Tuesday, March 21, 2006

Standout Stocks

Here are some notable stocks for today:
  • (NOIZ) - extending yesterday's breakout to new highs
  • (BOT) - record seat sales at the Board of Trade
  • (KEX) - raised outlook spurs gap to new highs
  • (DRIV) - raised guidance; stock gaps to new highs
  • (NVDA) - analyst upgrade helps spur rally to new highs
  • (FDG) - lowers distribution due to coal production
  • (HAR) - gaps lower from new highs yesterday
  • (TRLG) - 7% drop; weak technicals
  • (SMTS) - more new lows on analyst downgrade
  • (CMED) - nearings last weeks lows


Market Comments: The market attempted to stage a midday breakout, but quickly reversed lower. The SPX and COMP are putting in negative outside days so far, a bearish sign. The market is at fairly overbought levels also, so we could see more of a pullback from these levels. It might not be a bad idea to lock in a few profits here. Let's see how the market fares in the closing hour.

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