Tuesday, December 26, 2006

Tuesday's Afternoon Stocks to Watch

The market is trading slightly higher in the afternoon with lower volume. The market is still direction less for various reasons, such as slower down in economic growth, lower retail sale. If this condition improves, then we can start to go back and take some positions. In the meantime, sit tight and watch for direction.

Today's Stock Movers at 3:00 pm EST
Volume Momentum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(LFC) 139.03 +9.91 +330
(PNSN) 26.05 +1.96 +149
(IHG) 26.61 +1.04 +105
(CHL) 43.71 +3.06 +104
(APKT) 20.40 +2.19 +66

Stocks Down:
(IAAC) 27.20 -2.44 +222
(TNL) 22.74 -1.87 +138
(VLCCF) 22.43 -0.56 +117
(DIVX) 23.62 -1.34 +66
(SHFL) 25.65 -0.57 +65

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Wednesday, December 20, 2006

Wednesday's Afternoon Stocks to Watch

The market is trading flat in the afternoon after the morning strong run up. A reversal from the uptrend, not a good sign to have for the bulls. Fortunately volume is not too strong today.

(GMKT) is still on its up roaring trend from yesterday up momentum. Its volume has more than 10 times the normal volume on the breakout. It is the stock to be reckoned with.

Today's Stock Movers at 3:15 pm EST
Volume Momentum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(RBAK) 25.45 +4.28 +2,162
(GMKT) 25.99 +2.52 +1,545
(AIR) 27.49 +0.59 +691
(KMX) 53.25 +4.62 +575
(NHWK) 27.00 +1.87 +286

Stocks Down:
(TRMP) 20.00 -2.80 +1,176
(GBX) 28.66 -5.52 +878
(ISLE) 26.79 -1.89 +701
(PKE) 27.86 -3.79 +462
(PNK) 34.46 -1.05 +404

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Tuesday, December 19, 2006

Tuesday's Afternoon Stocks to Watch

The market is trading lower in the afternoon but off the worst level of the day after the Labor Department reported that the Producer Price Index, a measure of inflation at the wholesale level, jumped 2 percent in November. It is the biggest jump in over 30 years. The fear is definitely there. Also adding to investor fear, the stock market in Thailand dropped almost 50% Tuesday after the Thai government on Monday announced controls on foreign investment.

The good news is that the volume is not accelerating to the downside. The pace of trading is slower than normal. That means the sell off is an orderly fashion. Furthermore, we came back from the low of the day. I would not sell any position unless the position is broken to the downside with massive volume. Sit tight and see.

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

Stocks Up:
(GMKT 22.52 +2.04 +1,254
(TNT) 43.00 +0.89 +1,227
(LINE) 33.55 +1.37 +374
(NHY) 30.54 +0.99 +278
(NCTY) 29.37 +2.13 +208

Stocks Down:
(PSSI) 19.12 -1.54 +971
(IAI) 53.86 -0.51 +462
(TUES) 16.27 -1.58 +382
(BRLI) 23.52 -1.08 +361
(AZN 53.52 -2.06 +346

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Thursday, December 14, 2006

Thursday's Afternoon Stocks to Watch

The market is trading higher in the afternoon. The market has never looked ever since it opened up this morning after the employment report this morning. The bulls are roaring back with buying powers. Unfortunately the volume is bit low as compared to other trading days. I need another more volume up confirmation before buying more here. Sit tight and wait for the opportunities.

(IO) is one of the stars today with massive volume after it received a major contract worth over $60 millions from India. Watch for how this stocks trades in the coming days. It is a buy right now.

Today's Stock Movers at 2:50 pm EST
Volume Momentum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(LNET) 26.74 +3.54 +875
(DWSN) 39.94 +3.11 +286
(ININ) 20.18 +1.18 +260
(TMO) 45.46 +1.29 +238
(RBAK) 20.23 +2.03 +167

Stocks Down:
(ASFI) 30.53 -2.55 +936
(STST) 20.16 -1.23 +776
(GMXR) 41.10 -3.55 +760
(UTX) 61.90 -2.31 +385
(ORA) 37.48 -1.34 +342

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