Fresh Milestone For The Dow Flirting With The 23,000 Mark.

01:15 10/16/2017

Recon Technology, Ltd. RCON – Record volume at opening bell and pushing into new 52 week high territory on news of signing sewage treatment strategic cooperation agreement with Beijing Origin Water Purification Engineering Technology Co., Ltd ("BOW Engineering"). I wouldn’t get RCON off my watch list for the day just yet. Last hour of trading could have another strong move as we approach closing bell. Recon Technology, Ltd. is China's first listed non-state owned oil and gas field service company on NASDAQ. Recon supplies China's largest oil exploration companies, Sinopec (SNP) and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs.

TransEnterix, Inc. TRXC  – Another heavy volume strong mover with a huge gap at opening bell on news of US 510(k) FDA Clearance for their Senhance Surgical Robotic System. TransEnterix is a medical device company that is pioneering the use of robotics to improve minimally invasive surgery by addressing the clinical and economic challenges associated with current laparoscopic and robotic options.

Exelixis, Inc. EXEL – pops to 52 week high territory on news the FDA Granted it Priority Review for CABOMETYX® (Cabozantinib) as a Treatment for Previously Untreated Advanced Renal Cell Carcinoma. EXEL is a commercially successful, oncology-focused biotechnology company that strives to accelerate the discovery, development and commercialization of new medicines for difficult-to-treat cancers.

Netflix, Inc. NFLX  - hits new record highs as investors prepare for earnings and stock price upgrades. Higher subscription fees seem to be the last thing on bullish investor’s minds. Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films.

Net Element, Inc. NETE  – looks to be holding up pretty well intraday and is on the radar for a strong push towards the 200 day moving average during the last hour of trading. NETE operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise ("SME") in the US and selected emerging markets. In the US it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant and retail point-of-sale solution Aptito.

This article has been provided by a Chasing Markets contributor. All content submitted by this author represent their personal opinions, and should be considered as such for entertainment purpose only. All opinions expressed are those of the writer, and may not necessarily represent fact, opinions, or bias of Chasing Markets.
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