Shares of Todco (THE) climbed $3.98 higher as the stock closed at $44.17. What to watch for here though is how the stock handles the resistance of the 50 day moving average. Over 3 million shares were traded today versus a daily average of 1.8 million shares. The company trades in the Oilgas-drilling Industry Group.
A $6.74 gap up helped the stock close at almost $50 a share today. N R G Energy (NRG) was on a slump falling below the 50 and 200 day moving averages. The company today rejected Mirant’s (MIR) $8 billion offer to buy out the stock which is why it traded up so heavily. The [...]
A D C Telecommunications (ADCT) got clobbered in the stock market today. The stock lost $4.46 and closed at $17.92. Volume on teh day was a whopping 25,192,000. The average shares traded per day is just over 1.4 million. The stock tanked apparently after it agreed to buy out Andrew (ANDW). I imagine this to [...]
Shares of Landauer (LDR) stock rose today $1.53 and the stock closed at $46.60. Today was also an accumulation day with the stock trading close to 47,000 shares (average is 23,600). Keep an eye on this one because it is nearing the 50 day moving average. The stock trades in the Comml Svcs-security/sfty IBD industry [...]
Things aren’t looking too hot for Apple Computers (AAPL) as the stock has been on a bad slump lately. Today the stock lost another $1.45 and closed at $59.77 a share. Why should you keep an eye on this company?
It fell below its 200 day moving average yesterday which was a support line. The stock [...]
Shares of Security Capital Corp (SCC) had a great day today. The stock ran up $6.41 to a close of $28.41. Don’t jump the gun and get in too quickly though, because volume is extremely light as the daily average is a measily 1,900 shares. I would watch it closely tomorrow.
Mad Money had a pretty good episode tonight. Jim Cramer had alot to say and when it came to his picks got into investing outside the US. Stocks he says that are on their way up are:
Tele Norte (TNE) - The stock is involved in foreign telecom services and falls in the Telecom-services frgn industry [...]