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Abercrombie, Aeropostale, Ann, Gamestop and Gap Earnings Scorecard

Foot Locker (FL - Get Report) ($33.02) missed EPS estimates by 2 cents earning 46 cents a share premarket on Friday. The buy-rated stock failed to hold its 200-day SMA at $34.34 and traded to a day's low at $32.50. I do not have a value level and the 2013 low is $31.12 set on the first trading day of the year. My monthly pivot is $33.38 with a weekly risky level at $35.55.

Gamestop (GME - Get Report) ($52.38) beat EPS estimates by 5 cents earning 9 cents a share premarket on Thursday. The stock opened with a moon-shot to a new multi-year high at $56.08. This strength caused the stock to be downgraded to hold from buy and hence Friday's close was down 7.7% from the high. My monthly value level is $42.53 with a weekly pivot at $52.55, which was a magnet on Monday.

Gap (GPS - Get Report) ($41.43) matched EPS estimates earning 64 cents a share after the close on Thursday. The buy-rated stock traded slightly higher on Friday, but closed slightly lower. My semiannual value level is $37.17 with monthly and quarterly pivots at $42.01 and $42.78 and a weekly risky level at $46.39.

Children's Place (PLCE) ($55.30) beat EPS estimates by 12 cents reporting a better than expected loss of 42 cents a share premarket on Thursday. The buy-rated stock popped from a Wednesday close at $51.40 to a fresh 2013 high at $58.88. The stock tested my monthly value level at $51.29 at the Wednesday pre-earnings low. My annual and quarterly pivots are $57.18 and $57.70 semiannual risky levels at $67.12 and $68.68.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at
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ANN $40.70 -0.80%
ANF $22.15 0.50%
DLTR $81.30 0.19%
FL $62.52 -0.76%
GPS $42.54 -1.82%


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S&P 500 2,059.69 -8.20 -0.40%
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