The PlayBook Checkup: $P 2nd Day Opening Drive and Pullback (Power Point Edition)

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Below is our fourth installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these educational sessions a trade archived by a new trader from our desk will be reviewed by Bella… usually. For this learning event we did something different! A trader from the SMBU Trading Community, but not our desk, presented … Read More

Opening Drive Play (CTSH)

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CTSH gapped down from a close of 83 to 78 in the premarket. Intraday Fundamentals (From Barron”s) Shares of IT outsourcing firm Cognizant Technology Solutions (CTSH) are off $6.11, or 7.4%, at $76.10 after the company this morning despite beating Q1 estimates and forecasting the current quarter and the year above estimates. The drop is likely part of the broad-based weakness in IT … Read More