Market Lab Report - Premarket Pulse 6/19/15
Futures are up this morning, shrugging off steep overnight declines in Chinese markets that saw the Shanghai Composite dive -6.4% to log its biggest weekly decline since October 2008, while the Shenzhen Index plummeted -6%.
Chinese internet and mobile software developer of security applications Cheetah Mobile (CMCM) had a pocket pivot. Earnings and sales are soaring, group rank 2.
Biotech Biomarin (BMRN) had a buyable gap up on positive news from its drug study. Group rank 4.
Electronic postage stamp company Stamps.com (STMP) had a pocket pivot after it gapped up on a strong earnings report. Earnings and sales are accelerating, pretax margin 28.1%, ROE 21.6%, group rank 5.
Thermal printer and RFID company Zebra Technologies (ZBRA) had a pocket pivot. Earnings and sales are accelerating, institutional sponsorship has grown over the last 3 quarters, group rank 31.
Hair products company Helen of Troy (HELE) had a pocket pivot off its 10dma after it gapped up on a strong earnings report. Earnings and sales are accelerating, group rank 16.
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