Friday Picks
At end of day 9/20/2009:
Market Monitor
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Trin (Up/Down) 1.27307159853258
Market Val Change $478,569,916
Number of stocks up 4% plus breakout on high volume 124
Number of stocks down 4% plus breakout on high volume 56
Number of stocks up 4% plus down move on high volume 16
Number of stocks down 4% plus up move on high volume 27
Number of stocks up 25% or more in past quarter 1583
Number of stocks down 25% or more in past quarter 74
Number of stocks up 50% or more in past month 57
Number of stocks down 50% or more in past month 3
Number of stocks up 25% or more in past month 372
Number of stocks down 25% or more in past month 15
Number of stocks up 100% or more from year low 2073
Number of stocks down 100% or more from year high 641
Number of stocks up 200% or more from year low 845
Number of stocks down 200% or more from year high 304
Number of stocks up 4% plus and up 100% or more from year low 99
Number of stocks down 4% plus and down 100% or more from year high 52
Number of stocks up 4% plus and up 200% or more from year low 57
Number of stocks down 4% plus and down 200% or more from year high 34
Number of stocks down at year high 415
Number of stocks down at year low 53
*AMPH, AMER PHYSICIANS S (Google Yahoo Earnings Chart) $23.57 - $23.29
+ARJ, ARCH CHEMICALS IN (Google Yahoo Earnings Chart) $32.11 - $31.11
_ARRY, ARRAY BIOPHARMA I (Google Yahoo Earnings Chart) $2.94 - $2.81
_*AZO, AUTOZONE INC (Google Yahoo Earnings Chart) $152.09 - $146.88
+*!@BCSI, BLUE COAT SYS INC (Google Yahoo Earnings Chart) $20.09 - $19.17
@CEA, CHINA EASTERN AIR (Google Yahoo Earnings Chart) $35.5 - $33.77
!CTIC, CELL THERAPEUTICS (Google Yahoo Earnings Chart) $1.55 - $1.41
_ETFC, E*TRADE FINL CORP (Google Yahoo Earnings Chart) $1.84 - $1.72
+_FBC, FLAGSTAR BANCORP (Google Yahoo Earnings Chart) $0.95 - $0.79
+_FSS, FEDERAL SIGNAL CP (Google Yahoo Earnings Chart) $7.74 - $7.42
GLS, GENESIS LEASE LIM (Google Yahoo Earnings Chart) $8.82 - $7.77
GRA, GRACE W R CO NEW (Google Yahoo Earnings Chart) $22.03 - $20.27
+_^*!HGG, HHGREGG INC (Google Yahoo Earnings Chart) $17.98 - $15.61
@IOC, INTEROIL CORP (Google Yahoo Earnings Chart) $41.69 - $38.75
JBL, JABIL CIRCUIT INC (Google Yahoo Earnings Chart) $12.41 - $11.9
_LGN, LODGIAN INC (Google Yahoo Earnings Chart) $1.91 - $1.55
_LO, LORILLARD (Google Yahoo Earnings Chart) $75.22 - $72.99
_LRN, K12 INC (Google Yahoo Earnings Chart) $17.13 - $15.85
MDRX, ALLSCRIPTS HEALTH (Google Yahoo Earnings Chart) $18.93 - $18.06
MTN, VAIL RESORTS INC (Google Yahoo Earnings Chart) $35.66 - $33.6
_MWA, MUELLER WATER PRO (Google Yahoo Earnings Chart) $5.58 - $5.14
*OPXT, OPNEXT (Google Yahoo Earnings Chart) $3.1 - $2.97
_PEIX, PACIFIC ETHANOL I (Google Yahoo Earnings Chart) $0.63 - $0.56
PG, PROCTER GAMBLE (Google Yahoo Earnings Chart) $57.32 - $56.5
*S, SPRINT NXTEL CP (Google Yahoo Earnings Chart) $4.28 - $3.93
+*^!SXCI, SYSTEMS XCELLENCE (Google Yahoo Earnings Chart) $47 - $43.7
VOXX, AUDIOVOX CP CL A (Google Yahoo Earnings Chart) $7.22 - $6.5
VVUS, VIVUS INC (Google Yahoo Earnings Chart) $11.04 - $11.04
+ZUMZ, ZUMIEZ INC (Google Yahoo Earnings Chart) $17.13 - $16.09
Doing some back analysis, I noticed that when AAV had a day of trading with much higher volume than normal and closed the day much lower than open, this was actually a strong buy signal. Probably because this occurred when the stock price was near a two year low or all time low. I'll have to incorporate this into my scans, it seems counter intuitive, buy who would buy a lot of stock when the price is falling except when someone thinks the stock has bottomed out? A stock would only bottom out when near a multi-year low. I would only think of purchasing a stock like this short if the signal occurred after a rally.