Market Lab Report - Premarket Pulse 8/13/15
Telecommunications infrastructure provider Dycom (DY) had a pocket pivot off its 50dma. Earnings are strongly accelerating, group rank 49. DY gapped higher after its prior earnings report.
Drug maker Regeneron Pharmaceuticals (REGN) had an upside reversal pocket pivot through its 10dma. We had reported on REGN a few times including its July 10 pocket pivot and August 4 buyable gap up after reporting strong earnings. It had since undercut the low of its gap up by 3.9% due to a correcting market. REGN sales are strongly accelerating, pretax margin 41.7%, ROE 52.3%, group rank 6.
Custom software designer Luxoft Holdings (LXFT) had a pocket pivot off its 50dma. Earnings and sales are accelerating, ROE 41%, group rank 52.
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