Standout Stocks
My Stock of the Day is Atheros Comm. (ATHR)
The stock is breaking out to a new 9-month high today on surging volume. Other than a brief mention in Barron's over the weekend, there is little news to account for the rise.
It looks mostly like a technical breakout. But given the strong volume, and the fact that the stock is still below its 52-week high, I think the move still has some legs.
The ISEE is still running above 200. I went back and looked, and the last time we saw a close above 200 was 8/31/06. So its been a while.
Other stocks making notable, high-volume moves include:
- CTSH
- SIMO
- CROX
- SYX
- SPTN
- RYAAY
- STP
- SHLD
- STT
- SLM
- NEU
- RCL
- RBC
- VVI
long ATHR
0 Comments:
Post a Comment
<< Home