Wednesday, January 11, 2006

Wednesday's Stocks To Watch

The market is in the see-saw battle and trading in a narrow range after 6 days of straight up days. Yesterday's reversal from lost to gain is an indicator of bull market strength. Maybe some consolidation days are coming, then clear up days to follow.
At around 2:00 am EST on Wednesday, Nasdaq is up about 3, S&P500 is up about 1. The advancers to decliners are slight down on both NYSE and Nasdaq. The up to down volumes are favor to the up volumes on both markets.

Stocks worth mentioning are:
(MTW), it broke out this morning to a new 52-week high, see previous post.
(GLW), it is up about $1.5 after the comments on its business outlook by the company this morning. Volume has doubled.
(TRMA), it continues its upward momentum from the beginning of the week. According to the company's previous earning release: Third Quarter 2005 Results - Net Income Increases 140% Over Second Quarter 2005 last November. Perhaps more good news are coming to the stock.

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