Wednesday, August 16, 2006

Wednesday's Afternoon Stocks to Watch

The market is trading higher in the afternoon with higher than typical trading volume. The Nasdaq market is sitting comfortably above 2100. This can be a follow thru day if the volume can continue. It is time to pick some quality stocks now as a test try now. Select the one which has a lot of good supports and good fundamentals. If you like cheap stocks, then Datalink Corp (DTLK) maybe the one for you.

This little gem has very good fundamentals as well as good uptrend momentum. It is trading around $9. If it breaks thru the old high which it made recently, it would be a good entry point. If you like beaten down stocks, you may like (SNDK). If you like good quality, good institutional supports, and strong up momentum stocks, (NGPS) would be a good one to consider.

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

Stocks Up:
(LEAP) 44.97 +2.25 +640
(DB) 113.67 +1.84 +345
(SPAR) 16.48 +0.82 +266
(CNS) 29.02 +2.10 +218
(MLI) 39.90 +1.37 +173

Stocks Down:
(DAKT) 22.50 -8.47 +2,363
(TWB) 35.06 -2.96 +440
(CG) 57.55 -3.02 +412
(ROST) 23.10 -0.51 +390
(EL) 36.36 -0.82 +273

Tags:

No comments: