Foot Locker ( FL) ($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) ($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) ($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.Follow @SuttmeierThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.