Healthcare service provider Molina Healthcare (MOH) had a pocket pivot. It gapped up on a strong earnings report 2 weeks ago. Earnings and sales are strongly accelerating, group rank 31.
Market Lab Report - Premarket Pulse 8/14/15
| Published: | 14 Aug 2015 13:05 ET |
Major averages fell yesterday on lower volume as they reversed off of their intraday highs to close down late in the day. The S&P 500 and NASDAQ Composite met with resistance at their respective 50-day moving averages. That said, the 50-day line has been disrespected a number of times in this sideways market. While the choppiness continues, the sidelines are not a bad place to be until the dust settles. Keep your eye on your watch list of stocks, either long or short, since profit opportunities can come at the least expected moments.
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