Zynga stock is a don’t try and catch a falling knife play where large players are trying to catch a falling knife! Makes you wonder if somebody knows something.
The “let’s catch a falling knife” trade in Zynga stock is on. Large players volume is soaring higher while the stock plunges lower. What a divergence!
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Whirlpool stock received a favorable recommendation from the ITC and stands to benefit from trade tariffs place on washing machine imports. The stock is forming a basing pattern.
Whirlpool stock has a Twiggs Money Flow that just broke above the zero line thus giving a buy signal.
Whirlpool has suffered from cheap imports flooding U.S. markets. The U.S. International Trade Commission (ITC) recommended tariffs to keep Samsung and LG Electronics from flooding the U.S. market with inexpensive washers. The tariffs would protect American appliance giant Whirlpool Corp.
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Madison Square Garden reported EPS of ($0.47) versus the consensus estimate of ($0.90). Revenue also beat coming in at $245.04 million versus the $237.06 million estimate.
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Camping World Holdings’ large players volume has exploded higher as the stock flushed from an announced secondary offering of 6,700,000 shares of its Class A common stock.
Camping World Holdings has been on a crazy acquisition spree of RV dealerships. Camping World is actively seeking opportunities to acquire quality dealerships with strong management, brand recognition and a solid customer base in markets where Camping World has an existing presence.
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Traders are front-running Sinclair Broadcast Group ahead of a FCC Main Studio Rule ruling. The stock closed up 2.33% on October 24, 2017.
The FCC will reconsider a broadcast industry proposal to eliminate the Main Studio Rule which requires TV station owners to keep a local staff where its antennae are based. The Main Studio Rule dates back to 1939.
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YogaWorks is executing on their national expansion strategy through the acquisitions of studios. On October 19, 2017, YogaWorks purchased seven Houston-based studios. This gives the company a presence in Texas.
On October 13, 2017, YogaWorks announced that it acquired Pure Om’s two yoga studios in Fairfax, Virginia, and Bethesda, Maryland, bringing its total studio count in the Washington, DC, area to 13.
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