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 specialty chemicals maker American Vanguard (NYSE:AVD) jumped 10% today after reporting earnings.

So what: Sales rose 8% to $97.2 million in the third quarter and net income jumped 10% to $8.9 million. Both figures were ahead of estimates with earnings per share of $0.31 was two cents ahead of estimates.  

Now what: Industry trends are helping grow sales and a partnership with Monsanto to market Impact herbicide is paying dividends. Management expects future growth to be strong given the company's new product lines. This wasn't a crushing earnings beat but with shares trading at 15 times forward estimates and industry trends remaining strong I think there's still room to run, especially if shares pull back in coming days.