EPS % Change from Same Qtr a year ago 380%, Sales % Change: 22%.
MGAM showed up in the Post Earnings List after blow-out earnings and raising their guidance $0.42-$0.45, compared to its prior expectation of a range of $0.23-$0.26.
After the intial earnings thrust, MGAM has been consolidating in February. The next big move will occur when it surges above 10.95 and closes above that level.
The Russell continues to churn in range. A break out above these levels would signal the next leg up.
Below are a few setups from the Sector 50 watch list.
Today, we had quite a few signals appear in Bluefin. Below are the best looking setups for 2/1/2012.
|CALD||Business Software & Services||Short 25|
|GGB||Steel & Iron||STI Break Out|
|MKTX||Investment Brokerage-National||STI Break Out|
|FCH||Reit-Hotel/Motel||STI Break Out|
|SXC||Steel & Iron||Post Earnings Surprise|
|SANM||Printed Circuit Boards||Value 50|
|ELN||Drug Delivery||STI Break Out|
|DXPE||Industrial Equipment Wholesale||STI Break Out|
|NKTR||Biotechnology||Post Earnings Surprise|
|XRTX||Data Storage Devices||Post Earnings Surprise|
|TGA||Independent Oil & Gas||STI Break Out|
|WRB||Property & Casualty Insurance||Todays Earnings|
|HURN||Business/Management Services||Post Earnings Surprise|
|ROP||Scientific & Technical Instr||Emerging 50|
|EPD||Independent Oil & Gas||Post Earnings Surprise|
|ERT||Medical Laboratories & Researc||STI Break Out|
|GY||Aerospace/Defense-Major Dive||STI Break Out|
|CONN||Electronic Stores||STI Break Out|
|DLB||Diversified Electronics||Post Earnings Surprise|
|MIM||Property Management/Develop||Emerging 50|
|CPLA||Education & Training Services||STI Break Out|
|SXT||Specialty Chemicals||Emerging 50|
|FSII||Semiconductor-Equipment & Mate||Sector 50|
|TC||Industrial Metals & Minerals||STI Break Out|
|HELE||Housewares & Accessories||STI Break Out|
|MGM||Resorts & Casinos||STI Break Out|
|BMI||Scientific & Technical Instr||STI Break Out|
|KBR||Technical Services||STI Break Out|
|SSYS||Computer Based Systems||STI Break Out|
|PLXS||Printed Circuit Boards||Sector 50|