Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Best Buy dropped
The catalyst: Best Buy said that despite offering bigger discounts, they experienced weak demand for gadgets during the holiday selling season.The trade: Before you make a move, ask yourself, can they compete with Amazon, counsels Zach Karabell. The market is highly skeptical.Valero dropped The catalyst: Credit Sussie cut 1Q EPS citing weak retail margins, VLO specific refinery maintenance and weak ethanol margins.The trade: If you’ve been in this stock for the run up, I’d think about taking some off the table, says Patty Edwards.Cabot Oil And Gas popped
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