Stocks Crossing 50-Day SMA 09/25: (PAYX) (JWN) (TEVA) Above; (SPLS) (EPD) (SQNM) 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:

• Paychex, Inc. (Nasdaq: PAYX) - up 2.6 percent. Topped first-quarter EPS views Monday night, but reaffirmed fiscal 2013 expectations. Click here for more.
  
  
• Nordstrom, Inc., (NYSE: JWN) - up percent. Gaining in part on data from Redbook Research showing retail sales for the first four-weeks of September rose 1.7 percent, versus expectations of a 1.5 percent pop.
  
  
• Teva Pharmaceutical (Nasdaq: TEVA) - up 1.8 percent. Moving strong above the 50-day SMA today with volume. MACD doesn't appear to be pegging momentum in either direction, so this might be one to watch.

Crossing and below:

• Staples, Inc. (Nasdaq: SPLS) - down 4.2 percent. Announced a new strategic plan today, which includes store closings and management changes. Click here for more color.
  
  
• Enterprise Products Partners L.P. (NYSE: EPD) - down 2.0 percent. Announced an 8 million common unit offering after the market closed Monday. Notably, the 20- and 50-day SMAs appear to be converging.
  
  
• Sequenom Inc. (Nasdaq: SQNM) - down 4.3 percent. Credit Suisse started coverage on Sequenom at Underperform and price target of $4, suggesting just 8 percent of upside over the next year.
  
  
• Red Hat (NYSE: RHT) - down 3.9 percent. Reported second-quarter results on Monday. EPS missed by 1 cent, while third-quarter expectations were muted.

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