Standout Stocks

My Stock of the Day is Varian Semi (VSEA)

This stock gapped lower in late January, but did not fall too far below its 50-day average. This week, it shot back above that resistance on a huge spike in volume.

The stock has continued to drift higher, and has made a new 52-week high. It is a little overbought at current levels, but looks good on a pullback.

The market is recovering as I write, and trying to get back into positive territory before the close. I think today's consolidation is healthy, and that the market should continue to grind higher. We are still working off the overbought condition, but pessimism has been running high, and more gains next week could cause another round of short covering by the bears.

Other stocks making notable, high-volume moves include:

• HURC
• PSYS
• WBD
• LFL
• SIMO
• LQDT
• PCLN
• VSEA
• NHWK
• CNSL
• CPKI
• TAP
• CECO
• NCI
• CRYP
• BPT