Wednesday, August 23, 2006

Wednesday's Afternoon Stocks to Watch

The market is trading lower in the afternoon again reversed course from this morning's up day. Like yesterday, the volume is relatively low compared to the typical day, if the trading is on track with this kind of volume, it would could as a distribution day, and the uptrend is still intact. Weakness acrosses all the sectors, especially the tech stocks the hardest.

I was a busy this morning until now. When I checked the price of (NUHC) it was down about 0.31 instead of up 0.50 this morning. I could at least sold some positions this morning. Look for initial support of $12.50 before advancing further in the near term.

Today's Stock Movers at 2:30 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(NVEC) 30.17 +2.47 +720
(ANDE) 38.40 +1.15 +228
(CPO) 34.31 +0.54 +128
(PX) 57.41 +0.77 +70
(BLK) 133.95 +1.50 +49

Stocks Down:
(ESE) 51.70 -5.94 +1,115
(DIGE) 42.45 -4.98 +960
(AMWD) 30.97 -3.14 +608
(PSS) 23.33 -2.71 +463
(DBRN 18.19 -1.93 +281

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