The market starts the day down slight at the open, it trades down slightly in a narrow range all day long. No major correction is in sight after a series of 7-out-of-7 run for the Nasdaq with increasing volumes each day. It is a clear sign of market strength I have mentioned for the past few days.
Stocks worth mentioning are:
(HYDL), is up $5 after it announced strong backlogs. This company is in the design and manufacture of connection and pressure control products that are used for oil and gas drilling and production. It is in the right industry where oil is gold.
(ISRG), a long time favorite of mine since November of 2005, ran up ran up another $4 after it announced new products last night and new contract with a hospital this morning. It is definitely one of stock market leaders in 2006 as well.
(VLCM), is up about $2 after the stock is upgrade by Wedbush Morgan. It is in the process of breaking out of the trading range. It should be on your watch list if it breaks the $38 mark with good volumes. The chart looks very positive for this consumer goods company.
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