Weekly trade highlights from The EDGE Report

November 24, 2014
Romola McKenzie

This week: As Q3 earnings season winds down, we look at some final earnings plays -

Staples Inc. ($SPLS)

Before the open Wednesday, $SPLS announced earnings. S-Score was +3.588 in the Early EDGE report, and floated up to above +4 for the remainder of the session.

Meanwhile price gapped up on the open 2.6% to $13.10, before shooting up to a high of $14.14 in the first hour of trade. It then settled into a range between $13.80 and $14.00.

Medtronic Inc. ($MDT)

$MDT also released earnings Wednesday. The stock’s S-Score was at +3.751 in the EDGE, and stayed just below +4 for the rest of the day.

Price opened at $69.22, peaked at $72.74 and closed at $72.50, offering traders a nice one day gain.

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