Late addition to the Marder Report:
Sonos (SONO) was inadvertently omitted from the Marder Report earlier this evening. Earnings are expected to jump from a cent a share in the September '19 fiscal year to 19 cents a share in the '20 fiscal year. Sales rose 13% and 25% in the last two quarters. A 94 RS stock in the 95 RS group with A- acc/dis rating.
Sonos came public 15 months ago at 15 and is now selling for 15.00. Price forms an eight-week cup with 19% depth. It can be taken above the 15.41 pattern high. Earnings expected Nov. 20 (confirmed).