Abercrombie & Fitch ($37.70) missed EPS estimates by 12 cents earning 16 cents a share. The stock was sent to the investor woodshed trading down from $46.80 at the Wednesday close to as low as $36.90 on Thursday, which was a test of my quarterly value level, now a pivot at $37.84. This severe decline in the stock price was enough for ValuEngine to upgrade the retailer to strong buy from buy, but I do not have a value level at this time. This week's risky level is $49.24.
Ann ($34.26) beat EPS estimates by 11 cents premarket on Friday earning 76 cents a share. The stock stayed above its 200-day SMA at $31.46 and maintains its buy rating. My annual value level is $30.07 with a quarterly pivot at $33.62 and semiannual risky level at $40.61.
Aeropostale ($8.71) missed EPS estimates by 10 cents reporting a loss of 34 cents a share. The stock had been sliding lower since Aug. 1 and closed Thursday at $10.98 before taking the trip to the investor woodshed Friday down to a new multi-year low at $8.59. This weakness resulted in an upgrade to strong buy fro buy according to ValuEngine. My quarterly value level is $6.11 with a weekly risky level at $11.71.
Buckle ($52.14) matched EPS estimates earning 52 cents a share. The stock slipped to $49.87 on Thursday testing my semiannual value level, now a pivot at $50.74. The buy-rated stock stayed above its 200-day SMA at $49.29. My quarterly value level is $47.87 with the semiannual pivot at $50.74 and semiannual risky level at $56.19.
Dollar Tree ($54.12) missed EPS estimates by a penny earning 56 cents a share. Improved operating margins help the buy-rated discount retailer to trade to a high of $54.92 on Thursday. My semiannual pivot at $52.56 proved to be a magnet after a post-earnings low of $51.70. My monthly pivot is $53.35 with a weekly risky level at $55.38.
Foot Locker ($33.02) missed EPS estimates by 2 cents earning 46 cents a share premarket on Friday. The buy-rated stock failed to hold its 200-day SMA at $34.34 and traded to a day's low at $32.50. I do not have a value level and the 2013 low is $31.12 set on the first trading day of the year. My monthly pivot is $33.38 with a weekly risky level at $35.55.
Gamestop ($52.38) beat EPS estimates by 5 cents earning 9 cents a share premarket on Thursday. The stock opened with a moon-shot to a new multi-year high at $56.08. This strength caused the stock to be downgraded to hold from buy and hence Friday's close was down 7.7% from the high. My monthly value level is $42.53 with a weekly pivot at $52.55, which was a magnet on Monday.
Gap ($41.43) matched EPS estimates earning 64 cents a share after the close on Thursday. The buy-rated stock traded slightly higher on Friday, but closed slightly lower. My semiannual value level is $37.17 with monthly and quarterly pivots at $42.01 and $42.78 and a weekly risky level at $46.39.
Children's Place ($55.30) beat EPS estimates by 12 cents reporting a better than expected loss of 42 cents a share premarket on Thursday. The buy-rated stock popped from a Wednesday close at $51.40 to a fresh 2013 high at $58.88. The stock tested my monthly value level at $51.29 at the Wednesday pre-earnings low. My annual and quarterly pivots are $57.18 and $57.70 semiannual risky levels at $67.12 and $68.68.
At the time of publication the author held no positions in any of the stocks mentioned.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.