Monday, March 13, 2006

Standout Stocks

Here are some stocks making notable moves today:
  • RACK - with secondary prices, stock moves higher again
  • CWTR - more new highs on strong volume
  • STMP - news of customized stamps spurs new highs
  • HANS - hits new highs again
  • FMCN - strong bounce today within consolidation
  • COF - falls on NFB acquisition
  • ECLG - gaps lower on weak guidance
  • RVSN - day 2 of selloff below 50-day
  • AMD - downgrade on price wars with INTC
  • MAS - falls below 50-day; analyst downgrade

Market Comments: The market has not been able to build on its early gains, and in fact is weakening a bit. Both oil and bond yields are higher today, which may be restraining the market. Also, options expiration this week will likely result in some additional volatility. Nonetheless, I am still looking for bounce. The brokers start to report earnings this week, and a few strong reports from the complex should bolster the market.

long INTC


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