Two Stocks Minding Their Own Business

Amid some mild weakness in the broad market this morning, it is hard not to notice both SKX and PAYC consolidating their recent breakouts quite well. Both stocks are in confirmed uptrends. And if the market continues to cooperate for bulls then SKX above $67.30 and PAYC over $34 should work well. 

In particular, SKX has reasserted itself as a potential emerging leader in the shoe apparel industry.

Elsewhere, we are seeing our usual assortment of volatile earnings gaps in the tape, with ANGI higher (but still a long-term broken chart) and FOSL lower (already a broken chart and now worse).