STOCKS IN THIS WATCHLIST ARE GENERALLY GEARED TOWARDS SWING TRADING BUT CAN ALSO BE USED FOR DAY OR LONG TRADES. STOCKS ARE EITHER TRENDING TOWARDS A BULLISH TECHNICAL CHART OR CURRENTLY IN ONE. ANY TECHNICAL ANALYSIS IS PROVIDED IN THE ACCOMPANYING CHARTS. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE INVESTING IN THESE STOCKS. (The Shares Float is based on figures from FinViz.Com or wsj.com).
Stocks highlighted in this watchlist include: $RLOG, $NPTN, $QNST
RLOG: Float is 12.91 million shares with insider trading accounting for 89.3% of the shares traded. There was no recent catalyst to account for today's gain so it may be all related to technical alerts.
NPTN: Float of 38.81 million shares with 27.14% short. Shares of optoelectronic-solutions provider NeoPhotonics (NYSE: NPTN) soared on Tuesday after the company reported third-quarter results that weren't as bad as analysts expected. NeoPhotonics beat estimates for both revenue and earnings, and its guidance was in line with expectations.
QNST: Float of 38.55 million shares. Released earning on October 30th. Revenue was up 19% year-over-year and adjusted EBITDA margin was about 8%. In addition to the strong year-over-year growth, this was the highest-revenue quarter since March of 2012 and the highest-EBITDA quarter since September of 2013. Strong momentum in QNST's Financial Services and Home Services businesses, which combined now represent about 75% of company revenue, continues to be the primary driver of improved performance. Those businesses grew 28% year-over-year in the quarter.