Monday, August 29, 2005

Stock reversal

After a brief dip in the first hour of trading, stocks are meaningfully higher now. Hurricane Katrina has been downgraded to a Category 3, and oil is trading near it's lows for the day ($67.50). This should help bolster sentiment for stocks, and lead to a strong close today.

Here is a partial list of stocks moving on above-average volume:
  • High-volume advancers: ASVI, JOYG, HOS, CVH, ADVS, BECN, BR, IPS, OII, EOG

  • High-volume decliners: NSE, CENT, ISLE, ASGR, IIT, HW, AMED, AHL, PNK, HZO

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