Stocks Crossing 50-Day SMA 10/04: (BBY) (BTU) (CHK) Above; (NLY) (CTIC) (ENDP) Below

The following is a list of stocks crossing the 50-day simple moving average (SMA) and are either above or below the metric. The 50-day is considered an indicator of a potential near-term trend formation.

Crossing and above:

• Best Buy Co. Inc. (NYSE: BBY) - up 3.4 percent. Director Matt Paull disclosed buying about 6,500 shares of Best Buy on October 2nd at an average price of 16.8898, or gross transaction value of $109,700.
  
  
• Peabody Energy Corp. (NYSE: BTU) - up 4.5 percent. Economic data howing positive nemployment insurance numbers as well as ECB president Mario Draghi girding for some bond buying is pushing miners higher today.
  
  
• Chesapeake (NYSE: CHK) - up 2.3 percent. Shares have been rather flat over the last month or so with some support coming in at $19. Shares are also butting-up against the 20-day today as well.
  
  
• Target (NYSE: TGT) - up 1.1 percent. Target reporting solid comps today with September's read up 2.1 percent versus the 2 percent consensus. For more color, click here.

• Annaly Capital Management, Inc. (NYSE: NLY) - down 1.3 percent. .

Crossing and below:

• - down percent. Morgan Stanley downgraded the stock from Equalweight to Underweight this morning.
  
  
• Cell Therapeutics, Inc. (Nasdaq: CTIC) - down 13.6 percent. Announced a convertible preferred offering today to the tune of 40,000 shares.
  
  
• Endo Pharmaceuticals Holdings (Nasdaq: ENDP) - down 2.7 percent. Said it sees fiscal 2013 EPS of $5.20 to $5.40 and sales of $3 billion to $3.2 billion. he Street was looking for sales of $3.23 billion and EPS of $5.51.

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