Standout Stocks
Here is a partial list of stocks making notable moves on high volume: (most of the big moves today are retailers reacting to earnings reports)
- NVEC
- PWEI
- MW
- GYMB
- HITT
- FFIV
- SSI
- SHLD
- CTRN
- OCR
- ZUMZ
- FLO
The market is hanging in pretty well. Tech stocks are solid, despite the selloff in energy and commodities. This looks like there is finally a normal rotation occurring out of energy and materials into other areas of the market.
Oil is plummeting near $70, despite the recent Prudhoe Bay disruption. Gold also tumbled $13 today, and broke below its 50-day average. And despite the stronger Philly Fed report, bond yields are stable. All of these are positive developments.
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