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TheStreet Open House

It's Not Pretty as Avon Leads 10 Stocks To the Woodshed

Stocks in this article: AVP BYD CNW CROX NVO OSK RATE STRA WTW ZEUS

Oshkosh (OSK) ($48.53) matched EPS estimates earning 49 cents a share in premarket trading on Thursday. The sell rated maker of vehicle bodies is above its 200-day SMA at $42.18 with my semiannual pivot at $47.75 and semiannual risky level at $48.19.

Bankrate (RATE) ($17.12) missed EPS estimates by 3 cents earning 11 cents a share in afterhours trading on Wednesday. The hold rated aggregator of financial market data gapped below its 50-day SMA at $19.69 on Thursday to a low of $16.20. The 200-day SMA is $15.34 with a quarterly risky level at $20.37.

Strayer Education (STRA) ($37.85) beat EPS estimates by 25 cents earning 30 cents a share in premarket trading on Thursday. The hold rated education company gapped below its 200-day SMA at $48.11 to a new multi-year low at $37.35 on Nov. 1. My monthly risky level is $40.39.

Weight Watchers (WTW - Get Report) ($33.63) beat EPS estimates by 23 cents earning $1.07 on Wednesday. The stock gapped below its 50-day SMA at $37.82 on Thursday to a new multi-year low at $31.49 on Friday. The hold rated weight control company has a quarterly value level at $29.56 with a monthly pivot at $37.41 and quarterly risky level at $42.14.

Olympic Steel (ZEUS) ($26.95) missed EPS estimates by 27 cents earning 12 cents a share premarket on Thursday. The sell rated producer of steel broke below its 50-day SMA at $28.07 to a test of its 200-day SMA at $24.93 with a reaction low at $24.56. My semiannual value level at $25.01 was tested at the low with a quarterly risky level at $29.00.

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 is the chief market strategist at AlphaPlus Analytics in addition to ValuEngine.com. He has been a professional in the U.S. Capital Markets since 1972, transferring his engineering skills to the trading and investment world.

Suttmeier has an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. He became the first long bond trader for Bache in 1978, and formed the Government Bond Department at LF Rothschild in 1981, helping establish that firm as a primary dealer in 1986. This experience gives him the insights to be an expert on monetary policy, which he features in his newsletters, and market commentary.

Suttmeier's industry licenses include, Series 7 and Registered Principal (Series 24). He has been the Chief Market Strategist for ValuEngine.com since 2008 and often appears on financial TV.

Click here for details on Suttmeier's "Buy and Trade" investment strategy.

Richard Suttmeier can be reached at RSuttmeier@Gmail.com
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