In the news today due to a merger with Actavis that values Allergan at $66 billion, Allergan is a Zacks Rank #2 (Buy).

Shares slumped 7.3% on the index as investors seemed disappointed by a sizable negative impact from foreign exchange fluctuations to the earnings per share and a deceleration in revenue growth rate.

Leigh Drogen and Joe Kunkle preview earnings from Under Armour (UA), Skechers (SKX), Fortinet (FTNT), and O’Reilly Automotive (ORLY). In our featured topic we discuss why NXP Semiconductors (NXPI) is set for a huge quarter thanks to Apple's (AAPL​) Apple Pay.

Since September 12 the price of Skechers stock has fallen from $64.69 to $54.24 (16%).

Today I deleted Skechers, NXP Semiconductor and Linkedin from the Barchart Van Meerten New High portfolio for negative price momentum.

Today I sold Grupo Financiero Galicia and bought Skechers USA.