Lets start with losers.
ORLY.
The stock dropped like a rock on a day like today on heavy volume. That's never a good sign for a stock. They warned in June on weaker profit. I'll take a guess they are going to warn again.
Lets look at the charts. Looks like one of my favorite parabolas is getting busted. This can turn into quite a profitable trade. With 20 P/E its really not a value pick. I'd say 50s quite easily.
But closing the gap in the low 70s would work for me too to start with.
This seems to be a major trend change move as long term moving averages are crossing down.
Edited by ogm, 13 September 2012 - 08:02 PM.