The Nasdaq market is trading up in the afternoon on Thursday. Around 3:20 pm EST, Nasdaq is up about 11 points, S&P 500 is down about 1. The advancers to decliners ratio is about even on both Nasdaq and NYSE. The up to down volumes are 12 to 3 on Nasdaq and 8 to 9 NYSE. Volume looks still high as compared to typical trading day. Bull action seems to be coming from the Nasdaq market. That is what the typical good bull market shows in the recent trading weeks.
Stocks worth mentioning:
(TRLG), is up about $3around 3:00 pm EST Thursday. According to Yahoo Finance, it is in the design, development, manufacture, marketing, distribution, and sale of fashion jeans and other apparel. Volume has picked up a massive amount 500% more than the typical day. A break-out move today. This one should be on your watch list.
(JOSB), another retailer is popped up about $4.50 in the afternoon. Its same store sale was up about 20% compared to last year's December quarter. And added the stock's bull fire move, it got an upgrade from an analyst. Volume has also much higher than normal. A bullish sign for the stock.
(GES), is up about $1.5 in the afternoon. It reported a very strong same store sale this morning. It is up about 17.5%.
It seems like most of the actions are coming from the retailers on Thursday. The whole retail group is on fire today.
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