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Following are some of the day's big movers. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!Wynn popped .The catalyst: According to published reports, Wynn may sign a land contract for a proposed resort in Cotai, Macau, this month.The Trade: The 200-day is around $129. If it holds for a couple days, then I'd buy Wynn, but I wouldn't run in,” says trader Steve Grasso.
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Genworth dropped .
The catalyst: Genworth postponed plans for a public offering for one of its units based in Australia due to elevated losses in the nation.The Trade: "Just stay away," says Stephen Weiss.
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Halliburton popped .
The catalyst: Halliburton said Wednesday its first-quarter profit increased 22.7 percent as the oil industry aggressively searched for new oil fields in North America.The Trade: “I think the company is still facing pricing pressure,” says trader Joe Terranova. “In the space I like HOS better.”
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