|Day Low/High||10.60 / 11.19|
|52 Wk Low/High||8.10 / 35.60|
Pitney Bowes closes above upper end of the bull flag pattern, the trade idea is in motion.
Here is my compilation of last night's profit reports. 24 beats: W&T Offshore (WTI) Oasis Petroleum (OAS) Marathon Oil (MRO) Huntington Ingalls Industries (HII) Cognizant Technology Solutions (CTSH) Disney (DIS) Electronic Arts (EA) Regency Centers ...
Now could be a time to pare down risk as we approach the end of the year, depending on your time frame.
The concern is that the SEC will crack down on Chinese auditors, but the fear looks unfounded.
Some eventual flipping would make sense, but one good positive day is certainly nice to see.
Earl Yen, managing director at CSV Capital Partners, names his favorite China plays including SouFun and China Distance Education.