TradingMarkets 7 Stocks You Need to Know for Tuesday: BP, MA, V, WYNN, FSLR, ADSK, GRMN
Energy stocks were among the best performers on the first trading day of November, with stocks like ^COG^ and ^APC^ up more than 4% and 2%
respectively.
Pulling back above the 200-day moving average on Monday include ^JBL^, ^NOVL^ and ^BBY^.
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Here are 7 Stocks You Need to Know for Tuesday.
Shares of ^BP^ were little changed ahead of the company’s scheduled quarterly earnings report on Tuesday. The stock crossed below its 200-day moving average back at the end of April
and has traded below that level consistently ever since.
Also reporting quarterly earnings on Tuesday is ^MA^ (below).
Shares of Mastercard have closed lower for two out of the past three days above the 200-day moving average. Also down on the day, but trading below its 200-day, were shares of
^V^.
Up more than 2% intraday and closing higher for a third consecutive trading day on Monday was ^WYNN^. Wynn Reports is scheduled to announce quarterly earnings on
Tuesday.
Pulling back for a second day above the 200-day moving average was ^FSLR^ (below).
Shares of First Solar lost another 1% in trading on Monday. Monday’s close was the lowest in the stock since early September.
Down more than 3% on Monday were shares of ^ADSK^. The stock had closed higher for seven out of the past eight trading days before Monday’s profit-taking.
Up more than 2% and closing higher for a second day above the 200-day moving average were shares of ^GRMN^ (below) on Monday.
Shares of Garmin have traded below their 200-day moving average since late spring, only trading above that level consistently since last week.
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David Penn is Editor-in-Chief at TradingMarkets.com.