Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

4 Stocks To Watch: CLVS, EMES, PBYI, VUZI

By Harry BoxerStock MarketsSep 09, 2016 02:42AM ET,-emes,-pbyi,-vuzi-200152576
4 Stocks To Watch: CLVS, EMES, PBYI, VUZI
By Harry Boxer   |  Sep 09, 2016 02:42AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items

The stock market had a lousy day on Thursday, but a lot of our stocks did well. We’re going to go over a lot of longs to see what’s up with them and what is emerging. A lot of them are biotech’s, oil and gas, and others. We’re really following the right stocks, so let’s take a look at some of them.

Clovis Oncology Inc (NASDAQ:CLVS) is really acting well, up 3.66, or 15%, to 28.01, on 12.5 million shares traded. When we first saw the pop and pullback, we gave you a buy on it. It popped again and pulled back. Nevertheless, looking at the pattern, it appears that the rising channel has been spiked through. If that is the case, this stock may very well test as early as Friday, the 31.00 range. Any follow-through in that area will be 36, but that’s a big one. It has 10 days to cover.

Emerge Energy Services LP (NYSE:EMES), which I’ve been following for a long time, was a disaster and a Boxer Short ever since it wedged several times, and then kept on going in a long down channel. Finally, after getting under 2.00, it popped up, pulled back, and popped up again, consolidated, and now it’s breaking out. Thursday’s move of 1.65, or almost 13%, to 14.51, on 1.1 million shares traded was significant. My next target on this one is 18 short-term, and then 21 mid-channel.

Puma Biotechnology (NYSE:PBYI), which I put another swing on Thursday, is moving forward, up 1.01, or 2%, to 59.02, on 362,290 shares traded. The reason I put the swing on it is because, when I get a parallel declining channel that goes from 207-9 down to 19, and change, forms an inverse head-and-shoulders, breaks out and flags a couple of times, looks to me like it has to have one more leg up. That leg could take it to the high 70’s, maybe even 80’s. It has 6.4 days to cover.

Vuzix Corp Cmn Stk (NASDAQ:VUZI) had a huge day on Thursday, up 59 cents, or 6.48%, to 9.69, on 946,931 shares traded. If you look at the chart, you will see that we reached the 9.60 and 9.75 targets, and on Thursday, it reached a high of 9.80. Technically, if it moves through this level, it may very well make it up to my next at 12.00.

Stocks on the long side included Apache Corp. (NYSE:APA), Aralez Pharmaceuticals Inc (NASDAQ:ARLZ), Bluebird bio Inc (NASDAQ:BLUE), Bazaarvoice Inc (NASDAQ:BV), Chesapeake Energy Corporation (NYSE:CHK), Clovis Oncology Inc (NASDAQ:CLVS), Clayton Williams Energy Inc (NYSE:CWEI), Encana Corporation (NYSE:ECA), Emerge Energy Services (EMES), Exelixis Inc (NASDAQ:EXEL), Finisar Corporation (NASDAQ:FNSR), MabVax Therapeutics Holdings Inc (NASDAQ:MBVX), Marathon Oil Corporation (NYSE:MRO), Puma Biotechnology, Inc. (PBYI), Aratana Thr (NASDAQ:PETX), Resolute Energy Corp (NYSE:REN), Shutterstock (NYSE:SSTK), Southwestern Energy Company (NYSE:SWN), Tailored Brands Inc (NYSE:TLRD), TESARO Inc (NASDAQ:TSRO), VelocityShares 3x Long Crude linked to S&P GSCI Crude Oil Excess Return (NYSE:UWTI), Vuzix Corporation (VUZI), and Xencor Inc (NASDAQ:XNCR).

4 Stocks To Watch: CLVS, EMES, PBYI, VUZI

Related Articles

4 Stocks To Watch: CLVS, EMES, PBYI, VUZI

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email