Monday, May 01, 2006

Monday's Stocks to Watch

The stock markets are trading slightly higher at 2:00 pm EST. The biggest fear on traders' mind is still the price of oil. All price sentitive metal related as well as oil service related stocks are up today. (DXPE) is one of the prime example for today's high percentage price move. It is in the oil equipment repair service. There are several factors in contributing its move today, great earning report this monring coupled with low stock float. It only has 2.4 million shares in the market that are tradable. Perhaps more upsides are coming for this gem.

Today's Stock Movers at 2:00 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(DXPE) 45.97 +5.87 +547
(VPRT) 32.90 +0.92 +434
(TNL) 26.50 +1.46 +320
(CRESY) 19.50 +2.13 +272
(WST) 36.45 +0.83 +242

Stocks Down:
(LSCP) 20.78 -2.98 +843
(ATRS) 20.39 -1.01 +624
(JEF) 62.87 -3.58 +383
(NURO) 36.90 -0.82 +356
(MCRS) 41.23 -0.57 +319

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