Resmed is down 2% this morning on a report by William Blair & Co. They are reducing Q4 estimates but say long-term fundamentals remain "robust"
Fortress Investment Group is down as the Blackstone IPO prices. This doesn't appear to be too much of a concern since it is still holding up above its primary support areas.
Overall weakness in the market is affecting UA, CBG, and COH.
Finally, KMX is pulling back from its gap up but this looks more like a consolidation than anything. I'm working on slowly scaling back my short position but still have some exposure there.
Have a great weekend! Check back here Saturday or Sunday for some links to readings I found interesting.
No comments:
Post a Comment