Stock Analysis

Alexion Pharmaceuticals ($ALXN +3.65%) rallied over 3% in after-hours trading after a board audit committee concluded that it sees no need to restate financial results after investigating a claim made by a former employee about Soliris sales and practices.
 
Kohl's ($KSS +4.22%) tumbled over 13% in pre-market trading after it said comparable same-store sales fell -2.1% y/y in the fiscal months of November and December combined, and then it cut its 2017 adjusted EPS forecast to $3.60-$3.65 from a November 10 estimate of $3.80-$4.00.
 
Helix Energy Solutions Group ($HLX +3.53%) sank 10% in after-hours trading after it proposed an offering of 21 million shares of common stock.
 
PriceSmart ($PSMT) reported first quarter net income of $0.82 per share compared to $0.78 per share a year ago. The company said total revenues rose to $739.6 million.
 
DaVita ($DVA) announced that Joel Ackerman will join the company in February 2017 and will become its chief financial officer effective March 1, 2017.
 
Personal care products company Helen of Troy ($HELE) may also see early strength after reporting better than expected third quarter earnings and raising its full-year earnings forecast.
 
Small Cap Bull 3x ($TNA) continues to trade in a tight range. TNA is a strong buy on all major pullbacks in 2017, especially in the $65-$72 range.
 
$SHAK is pulling back after a large rally. SHAK continues to deliver and should be a huge gainer in 2017.
 
NOVADAQ Technologies ($NVDQ) is also moving sharply lower in pre-market trading after forecasting fourth quarter revenues of $20.2 million and providing revenue guidance for 2017.
 
Medical device maker Stryker ($SYK) said it expects 2016 adjusted earnings at the high end of its previously stated range of $5.75 to $5.80 per share.
 
Southwest Airlines ($LUV) announced the promotion of Thomas Nealon as president and Michael Van de Ven as chief operating officer. The changes are effective immediately.
 
Shares of $ETRM exploded higher and is a key stock to watch on Friday along with $TBIO. China 3x Bull ($YINN) and Small Caps 3x Bull ($TNA) are strong buys on all major pullbacks in 2017.
 
QVC ($QVC) reported third quarter U.S. sales that fell 6 percent year-over-year, reflecting the first drop in sales by the home shopping channel in seven years.
 
China 3x Bull ETF ($YINN) is now soaring back above $17 and is up 15% in 2017. YINN is a strong buy between $13-$14 if we see more downside. I sold in my trading account but will continue to hold shares over the long term.
 
Bank of America ($BAC) reported fourth quarter earnings that came in above analyst estimates, although its revenues for the quarter came in slightly below expectations.
 
JPMorgan Chase ($JPM) reported fourth quarter results that exceeded expectations on both the top and bottom lines.
 
Wells Fargo ($WFC) reported fourth quarter earnings that fell to $0.96 per share from $1.00 per share a year ago. Revenue for the quarter was nearly flat at $21.6 billion.
 
$URRE is one of the Uranium Stocks that surged recently but shares were hit hard Friday due to a stock offering. URRE could see a rebound this week if Uranium Stocks heat up again.
 
$ETRM has been the hottest stock in 2017 so far but is now starting to die down. ETRM remains my top stock to watch right this week. ETRM will need to hold $13 going forward
 
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