Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of postsecondary education provider Education Management (Nasdaq: EDMC) jumped more than 10% in intraday trading today.

So what: Education Management's jump came as competitors ITT Educational Services (NYSE: ESI) and Corinthian Colleges (Nasdaq: COCO) also posted gains, possibly thanks to ITT's better-than-expected third-quarter results. This could be sparking investors' optimism that Education Management will have a good report when it steps to the mic in early November. However, considering that there's no company-specific news, and the move came on lighter-than-usual volume, it doesn't seem like there's much reason to get overly excited about it.

Now what: The for-profit education sector has been absolutely crushed this year, as the government started getting concerned about certain aspects of the schools' operations -- including their eligibility for federal dollars. Uncertainty ranks high on the list of things investors hate, so these stocks will likely stay under pressure until there is more clarity about what Uncle Sam plans to do.

Interested in more info on Education Management? Add it to your watchlist by clicking here.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Fool contributor Matt Koppenheffer does not own shares of any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his Motley Fool CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy assures you no Wookiees were harmed in the making of this article.