This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Volatile Trading Follows Apple and Facebook Earnings


Crocs (CROX) ($12.38) missed EPS estimates by a penny earning 17 cents a share in afterhours trading on Thursday. By the end of the week the hold rated maker of colorful footwear set a new 52-week low at $11.96. My quarterly value level is $7.64 with a monthly risky level at $13.75.

Cirrus Logic (CRUS) ($22.40) beat EPS estimates by 23 cents earning 75 cents a share in afterhours trading on Tuesday. The buy rated maker of high performance circuits fell below its 50-day and 200-day SMAs at $23.16 and $21.85 ending the week above the 200-day. My annual value level is $20.74 with a weekly risky level at $23.33.

Chevron (CVX) ($118.01) missed EPS estimates by 13 cents earning $2.57 a share in premarket trading on Friday. The hold rated energy company and Dow component stayed below its 200-day SMA at $120.42 with a semiannual value level at $113.49, a weekly pivot at $119.63 and annual risky levels at $122.26 and $123.08.

Facebook ($49.75) beat EPS estimates by 4 cents earning 17 cents a share in afterhours trading on Wednesday. When you look at a daily chart for Facebook you do not see the test of my weekly risky level at $57.65, but buy-and-trade investors with a GTC limit order to sell at the risky level may have been filled at that price in afterhours trading. The hold rated social networking stock traded as low as $46.50 on Thursday then as high as $52.09 on Friday. My monthly value level is $46.37 with this week's risky level at $55.80.

General Motors (GM) ($37.39) beat EPS estimates by 5 cents earning 96 cents a share in premarket trading on Wednesday. The positive reaction drove the hold rated auto marker to a new multi-year high at $38.21 on Friday. My quarterly value level is $35.44 and a weekly pivot at $36.42 and monthly risky level at $40.78.

Garmin (GRMN) ($46.61) beat EPS estimates by 9 cents earning 69 cents a share in premarket trading on Wednesday. The hold rated maker of navigation devices spiked to a new multi-year high at $50.39 then did an about-face navigating to a week's low at $45.84 on Thursday. My monthly value level is $45.37 with semiannual pivots at $46.20 and $48.10 and my quarterly risky level at $49.82 which was tested at the high.

2 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs