Tuesday, January 03, 2006

Notable Stocks

Here is a list of stocks moving on above-average volume:
  • Advancers: FMCN, MDR, THOR, FFIV, NWRE, TESOF, ATLS, WSO, BRG, AAUK

  • Decliners: PPC, VMSI, FELE, ELOS, SEE, IIVI, CP, ANSS, BCSI, GOL


Market Comments: The market faded from its strong open, and it looked like it might be headed for another strong open-weak close scenario. But a wave of buying mid-day has pushed the SPX above Friday's highs. As of this post, it is looking like a mini buying panic. This could be mutual funds putting to work new money that has come in related to the new year. Let's see if the market can build on this strength into the close.

Long ELOS

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