ACT/BMO gaps up in higher volume when market is down
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Keep an eye on the spread of ACT/BMO, which broke out on Friday when the general market moved in the other direction (well this is a market neutral strategy).
It gapped up, finishing at the high of it's daily range, in higher volume and on a Friday, all of which are significant.
Actavis is a well held pharmaceutical stock which has good strength relative to the market and is due to post earnings on 18/2/2015 with the last quarter showing a 53% increase in EPS and an increase in like for like quarterly sales of 83%.
The Bank of Montreal Quebec finished down 4.87% on Friday in higher volume. It is also due to report earnings this month (around 25th February) although its own EPS last quarter was down 99% although it showed an increase in like for like quarterly sales of 3%.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.