Wednesday, February 22, 2006

Wednesday's stocks to watch

The market is trading higher at 1:30 pm EST. The market has been very violatile lately. The Nasdaq can be up 20 points today, and down 20 points the next day. But the trend is pointing down from the recent trading days. (GRMN) is a good example, it opened up $5, but it went down lower than the closing price in the morning, and it recovered some of the gains right now. But from the chart point of view, it looks te down from now. I would be hesitated to take any long position after a big run up like (GRMN) this morning. Cash is the king right now.

Today's Stock Movers at 1:30 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(GRMN) 67.21 +1.21 +1,035
(NTRI) 42.73 +5.02 +433
(NNDS) 47.95 +1.54 +368
(BRL) 67.05 +2.16 +272
(SEAB 17.30 +1.55 +252

Stocks Down:
(LCAV) 45.58 -10.31 +1,715
(CEC) 32.98 -4.67 +1,497
(SHW) 45.09 -7.48 +1,331
(HITT) 28.00 -2.42 +936
(HLF) 30.65 -4.60 +804

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