Take Over Profits with Mean Reversion Trading (IBCP, SYMX, FFHL)
After big gains or losses, stocks generally return to the average, or mean, price: traders can profit from this.
Argan, Inc. (NYSE:AGX) Skyrockets on Results, Gilead Sciences, Inc. (Nasdaq:GILD) Gets FDA Green Light for $1,000-a-day Hepatitis C Pill
Argan, Inc. (NYSE:AGX) Shares of AGX skyrocketed $3.78 (or +17.69%) to $25.15, with a total volume of 513,070 shares traded on Friday’s market activity For the third quarter ended October 31, 2013, AGX posted consolidated EBITDA from continuing operations of $20.8 million, compared to $9.6 million in the same period the prior year, and net income attributable to AGX’s stockholders of $11.9 million, or $0.83 per diluted share based on 14,365,000 diluted shares outstanding,
Chinese Stocks Fighting Back (LAS, UTSI, BONA)
For the third time this year, the People’s Bank of China Raised Interest Rates
Markets Surge Ahead of Fed Decision & China Truce:
North American equity markets opened this week on a buoyant note, as optimism swept through investor sentiment ahead of several key catalysts—from geopolitics to central-bank policy. In the U.S., the S&P 500 rose around 0.8%, the Nasdaq Composite advanced about 1.3%, and the Dow Jones Industrial Average added roughly 200–300 points in early trading.
Good, Better, Best: HDY, CAPS, and PMI are Ranked on Upside Potential
Small stocks The PMI Group, Hyperdynamics Corporation, and Capstone Therapeutics are rated and reviewed. Small caps Capstone Therapeutics Corp. (CAPS), The PMI Group, Inc. (PMI), and Hyperdynamics Corporation (HDY) are great bets right now, but some better than others.
New Symbol for Chinese Stock, Same Story: (GURE, CNR, THTI)
Gulf Resources is fighting back with a new symbol and share buy back program