Major market averages finished near the flat line on lower volume as we approach the end of a short trading week leading up to the three-day July 4th holiday weekend. This morning's jobs number came in at 288,000 new private sector jobs vs. expectations of 213,000 while the unemployment rate dropped from 6.3% to 6.1%.
Jazz Pharmaceuticals (JAZZ) had another pocket pivot yesterday. We first reported on JAZZ on June 17.
Transportation name Greenbrier Companies (GBX) held near the highs of a buyable gap-up move yesterday. This is within buyable range using the 62.35 intraday low as your selling guide. Group rank 10. We currently have a position in the stock.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (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. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2020 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.