Chinese internet and mobile software developer of security applications Cheetah Mobile (CMCM) had another pocket pivot earlier in the trading day but then closed near breakeven in the lower half of its trading range. Keep stops very tight on this stock if you hold any shares. Also keep in mind it is relatively volatile.
Market Lab Report - Premarket Pulse 6/25/15
|Published:||25 Jun 2015 13:27 ET|
Major averages finished lower on minutely higher volume yesterday after Greek jitters returned later in the trading day. While the number of actionable leading stocks has been healthy over the past few weeks, keep in mind markets may use the Greek excuse to have another one of its 2-3% pullbacks, or worse, so keep stops tight. Futures are currently higher at the time of this writing.
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