Mid-day Movers
Here is a partial list of stocks moving on above-average volume:
- High-volume advancers: PDFS, ASR, CCRT, FST, TTI, SWN, GIL, CERN, CTRP, CRM
- High-volume decliners: WMAR, GTK, BBY, PBKS, WES, ZMH, UFCS, VTAL, ECPG, IPCR
Market Comments: The market fell considerably mid-morning, but is attempting to bounce from those levels (SPX 1231). I see a nice handful of stocks bucking the trend this morning, and trading nicely higher. Many of these are tech stocks, and also some of the high short interest plays I mentioned yesterday. Today's close is still a coin toss, but I still expect more short covering this week.
long BBY, CERN
posted by J. Kahn @ 10:37 AM
2 comments
2 Comments:
Is there a reason you chose to focus on high short interest stocks during expiration week or is it mere coincidence?
Just coincidence. I could have added another layer and looked at the put/call ratios for these stocks. But this screen was just for high short interest in the common, not the options.
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