FC Stone continues its streak of positive days as investors continue to expect strong results due to continuing volatility in commodities markets.
Carmax the used car superstore is up sharply after announcing earnings. I listened to the conference call and am not extremely impressed. Expect a full update on ZachStocks soon.
Our favorite casino short is trading down this morning approaching the $75 level that has been support. I'm not taking profits yet as this area could be breached which would likely cause a quick selloff a few points lower.
I'm not too concerned with the higher trade in Under Armour yet as it is still below the 50 day and volume doesn't appear to be very strong but I will watch it closely at this level.
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