- HMSY (HMS Holdings) hit 52 week high
HMS Holdings (HMSY), a small cap company that takes advantage of waste in Government Health care Benefits, has just hit a 52 week high gaining 3.5% on Wednesday, February 4 to $33.13. This stock is technically strong and has good fundamentals as well.
- ATVI (Activision-Blizzard) to release DJ Hero By End of Year
Activision-Blizzard, Makers of the popular Guitar Hero, Call of Duty and World of Warcraft, announced that the game "DJ Hero" will be released before the end of the year, "and will include turntable-based controllers which gamers can use to spin and mix songs."
- S&P 500 is still in converging triangle pattern; Breakout is near
The S&P 500 is still in a converging triangle pattern. The end of the triangle appears to be before the end of March. Typically, breakouts (either up or down) will occur before the end of the triangle.
Many speculate that these triangles are more likely downside patterns than upside patterns.
This blog examined this triangle.
The Daily Markets Blog agrees with The Tech Farm Blog's assessment.