Dear EarningsBeats Digest Member,
Save the Date!
Join Tom Bowley, Chief Market Strategist and John Hopkins, CEO for a FREE online webinar next Monday, December 16, 4:30 pm eastern.
The recent announcement by major online Brokers to eliminate brokerage fees has changed the rules of the game. Previously, traders needed to be somewhat selective due to the cost of in/out trades. Now that the fees have been eliminated, traders have an opportunity to manage trades in a different way. Join Tom and John as they share their ideas and present
some trading opportunities utilizing the "new rules of the game." Room instructions will be sent out to all EarningsBeats Digest members prior to the event.
Hope to see you there!
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Wall Street Likes This Industrial Machinery Co.
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As a relative strength follower, it's hard not to notice how strong Nordson Corp (NDSN) has been over the past several weeks leading right up to its earnings report that's due out tomorrow after the closing bell. It reached a high near 150 in January 2018 and had consolidated for more than 18 months before finally breaking out in October. Volume picked up on the breakout as
NDSN rallied about 22% in 4 weeks. Here's the daily chart showing the breakout:
