Wednesday, March 15, 2006

Standout Stocks

Here is a list of stocks making notable moves today:
  • VIMC - up 17% on IBD feature story
  • KEX - high volume surge to new highs
  • NEU - analyst updgrade spurs new highs
  • VMC - gaps higher on increased guidance
  • MFLX - more new highs (if you want to see a picture of the idiot who sold this stock, look to the upper right of this site)
  • FIC - day 2 of selloff
  • UVV - gaps lower on news of convertible offering
  • CTRN - negative reaction to earnings; stock recoups early losses
  • SMTS - 10% drop in reaction to earnings
  • CEPH - high volume selloff as stock approached new highs

Market Comments: Today's market action is much better than we have witnessed recently. After yesterday's strong rally, the market was weak most of the day today before breaking into positive territory and picking up steam into the afternoon. This is how I prefer things-- weakness early, morphing into late day strength.


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