Wednesday, December 06, 2006

My Stock of the Day is Intuitive Surgical (ISRG).
I have highlighted this one recently, but on a day where the averages are struggling, I wanted to highlight it again.
The stock is breaking above its 50-day average day today, which should clear the way for more gains. The overhead 200-day is still looming, but I expect the stock to work its way through both of these resistance layers in the near future.
Investor sentiment measures are running about average. The ARMS index is at 1.0, and the CBOE put/call has risen from 0.77 at the open to 0.90 currently.
Other stocks making notable, high-volume moves include:
  • LQDT
  • BIDU
  • OMRI
  • UARM
  • DIVX
  • WFR
  • GROW
  • CPTS
  • BTH
  • PNRA
  • IDCC
  • DIGE
  • TXT

long ISRG; short TXT


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