Thursday, November 09, 2006

Thursday's Afternoon Stocks to Watch

The market is lower in the afternoon after several days of rallies. Volume has on pace to be higher than Wednesday's volume. (CSCO) did the initial help for the tech heavy Nasdaq, but it was not enough to handle downward drift of the market caused by surge in oil price.

Wait for the market to settle down and pick you position to get back in. I think the trend is still up because we have a lot of good earnings coming out recently. Stay tune.

Today's Stock Movers at 3:10 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(GMKT) 20.70 +3.20 +1,071
(CSCO) 26.83 +1.73 +313
(BMC) 33.09 +3.02 +267
(GROW) 35.45 +4.05 +254
(LVS) 83.55 +3.84 +200

Stocks Down:
(PRSC) 24.68 -2.07 +1,150
(FOXH) 28.90 -7.01 +960
(RHD) 60.09 -3.12 +730
(IYG) 129.62 -0.80 +484
(URS) 39.96 -1.94 +434

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