Monday, February 27, 2006

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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