New short term highs on the following stocks:
Symbol Last %Chg Industry
COV 45.95 0.42 Medical Instruments Supls
NOG 8.23 6.61 N/A
ACN 37.89 1.94 Management Services
AIT 31.95 1.69 Industrial Equip Wholesle
AKS 64.35 2.16 Steel And Iron
Showing upward momentum and strength in the last 4 trading sessions:
SPY - SPDR S&P 500 ETF
C - CITIGROUP INC
MU - MICRON TECHNOLOGY INC
IWM - iShares Russell 2000
ORCL - Oracle Corporation
WMT - Wal-Mart Stores Inc
RIO - COMPANHIA VALE
EMC - EMC CORP
XLE - Select Sector SPDR
MOT - MOTOROLA INC
TLAB - Tellabs, Inc.
NOK - NOKIA CORP
GM - GENERAL […]
The beat down of financial stocks has stopped for the time being. After JPM has now upped their offer for BSC to $10 from $2, most financials have rallied as indicated by the UYG:AMEX which tracks financial stocks.
Some new 52wk highs in the markets include WMT, BEAS, HCBK, GILD, NKE CSX, TJX and URBN.
With gold flirting with new highs, a number of new stocks making 52wk highs are mining companies:
AUY - YAMANA GOLD INC
GLD - streetTRACKS Gold
KGC - KINROSS GOLD CORP
CVA - Covanta Holding Cp
GDX - MKT VECT GOLD MNRS
USO - US OIL FUND ETF
AEM - AGNICO EAGLE MINES LTD
PHRM - PHARMION CP
BZP - BPZ Resources
CEF - Central […]
With a 200 point drop in the Dow, you would think stocks are doing badly, but that is not the case with this group of standouts that are not only holding ground, but gaining it. Money is flowing into these stocks:
Making moves on the AMEX today is China stock SHZ
SHZ:AMEX (SHZ message board) China Shen Zhou Mining & Resources Inc hit 55% in early trading.
