Standout Stocks

The action is pretty bearish today. Most stocks are making moves to the downside, with few bucking the overall trend. The major indexes are now below their 50-days, so my cautious stance stands.

Nonetheless, here are some stocks making notable moves today:

• EMR - rising along its 20-day average
• ELOS - spiking above recent consolidation
• QCOM - raises guidance for 1Q
• ATHR - Mad Money mention
• MFLX - more new highs
• MRVL - high volume selloff below 50-day
• STX - gapping down on higher volume
• MYOG - 15% plunge; earnings related
• GMXR - continuation of last week's selloff
• FLR - high volume selloff; looks mostly technical

long MER