Tuesday, September 25, 2007

Volume and price action

In the stock market, volume is just as important as price. When a stock's price moves on high volume, a trend is much more likely than when the price moves on lower volume. Some sites even keep track of stocks whose price has moved more than 2% and the volume is more than double the 50 day simple moving average. I'll keep an eye on these as well.

Picks at end of day 9/25/2007:
AMD, ADV MICRO DEVICES (Google Yahoo Earnings Chart) $13.81 - $13.34
ANCX, ACCESS NATIONAL C (Google Yahoo Earnings Chart) $8.45 - $7.9
APPA, AP PHARMA INC (Google Yahoo Earnings Chart) $2.15 - $2
BMRN, BIOMARIN PHARMACE (Google Yahoo Earnings Chart) $24.11 - $23.05
CPB, CAMPBELL SOUP CO (Google Yahoo Earnings Chart) $36.35 - $35.45
CRY, CRYOLIFE INC (Google Yahoo Earnings Chart) $8.79 - $8.28
DDSS, LABOPHARM INC. (Google Yahoo Earnings Chart) $1.7 - $1.62
DISH, ECHOSTAR COMMUN A (Google Yahoo Earnings Chart) $44.14 - $42.73
EEFT, EURONET WORLDWIDE (Google Yahoo Earnings Chart) $27.66 - $26.31
*EGMI.OB, ELECTRONIC GAME C (Google Yahoo Earnings Chart) $0.55 - $0.46
ERF, ENERPLUS RES FD (Google Yahoo Earnings Chart) $46.98 - $45.5
FUEL, SMF ENERGY CORP (Google Yahoo Earnings Chart) $1.35 - $1.26
HOLL, HOLLYWOOD MEDIA C (Google Yahoo Earnings Chart) $3.59 - $3.43
IFLI.OB, INTL FIGHT LEAGUE (Google Yahoo Earnings Chart) $0.51 - $0.44
INO, INOVIO BIOMED COR (Google Yahoo Earnings Chart) $1.37 - $1.16
ISH, INTL SHIPHOLDING (Google Yahoo Earnings Chart) $21 - $19.43
LCBM, LIFECORE BIOMEDIC (Google Yahoo Earnings Chart) $11.99 - $11.52
LGF, LIONS GATE ENTMT (Google Yahoo Earnings Chart) $10.14 - $9.32
*LPX, LOUISIANA PACIFIC (Google Yahoo Earnings Chart) $17 - $16.4
MFG, MIZUHO FINANCIAL (Google Yahoo Earnings Chart) $11.07 - $10.5
MHA, MANHATTAN PHARMA (Google Yahoo Earnings Chart) $0.24 - $0.21
MOT, MOTOROLA INC (Google Yahoo Earnings Chart) $18.62 - $18
NICH, NITCHES INC (Google Yahoo Earnings Chart) $2.58 - $2.39
NIPNY, NEC CP ADR (Google Yahoo Earnings Chart) $4.87 - $4.65
NUAN, NUANCE COMMUNICAT (Google Yahoo Earnings Chart) $19.42 - $18.51
NWD, NEW DRAGON ASIA C (Google Yahoo Earnings Chart) $1.02 - $0.95
OCR, OMNICARE INC (Google Yahoo Earnings Chart) $31.83 - $30.74
OVTI, OMNIVISION TECH I (Google Yahoo Earnings Chart) $22.58 - $21.8
RX, IMS HEALTH INC (Google Yahoo Earnings Chart) $30.23 - $29.03
SGMS, SCIENTIFIC GAMES (Google Yahoo Earnings Chart) $37.57 - $36.25
TATTF, TAT TECH LTD (Google Yahoo Earnings Chart) $13.29 - $12.28
TRBN, TRUBION PHARMACEU (Google Yahoo Earnings Chart) $12.07 - $11.3
UIC, UNITED IND CP (Google Yahoo Earnings Chart) $74.6 - $70.26
*VMO, VAN KAMPEN MUNI O (Google Yahoo Earnings Chart) $14.89 - $14.78
*XPRSA, US XPRESS ENTP CL (Google Yahoo Earnings Chart) $19.14 - $18.94
XTNT, XTENT INC (Google Yahoo Earnings Chart) $8.25 - $7.76

Stock patterns that I like are: AMD, BMRN, ERF, LGF, MFG, MOT, OCR, OVTI, SGMS, TATTF, TRBN

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