Daily Stock blog on US Stocks to be watched with up and down momentum. This blog is dedicated to take advantage of the wild up and down swing, and it presents opportunities to find stock market leaders for my readers. Stock Alerts, Stock Movers, Hot Stocks, Breakout Stocks, High Potential Stocks, Stocks to Watch.
Thursday, October 27, 2005
Thursday's After Market
Another big distribution day for the market. The market is very bearish right now. I would advise to get out of margin right now. No improvement is insight. The distribution volume is getting worse on a daily basis. Many well-known stocks are down big today, (DRIV, BIDU, KCI, FOXH, etc). But there are a few exceptions, up big today with volume are: MRGE, ESRX. I picked up some Dec 20 call options for MRGE around noon today. This one looks quite bullish at the moment. My favorite ISRG is only down about $2, it was up $18 yesterday. It still looks very bullish to me. I personally think ISRG is the Medtronic in the making. The demand for their robots are phenomenal. ISRG and MRGE are the two gems from the bad market today.
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