Market Lab Report – Premarket Pulse 6/3/15

By | June 3, 2015

Scalper1 News

Major averages finished near breakeven yesterday on mixed volume, with the S&P 500 bouncing off its 50-day moving average. Futures are up strongly this morning as the European Central Bank leaves rates unchanged at historically low levels. Thermal transfer printer company Zebra Technologies (ZBRA) had a pocket pivot off its 10dma. Earnings are accelerating, sales are skyrocketing, institutional sponsorship has grown over the last 3 quarters, group rank 24. Aircraft leasing company Aercap Holdings (AER) had a pocket pivot off its 50dma. Earnings and sales are skyrocketing, pretax margin 27%, institutional sponsorship has grown over the last 6 quarters. Cannabinoid medicinal manufacturer GW Pharmaceuticals (GWPH) had a pocket pivot. This company has no earnings and scant sales so is speculative but with big potential. Group rank 3. Chin fat reduction biotech Kythera Pharmaceuticals (KYTH) had a pocket pivot base breakout. This company has no earnings and scant sales so is speculative but with big potential. Group rank 3. Scalper1 News

Scalper1 News