The market is marching higher in the afternoon after the initial downward movement in the morning. The market took a small dive in the morning after the disappointing retail sale announced before the open. I believe the market is still heading higher in the coming weeks.
One stock stand out today is (EFUT). It was mentioned last Friday as a stock to watch. It is up over 100% in less than 3 trading days. It is up another $14 as I am typing this. It is a very small cap stock with a lot of volatility. I would use this opportunity to get out and have a very handy profit. On the other hand, another China related stock, (CMED) did not have the luck of (EFUT), it was up early in the morning, then it went south in the afternoon. Momentum is your friend.
Today's Stock Movers at 1:00 pm EST
Volume Momentum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(DKS) 53.42 +4.50 +1,010
(CRVL) 52.69 +1.24 +374
(ININ) 18.20 +1.36 +366
(BF) 90.32 +0.88 +312
(RKT) 24.13 +1.14 +302
Stocks Down:
(HERO) 32.96 -0.80 +1,135
(CCRN) 20.81 -1.23 +885
(CMED) 26.88 -1.24 +623
(NVS) 57.50 -0.80 +534
(CC) 24.00 -0.88 +361
Tags: stocks midday
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