TJX ( TJX) ($54.16 vs. $50.48 on Aug. 16) best EPS estimates by 3 cents earning 66 cents a share. This buy rated stock popped to a new multi-year high at $54.49 above my semiannual and annual pivots at $52.25 and $52.67 with my quarterly risky level at $57.66.
Urban Outfitters ( URBN) ($42.70 vs. $39.74 on Aug. 16) beat EPS estimates by 3 cents earning 51 cents a share. The buy rated stock popped to $44.15 on Tuesday then consolidated. My annual value level is $37.28 with a quarterly pivot at $39.11 and weekly risky level at $43.53, which was tested at the earnings reaction high. At the time of publication the author held no positions in any of the stocks mentioned.Follow @SuttmeierThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.