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 agriculture equipment retailer Titan Machinery (NASDAQ:TITN) jumped 15% today after the company released earnings.

So what: Revenue dropped 9.7% to $708.6 million and adjusted net income dropped more than 50% to $7.4 million, or $0.35 per share. The results don't look good but the bottom line beat analyst estimates by $0.15 and that's all traders needed to push the stock higher today.

Now what: This has been a highly volatile stock and while today is good the trends next year don't look to be good either. Revenue is expected to fall from $2.23 billion in fiscal 2014 to between $1.95 billion and $2.15 billion next year. Expected earnings between $0.70 and $1.00 per share also puts the stock at 18 times forward earnings at best, which isn't enough value to get me into the stock today.