocket pivot. It responded favorable to its recent earnings report. Institutional sponsorship has grown over the last 9 quarters, pretax margin 49.4%, ROE 85.5%, group rank 1.
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