Thursday, December 01, 2005

Stocks on the Run

Here is a partial list of stocks moving on above-average volume:
  • High-volume advancers: LMS, THOR, PSTI, SAFT, CONN, BAY, ASTE, GOL, BRG, PDX

  • High-volume decliners: SFCC, FLIR, MTCT, JOSB, NBP, ANF, AEOS, MYOG, ARO, CRXL


Market Comments: So far, so good. The market has not only held, but built on its early gains. This is shaping up to be a heck of a day. Semis are up more than 3%, and energy stocks are up strongly also. It's been a while since energy and tech rallied together.

Bond yields have reversed higher, with the 10-year at 4.52%. But it does not seem to be hurting equities at this point.

SNDK is a standout on the downside, bucking today's broad strength. This one still looks vulnerable.

short SNDK

0 Comments:

Post a Comment

<< Home