MLR - PMP 2/26/15

Published : February 26 2015 at 8:20 ET

Major averages closed roughly flat yesterday on near breakeven volume to Tuesday's volume. The market has had a spate of up days so some consolidation is healthy here to allow their respective 10-day moving averages to catch up. Meanwhile, the number of actionable stocks continues to grow as noted by the number of pocket pivots cited on Wednesday.

Various pocket pivots:

Jazz Pharmaceuticals (JAZZ) - Drug manufacturer - pretax margin 55.6%, ROE 39.6%, institutional sponsorship grew last 5 quarters, group rank 15.

Criteo S.A. (CRTO) - Enables e-commerce companies to increase post-click sales - earnings and sales are soaring, group rank 33.

Pacira Pharmaceuticals (PCRX) - Develops drugs using proprietary drug delivery technology - earnings and sales are soaring, group rank 1.

Medivation (MDVN) - Had another pocket pivot on a strong earnings report. We mentioned MDVN on 2/21.


A few retailers such as KSS, TJX, and ROST also had pocket pivots but fundamentals are not leadership quality.

This information is provided by Virtue of Selfish Investing, LLC (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing, LLC. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2016 Virtue of Selfish Investing, LLC. All rights reserved.