>>> Gapping up

Gapping up

In reaction to strong earnings/guidance: BLDR +19.4%, ELY +15.7%, DECK +13.8%, ZNGA +12.7% (also appointed Clive Downie as Chief Operating Officer, effective November 4, 2013 ), CTCT +9.5% (also upgraded to Buy from Hold at Needham), MKTO +9.3%, AMZN +8.7%, (Amazon.com upgraded to Strong Buy from Market Perform at Raymond James), AFOP +7.6%, OUTR +7.3%, LSCC +7.1%, MSFT +6.5%, INFA +6.2%, (light volume), MXIM +5.7%, IMGN +4.3%, MXWL +4.1%, NWL +2.9%, (light volume), WY +2.3%, CA +2%, (light volume), COG +1.9%, NOV +1.8%, (light volume), LEA +1.8%, UPS +1.6%, BCOV +1.3%, CLF +0.9%, (also Announces the Appointment of New President and Chief Operating Officer), COLM +0.7%, (light volume).

Select oil/gas related names showing strength: TOT +1.5%, RDS.A +1.2%, STO +1.1%, BP +1%.

A few European drug names are trading higher: AZN +1.3%, SNY +1.2%, GSK +0.8%

Other news: CECO +51.3% (reaches agreement to Sell European Education Properties; consideration is expected to be $305 mln, less certain distributions and adjustments prior to closing), COCO +12.9% (up with CECO), ALU +3.6% (still checking), OPTT +3.6% (continued strength), PRKR +3.4% (modestly rebounding), PBNY +3% (to join S&P SmallCap 600), GLUU +3% (continued strength), ATRS +2.7% ( Announces the Issuance of a New U.S. Patent on the VIBEX Device Platform; Provides Additional Long-Term Protection For Proprietary Product Pipeline Including OTREXUP), ARMH +2.4% (continued strength on IBM news), DD +2.3% (announces separation of performance chemicals segment to enhance shareholder value; upgraded to Buy from Neutral at Citigroup), AMD +2.2% (still checking), TSLA +1.6% (FT discusses comments from Tesla (TSLA) exec Elon Musk that valuation in its shares may be higher than it deserves), LCC +1.5% (Business groups want settlement in US Airways (LCC)/AAMRQ antitrust suit, according to reports), BCS +1.3% (still checking), FB +1.2% (TWTR Reports out that IPO's expected price range is $17-$20; Expected to offer 70 mln shares), DIS +1.1% (Walt Disney plans China stores, according to reports ), LUV +1.1% (WSJ discusses that Southwest Airlines may consider fees on bags), RIO +0.3% ( Glencore plans to purchase stake in RIO Clermont coal mine, according to reports), BA +0.2% (Boeing received commitments of $20.7 billion in 737 Max's from China, according to reports).

Analyst comments: VLCCF +3% (ticking higher, upgraded to Equal Weight from Underweight at Evercore ), ESI +1.1% (upgraded to Neutral from Underweight at JPMorgan), CL +0.7% (upgraded to Hold from Sell at Canaccord Genuity ), F +0.5% (upgraded to Outperform from Underperform at Credit Agricole)