The market reversed course from low opening to trading higher in the afternoon. The reversal is nice to have in these days. Unfortunately the volume is lower than normal trading days. I would still hestitate to take on with big buy positions right now.
The only stock I bought today or recently is (SXCI) this morning. This is a very small cap stock which exhibit strong up momentum as well as fundamentals. I bought it this morning around $12.35. It is up about $50 now. It is not bad at all for only the morning session with almost a 5% gain. This one can be a tradable stock depending on the market condition in the coming days.
I will bring up some trading opportunities on my blog as time and market conditions allows, such as the case for (SXCI). I have not bring about these opportunties lately because the market is in downtrend right now. Just keep a watch list and wait for the opportunaties as the market turns.
Today's Stock Movers at 2:45 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(MROI) 25.44 +3.84 +1,835
(CGX) 60.84 +4.10 +468
(WCG) 51.97 +2.16 +401
(GIL) 46.69 +3.49 +385
(CXW) 59.38 +3.23 +244
Stocks Down:
(SGMS) 30.36 -2.41 +1,221
(DRS) 39.62 -7.18 +1,202
(NFP) 38.50 -6.33 +1,201
(MDT) 44.95 -5.98 +999
(SBUX) 30.67 -2.63 +926
Tags: stocks midday
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