Mark Holder
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Mark Holder in Out Fox The $treet,

Out Fox The $treet: August 8, 2017

Stocks to watch on Tuesday:

Yelp (YELP) - as predicted, the consumer review site is on the way to new 52-week highs. Look for an easy move above the $43.41 high. 

Shake Shack (SHAK) - the burger stock had a big bounce off $31. A market cap of $800 million was probably low enough for this stock. 

Sprint (S) - the comical wireless company is supposedly working on the T-Mobile (TMUS) merger now. The company is sounding increasingly desperate, especially since none of the proposed merger partners seem that interested. Continue to fade any merger related rallies. 

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Disclosure: Long YELP