Stocks Gapping Up, What to look for in Earnings and News

In the trading room we discuss the day ahead live after the November Jobs Report and ahead of the market open. We look at some of the leading stocks gapping up or down in reaction to earnings or guidance including MRVL +21.3%, SMAR +16.5%, TLYS +9.8%, ZG +9.4% and DOCU -31.6%, OLLI -22.8%, SWBI -17.7%, ASAN -14.2%, DOMO -8.9% Enjoy live commentary from Our Trading Room at youtube as the day wraps up – feel free to like and share … Continue reading “Stocks Gapping Up, What to look for in Earnings and News”

The US Consumer Loves Deals, Ollie’s Bargain Outlet Follows Big Lots Earnings Beat

Ollie’s Bargain Outlet Holdings announced better than expected third quarter earnings Tuesday and a new CEO that sent the stock 12% higher. The US consumer is shopping on-line with $AMZN, $BBY and $WMT and discount and closeout retailers like $OLLI and Big Lots $BIG.