Notable Stocks

Here are some stocks that standout today:

• ULTI - high volume breakout
• NFP - close to new highs
• EMR - BP contract spurs new highs
• SGMS - NY lottery win spurs breakout
• QSII - misses EPS by 10 cents; gap down
• SYNA - day 2 of selloff; rumors of lost AAPL contracts
• VMSI - high volume gap lower
• DP - misses EPS estimates
• CRM - gap below 50-day moving average
• ACI - weak EPS leads to sharp selloff
• PMTI - meets views, but not lofty expectations

Market Comments: The market has rallied back strongly from this mornings swoon. While this is better than closing at its lows, I suspect that it stems from short-covering before the weekend, as the bears chalk up a winning week and take profits.

long EMR