Thursday, June 01, 2006

Thursday's Afternoon Stocks to Watch

The stock markets are trading a higher at 2:15 pm EST. This is the 6th attempt rally started last Wednesday. Breadth was positive with advancers trousing decliners by more than 2-to-1 on the NYSE and nearly 2-to-1 on the Nasdaq. Volume is on pace to be higher than Wednesday. It is great to see several consecutive up days. But we do need to keep in mind that tomorrow could be the break or make day for the market.
Tomorrow can dictate how the market will perform in the short term. If the number announced is great, we can see an explosion to the upside. On the other hand, it can send the market in a tail spin if the number is bad. If you are brave, you can place your bet accordingly.

Today's Stock Movers at 2:15 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(NRG) 50.55 +0.80 +504
(DBRN) 26.04 +2.65 +381
(SPSS) 38.53 +1.53 +262
(GES) 43.96 +2.50 +213
(JCP) 63.85 +3.01 +207

Stocks Down:
(FLSH) 29.32 -4.13 +747
(ADCT) 17.28 -0.64 +455
(KYPH) 37.27 -2.42 +407
(CPRT) 25.73 -1.71 +322
(CREE) 23.95 -1.70 +318

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