Wednesday, November 16, 2005

Mid-day Movers

I know it's past midday, but here is a list of stocks moving on above-average volume today:
  • High-volume advancers: TOO, GILD, SRLS, GMRK, AGN, USAK, CPSI, KWK, DNR, STFC

  • High volume decliners: BCSI, SFCC, DIGE, EEP, BPL, ADVS, AXP, RAVN, MORN, ASGRE


Market Comments: The market is still flat on the day. While this is better than a continuation of yesterday's decline, I would not be suprised to see more weakness this week. In that sense, today could just be a day of pause before the continuation of yesterday's decline. I am still bullish into year-end, I just think a pullback is in order to work off the overbought condition.

long GILD

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