The market has turned south in the mid-morning amid a surprising decline in Q4 productivity. Added to the bear fire, it was the strong January same-store sales data from many of the nation's retailers failed to boost sentiment. Volume has picked up more than normal. It seems like the market is more violatile lately, it can be up and down 30 points easily on the Nasdaq market. It is hard to see what the trend is now. I would hold off buying any stock for now.
I was a bit surprise on how strong (GOOG) is after the earning report. It came back from down 70 points after market to down only $30 yesterday.
Thuresday's Stock Movers at 2:30am EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(ASPV) 24.36 +4.37 +1,094
(OSK) 53.45 +4.75 +601
(WCC) 54.56 +5.81 +435
(LSTR) 43.51 +0.87 +298
(NEWP) 18.04 +0.91 +273
Stocks Down:
(WSSI) 16.99 -3.41 +2,052
(GYMB ) 22.37 -3.05 +1,000
(AACC) 18.10 -5.48 +921
(NTRI) 41.25 -8.28 +667
(CWTR) 18.93 -1.48 +573
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