PPR - More pocket pivots 9/2/14
Several pocket pivots:
Rail transport company CP: accelerating earnings, pretax margin 25.4%, group rank 13. This is a slower stock for more conservative investors, but its price action can be quite constructive at times. It just passed confidently through 200 so the Livermore century rule would apply here.
Aircraft leasing company AER had a pocket pivot after a tight consolidation. Accelerating earnings and sales, pretax margin 30.4%, group rank 46.
Solar stock CSIQ: accelerating earnings, strong sales, group rank is still weak at 132.
Network security infrastructure company PANW: Robust earnings and sales, institutional sponsorship increasing over the last 8 quarters, group rank 62.
Airline company LUV: Stellar earnings, group rank 40. Tends to hold its 50dma well.
Machine-based security company FEYE had a bottom fishing pocket pivot (BFPP). It just closed above its 50dma. Stellar sales growth, group rank 62.
Footwear company SKX: stellar earnings, accelerating sales, group rank 17.
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