Align Technology, Inc. designs, manufactures, and markets the Invisalign System, a method for treating the misalignment of teeth. The Company’s system corrects the misalignment using a series of clear, removable appliances that move teeth to a desired final position
Titan Machinery, Inc. owns and operates full service agricultural and construction equipment stores US and Europe. The Company sells, rents, and services Case/ New Holland agricultural and construction equipment as well as parts.
WellPoint, Inc. is a health benefits company. The Company provides health benefits, dental and vision benefits, pharmacy benefits, life insurance, and life and disability insurance benefits. WellPoint operations include Blue Cross and Blue Shield plans.
PVH Corp. designs, sources, manufactures, and markets men’s, women’s, and children’s apparel and footwear. The Company markets its products at a wholesale level through department store chains and directly to consumers through retail stores. PVH Corp offers attire that includes dress shirts, sportswear, neckwear, and footwear.
The short on R.R. Donnelley (RRD) alerted on 1/29/2014 extended a 9% gain to close out the position in just 4 short trading days. There is quite a bit of support as noted in the chart below with multiple Radars showing heavy volume consolidation when “looking left”. Additionally, a traditional 200 day simple moving average resides at ~$16.32 making this an excellent opportunity to collect the profit and move on.
Overall, markets have been under a lot of pressure as of late. In part due to the withdrawal of additional stimulus from the Fed as well as contagion fears throughout the emerging market sector. Additionally, sparking the free-fall today was the disappointing U.S. economic data in ISM Manufacturing and ISM Prices Paid. Manufacturing showed a steep decline from the previous months reading of 57 down to 51.3 with Prices Paid escalating rather sharp increase up to 60.5 from the previous months 53.5 (See Charts Below).