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Mon, September 12, 2011

SIG, SCSS, TEVA, OTEX, SHOO, CLF Expected to Trade Down Short Term


Published on 2011-09-12 07:00:59 - WOPRAI
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September 12, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top equities trading strategies and these stocks are the most likely to trade Down in the coming weeks. SIGNET JEWELERS LTD (NYSE:SIG), SELECT COMFORT CORPORATION (NASDAQ:SCSS), TEVA PHARMACEUTICAL-SP ADR (NASDAQ:TEVA), OPEN TEXT CORP (NASDAQ:OTEX), STEVEN MADDEN LTD (NASDAQ:SHOO), CLIFFS NATURAL RESOURCES INC (NYSE:CLF) are all expected to go Down as Bearish signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves. The specific technology used to make these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/sw/ot.php The chart below displays the stocks expected to go Down and a suggested stop level to limit any potential trading losses.

     Symbol     Company                             Price          Price Stop Level
     SIG        SIGNET JEWELERS LTD                 35.740         $37.53    
     SCSS       SELECT COMFORT CORPORATION          14.400         $15.12    
     TEVA       TEVA PHARMACEUTICAL-SP ADR          37.250         $40.41    
     OTEX       OPEN TEXT CORP                      54.660         $57.39    
     SHOO       STEVEN MADDEN LTD                   32.200         $33.81    
     CLF        CLIFFS NATURAL RESOURCES INC        76.630         $80.46    
SIGNET JEWELERS LTD (NYSE:SIG) - Signet Jewelers Limited operates as a specialty jewelry retailer in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. It engages in the retail of jewelry and watches, as well as offers associated services. The company operates retail stores under various brands, including Kay Jewelers, Jared The Galleria Of Jewelry, H.Samuel, and Ernest Jones. As of March 25, 2010, it operated 1,400 stores in the United States. As of January 30, 2010, the company operated 552 stores in the United Kingdom, including 14 in the Republic of Ireland; and 3 in the Channel Islands. Signet Jewelers Limited was founded in 1950 and is based in Hamilton, Bermuda.

SELECT COMFORT CORPORATION (NASDAQ:SCSS) - Select Comfort Corp. develops, manufactures, markets, and supports adjustable-firmness beds and other sleep-related accessory products in the U.S. and Canada. It offers beds under the brand name Sleep Number. These provide fabrics and cover filling, additional cushion and padding, firmness control systems, and wireless remote controls. The company also offers accessory bedding products, including specialty pillows, mattress pads, bed foundations, and leg options; markets the Precision Comfort adjustable foundation, enabling consumers to raise the head or foot of the bed as well as to experience a massage using a handheld remote; and provides Sleep Number SofaBed products. Select Comfort also markets comforters and blankets under the brand Personal Warmth Collection and provides home delivery, assembly, and mattress removal services. As of Feb. 26, 2007, it owned and operated 440 retail stores. The company was founded in 1987 and is headquartered in Minneapolis.

TEVA PHARMACEUTICAL-SP ADR (NASDAQ:TEVA) - Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, produces, and markets generic drugs in various therapeutic categories worldwide. It offers generic pharmaceutical products in a range of dosage forms, such as tablets, capsules, ointments, creams, liquids, injectables, and inhalants. The company also provides branded products, including Copaxone to treat multiple sclerosis; and Azilect to treat Parkinsons disease. Its principal branded respiratory products include ProAir a short-acting beta-agonist to treat bronchial spasms and exercise-induced bronchospasm; and Qvar, an inhaled corticosteroid for long-term control of chronic bronchial asthma, as well as Airomirin metered dose inhalers; and Easi-Breathe and Autohaler in breath-actuated inhalers. In addition, the company provides womens health products in various categories comprising oral contraceptives, intrauterine contraception, hormone therapy treatments for menopause/perimenopause, and therapies for use in infertility and urinary incontinence. Further, it offers biosimilar products, such as Granulocyte Colony Stimulating Factor (GCSF) that is used to reduce the risk of infections in oncology patients receiving chemotherapy; Eporatio, which is used for the treatment of renal anemia or chemotherapy-induced anemia; and Tev-Tropin, a human growth hormone indicated for the treatment of children. The companys biosimilar products also comprise Neugraninm and XM22, which are long-acting GCSFs and are in Phase III clinical development, as well as XM17 that is in Phase III clinical development for the treatment of female infertility. Additionally, it manufactures generic animal pharmaceuticals; and markets proprietary dermatological and nutraceutical veterinary products, as well as produces active pharmaceutical ingredients. It has strategic alliance agreements with Impax Laboratories, Inc.; and Alcobra Ltd. The company was founded in 1901 and is headquartered in Petach Tikva, Israel.

OPEN TEXT CORP (NASDAQ:OTEX) - Open Text Corporation develops, markets, sells, licenses, and supports enterprise content management (ECM) solutions primarily in North America and Europe. The companys ECM software and solutions enable customers to manage various types of enterprise content, including business documents, Web content, records, digital assets, email, forms and reports, forums, blogs, wikis, and real time instant messaging and collaboration. Its ECM solutions comprise various components, including document management, which provides repository for business documents, such as Microsoft office, CAD, and PDF; collaboration that offers tools designed to better facilitate people working with each other with content and processes; Web content management, which provides tools for authoring, maintaining, and administering sophisticated Web sites; and records management that enables control of the lifecycle of content objects by associating robust retention and disposition rules with each content asset. The companys ECM solutions also provide email management services designed to enable the archiving, control, and monitoring of email; capture and delivery tools that provide the means of converting documents from analog sources; digital asset management; business process management services; content reporting tools for analyzing content and generating reports; and Open Text Everywhere that allows the Open Text ECM suite to be available via mobile devices. In addition, it offers industry specific solutions for government, technology/manufacturing, energy, financial services, pharmaceutical and life sciences, legal, and media sectors. Additionally, the company provides learning, consulting, hosting, and customer support and training services. It has strategic alliances with Microsoft Corporation, Oracle Corporation, and SAP AG. The company was founded in 1991 and is headquartered in Waterloo, Canada.

STEVEN MADDEN LTD (NASDAQ:SHOO) - Steven Madden, Ltd., together with its subsidiaries, designs, sources, markets, and sells fashion-forward footwear for women, men, and children. The company offers its footwear products under Steve Madden, Steve Madden Kids, Madden Girl, Stevies, Steven, Madden Girl, Steve Madden Mens, Steve Madden Fix, Candies, Elizabeth and James, Olsenboye, and l.e.i. brand names to major department stores, mid-tier department stores, better specialty stores, value price retailers, and independently owned boutiques in the United States. It also offers its products trough company owned retail stores and an e-commerce Website. As of December 31, 2009, Steven Madden operated 89 retail stores. In Addition, the company designs, sources, markets, and sells name brand and private label fashion handbags and accessories. Further, it licenses its Steve Madden and Steven by Steve Madden trademarks for use in connection with the manufacturing, marketing, and sale of cold weather accessories, sunglasses, eyewear, outerwear, bedding, hosiery, and womens fashion apparel and jewelry. Steven Madden also distributes its products in Asia, Canada, Europe, Central and South America, Australia, and Africa through special distribution arrangements. The company was founded in 1990 and is headquartered in Long Island City, New York.

CLIFFS NATURAL RESOURCES INC (NYSE:CLF) - Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore pellets, lump and fines iron ore, and metallurgical coal. The company operates six iron ore mines in Michigan, Minnesota, and Eastern Canada; and two coking coal mines in West Virginia and Alabama. It also owns two iron ore mining complexes in Western Australia; a coking and thermal coal mine located in Queensland, Australia; and a Brazilian iron ore project in Latin America. The company, formerly known as Cleveland-Cliffs Inc, was founded in 1847 and is headquartered in Cleveland, Ohio.

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