Standout Stocks
Here are some stocks making notable moves today:
- ATLS - 10% gain; gaps above 50-day
- GILD - more new highs (biotech)
- NTES - continuation rally from Friday's gap up
- SNDK - Citi upgrade gains serious traction
- ADP - breaks above recent downtrend on high volume
- PLLL - falls after company denies merger rumor
- GI - hit by analyst downgrade
- GMXR - hurt by fallout in energy sector
- VSEA - down on acquisition announcement
- BMHC - continues to churn under 50-day
Market Comments: The market has held on to its early rally. Energy stocks are the only group that is down across the board. Retailers are bouncing nicely, as is tech and healthcare. I hear people coming on CNBC complaining about the narrowness of the rally, but from my perch it looks like participation is fairly broad. Go figure.
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