Stocks On The Move - July 31

Stocks Rise on Heavy Volumn:

• M Systems Flash Disk Pioneers Ltd. (FLSH): shares of Israel based flash memory maker jumped 13.24% or $4.21 to near 52 weeks high of $36 per share after SanDisk agreed to buy the company $1.56 billion or $36 per share. The stock has already reached the aquisition price so there is no reason to get into this stock unless something happended to the deal. The stock was the eighteenth leading gainer on Nasdaq today with 15.9 million shares traded.
• Arch Coal Inc.(ACI): shares of St. Louis, Missouri based coal mining company surged 9.34% to $37.94 per share after the company elected new board of director. However it is not yet the time to buy the stock as the stock hasn't break the downward trend yet. In fact if the stock goes down again tomorrow it is time to get out as the downtrend will continue. On the other hand, another big surge means the stock has breakout the downtrend and means its time to but the stock. Currently the support is around $30 so whenever the stock dropped back again to suppor it could be the time to buy. The stock was the seventh leading gainer on Nasdaq today with 6.5 million shares traded.

Stock Drop on Heavy Volumn:

• Scottish Re Group Ltd. (SCT): the Bermuda based life insurance company was under servere market bear attack as shares lost 75.06% of the value to record low of $3.99 per share on analyst downgrade after the company issued second quarter earning warning with resignation of the company's president and chief executive. With ROC now also at record low meaning the stock is way oversold and should expect some bounce back. The stock was the worse performer of the day and the third heaviest traded on NYSE with 32 million shares traded.
• Avon Products Inc. (AVP): shares world's leading direct seller of cosmetic product tumbled 11.64% or $3.82 to $28.99 per share after the company announced 54% drop in second quarter profit due to restructuring charges. Since the stock has broken the upward trend which began last November, it may be better to stay away from the stock. The stock was the fifth leading decliner on Nasdaq today with 7.7 million shares traded.

Stocks On The Move - July 28

Stocks Rising On Heavy Volumn:

• Lawson Software Inc. (LWSN): the business application software maker for various industries soared 19.82% to $6.77 per share despite a delay in annual report as Deutsche Bank analyst gave bullish comment that the company has lowered investment risk. The stock has reversed its downward trend whic began in April of this year. Buyers saw opportunity as ROC is at oversold level and K line is about to go on top of D line indicating buy signal. The stock was the seventh leading gainer on Nasdaq today with 5.36 million shares traded or four times average volumn.
• Titanium Metals Corp. (TIE): shares of the Dallas, Texas based titanium product maker surged 11.81% today to $28.98 per share on soaring major indices. The technical chart shows its about time for the stock to rise as ROC is at oversold level and K line is about to go on top over D line. Monday would be a critical day as the stock has reached the ceiling. If the stock can keep going higher it may reverse the current downward trend which began in mid May. The stock was the eighth leading gainer on NYSE today with 7 million shares exchanged hands.

Stocks Dropping On Heavy Volumn:

• Genitope Corp. (GTOP): the Redwood City, CA based biotechnology company was left behind the strong market rally as it instead plummetted 48.57% to all time low of $2.87 per share on analyst downgrade as its data safety monitoring board recommended the study of the company's cancer drug would still need to keep going. It appears that the investors have lost faith on the development stage company as it still need to burn cash for couple of years before its drug went commercialized. Currently the company has 87 million in short term assets and with short term liabilities of 17 million and about 11 million net loss per quarter the company would need to raise cash again next year. However it's still too early for bankruptcy so this may actually be a good time to get some of the shares in huge discount as ROC shows the stock was oversold. The stock was the biggest loser on Nasdaq today with 7.57 million shares traded.
• Rackable Systems Inc. (RACK): shares of Milpitas, CA based computer storage system company plunged 39.19% to $21.23 per share on analyst downgrade after the company issued warning due to declining market and increased pricing pressure. The plunge created new floor for the stock but shoud triggered some bargain hunting as ROC is at oversold level. The stock was the second leading decliner on Nasdaq today with 22 million shares traded.

Stocks On The Move - July 27

Stocks Rise on Heavy Volumn:

• Akamai Technologies (AKAM): shares of Cambridge, MA based Internet content delivery service provider surged 22.77% to new 52 week high of $36.83 per share on analyst upgrade as the company posted better than expected second quarter profit. The technical chart shows this a strong growing stock as both 50 day and 200 day moving average have been going up and brought the stock from $15 per share a year ago to more than doubled today. With 50 day moving average been flat since June and MACD currently below 0, there could be some profit taking as the stock is now slightly weak. However the strong result should be able to push the stock up further in the future and bring the stock back to strong bull market again. The stock was the sixth leading gainer on Nasdaq today with 17.5 million shares traded.

Stocks Drop on Heavy Volumn:

• Dura Automotive Systems Inc. (DRRA): bad news keeps hitting hard on the Rochester Hills, Michigan based Dura Automotive as the company today posted second quarter loss of $131 million compared to profit of $3 million in the previous year. Shares were hammered 55% to all time low of 69 cents per share. There were buyers buying the stock at discount so do expect the stock to go higher for the next few trading sessions. However the stock remains very weak so it is not the time to buy the stock for the long term. For the short term the stock could go thru some volatile sessions. The stock was the worst of the day with 6 million shares traded.
• NAVTEQ Corp. (NVT): shares of Chicago, Illinois based digital map maker plunged 24.48% to new 52 weeks low of $24.5 per share due to weak second quarter earning on slumping sales of in-car navigation systems. With ROC at record low oversold level we could see some bounce back at least for the next few days. The stock was the third leading decliner on NYSE today with 13.6 million shares traded or 10 times average volumn.

Stocks On The Move - July 26

Stocks Rise on Heavy Volumn:

• Sigmatel Inc. (SGTL): shares of Austin, Texas MP3 players chips maker soared 31.95% or $1.23 to $5.08 per share after the company posted better than exptected second quarter result. The stock few days ago has just reached all time low of $3.45 per share. Last year the stock was still trading at $20 per share but bad earnings send the stock down 80% for the year. With stock still trading at multi-year low the stock could be expected to go up with bargain hunting and K linke rising on top of D line indicating buy signal. The stock was the third biggest winner on Nasdaq today with 5.5 million shares traded.
• Mylan Laboratories Inc. (MYL): shares of Canonsburg, PA based drug maker surged 10.07% on rise in first quarter profit from $42.9 million to $75.6 million thanks to strong sales of the company's transdermal pain patch. However do expect some profit taking for the next few days as ROC is at overbought level while the stock remains weak with MACD still below 0. The stock was the fourth leading gainer on NYSE today with 10.4 million shares traded.

Stocks Drop on Heavy Volumn:

• SiRF Technology Holdings Inc. (SIRF): shares of San Jose, CA based global positioning system(GPS) chips maker plunged 23.24% to 52 weeks low of $19.69 per share on weak third quarter outlook due to stock option costs and other charges. The stock should be able to rebound as ROC indicates the stock is oversold. However with 50 day moving average down below 200 day moving average, do expect selling pressure when stock rises back to 50 day moving averaeg. The stock was the second biggest loser on Nasdaq today with 9.4 million shares exchanged hands.
• Amazon.com Inc. (AMZN): shares of leading online bookstore tumbled 21.82% to new 52 weeks low of $26.26 as second quarter profit plunged 58% due to discount on shipping. With ROC also plunging to new low at record oversold level, do expect some bargain hunting for the next few days. The stock was the third leading decliner and third heaviest traded on Nasdaq today with 77 million shares traded.

Stocks On The Move - July 25

Stocks Rising On Heavy Volumn:

• Momenta Pharmaceuticals Inc. (MNTA): shares of Cambridge, MA based biotechnology company soared 38.08% or $4.97 to $18.02 per share on new contract with Novartis. The stock few days ago just hit 52 weeks low of $10.4 per share after slipping for most of the year from $30 per share last September. Today's action brought the stock back above 50 day moving average and is within striking distance to $20 moving average. Although there may be some profit taking for few days the stock should be expected to go higher for the year as MACD is getting closer to 0 and could bring the stock back to bull market. The stock was the second biggest winner on Nasdaq today with 6.4 million shares exchanged hands.
• Agere Systems Inc. (AGR): shares of communication and storage chips maker surged 24.17% to $14.9 per share on analyst upgrade after the company posted third quarter earning which beat analyst estimate. The company posted net income of $47 million or 27 cents per share compared to analyst estimate of 16 cents per share. Today's action was a bounce back after the stock hit the floor of $12 per share and ROC reached oversold level of -2. The next few days would be critical as 50 day moving average is dropping near 200 day moving average and may turn the stock into a weak market. The stock was the second leading gainer on NYSE today with 7.5 million shares traded.

Stocks Dropping On Heavy Volumn:

• Encysive Pharmaceuticals Inc. (ENCY): last month the Bellaire, Texas based biopharmaceutical company soared 38.81% in one day after FDA began to review the company's blood pressure drug which FDA delayed the approval in March. Unfortunately today FDA again delayed the approval of the drug and send the stock down 40.29% to near 52 weeks low of $3.69 per share. The heavy punch erased most of the gains for the two months rally which began when the stock hit 52 weeks low in mid May and probably scared a lot of investors away. Watch the stock for few days to see if the worst is over before buying the stock at discount. The stock was the worst on Nasdaq with 18.8 million shares traded.
• Zoran Corp. (ZRAN): shares of DVD player chips maker plunged 28.18% to $14.17 per share on two analysts downgrade on weak third quarter outlook due to lower sales. This erased all the gains for this year and the stock was back to the level seen last October. Although the stock may bounced back for few days for the long term the stock was expcted to remain weak as 50 day moving average could dropped below 200 day moving average. The stock was the second leading decliner on Nasdaq today with 11.6 million shares traded.

Stocks On The Move - July 21

Stocks Rising On Heavy Volumn:

• Johnson Controls Inc. (JCI): shares of Milwaukee, Wisconsin based Johnson Controls bounced back up 8.91% to $77.65 per share after shares plunged 12% in the previous session due to lowered guidance. The stock was the second leading gainer on NYSE today with 5.7 million shares traded. Although the surge looks really positive it is better to wait for few days before make any decision about the stock as the heavy volumn today could mean that buyers in the previous session took profit.

Stocks Dropping On Heavy Volumn:

• PMC-Sierra Inc. (PMCS): shares of Santa Clara, CA based communication semiconductors maker plunged 26.36% or $1.84 to 52 weeks low of $5.14 per share on analyst downgrade after the company reported a net loss in the second quarter compared to net income in the previous year due to charges. The stock should be expected to rebound for the next few days on bargain hunting. However the long term trend of the stock is still heading down based on two year chart. The stock was the third leading decliner and the nineth heaviest traded on Nasdaq today with 49 million shares traded.
• Advanced Micro Devices Inc. (AMD): the world's second largest CPU maker behind Intel tumbled 15.66% to 52 weeks low of $18.26 per share after the company's second quarter net income missed the Street's estimate due to price war. The stock would remain weak for some time as 50 day moving average is below 200 day moving average. The stock was the biggest loser and the third heaviest traded on NYSE today with 41 million shares traded.

Stocks On The Move - July 19

Stocks Rising On Heavy Volumn:

• Lawson Software Inc. (LWSN): the business application software maker for various industries soared 19.82% to $6.77 per share despite a delay in annual report as Deutsche Bank analyst gave bullish comment that the company has lowered investment risk. The stock has reversed its downward trend whic began in April of this year. Buyers saw opportunity as ROC is at oversold level and K line is about to go on top of D line indicating buy signal. The stock was the seventh leading gainer on Nasdaq today with 5.36 million shares traded or four times average volumn.
• Titanium Metals Corp. (TIE): shares of the Dallas, Texas based titanium product maker surged 11.81% today to $28.98 per share on soaring major indices. The technical chart shows its about time for the stock to rise as ROC is at oversold level and K line is about to go on top over D line. Monday would be a critical day as the stock has reached the ceiling. If the stock can keep going higher it may reverse the current downward trend which began in mid May. The stock was the eighth leading gainer on NYSE today with 7 million shares exchanged hands.

Stocks Dropping On Heavy Volumn:

• Yahoo Inc. (YHOO): a strong market didn't help the troubling internet giant as shares of Yahoo Inc plunged 21.84% to two year low of $25.2 per share on disappointing earning where net income lost more than 78% compared to previous year due to stock option expenses. The stock should be expected to rebound at least for the next few days with bargain hunters. The stock was the heaviest traded and the second biggest loser on Nasdaq today with 204 million shares traded.
• Digitas Inc. (DTAS): shares of Boston based marketing service company tumbled 27.66 to two years low of $7.4 per share due to the loss of three major clients including Best Buy, Ameriprise and FedEx due to unsatisfatory customer service. The stock may have a hard time to recover as loss of major client should also have huge impact on future earning which is why investors are rushing out of the doors. The stock was the biggest loser on Nasdaq today with 19 million shares traded.

Stocks On The Move - July 18

Stocks Rising On Heavy Volumn:

• Rentech, Inc. (RTK): shares of Denver, Colorado based alternative fuels and clean chemicals company surged 21.43% or 90 cents to near 52 weeks high of $5.1 per share as the company and Peabody will develop two plants that will convert coal into diesel and jet fuels. The news is a big boost to the stock as the high gasoline price makes the alternative fuel company attractive. The stock is now back to ceiling and if the stock can continue to go higher tomorrow this would be the best time to buy.
• Crown Holdings Inc. (CCK): shares of Philadelphia, PA based packaging products maker rose 8.78% or $1.33 to $16.48 per share after the company posted strong second quarter net income. Today's surge on heavy volumn of 5 million shares formed a bullish "W" shape showing the stock is ready for a new rally. Do expect the stock to go much much higher in the next few months. The stock today was the fourth leading gainer on NYSE today with 5.4 million shares traded.

Stocks On The Move - July 17

Stocks Rising On Heavy Volumn:

• Mattel Inc. (MAT): maker of the famous Barbie doll was on the spotlight on Monday as its shares soared 10.83% to $17.6 per share after the company swung to a second quarter profit of $37.4 million or 10 cents per share compared to net loss of $94 million in the same quarter of previous year. The stock may be expecting some profit taking in the next few days yet for the long term the stock should be able to go up from now on. The stock was the second leading gainer on NYSE today with 8.2 million shares traded or four times average volumn.

Stocks Dropping On Heavy Volumn:

• Threshold Pharmaceuticals Inc. (THLD): shares of Redwood City, California based Cancer drug maker were cut in half to new low of $1.55 per share due to clinical trial failure of its prostate cancer drug. The stock in April was still trading at the $15 range but has loss 90% of its value. Bargain hunters may push the stock higher a little bit for the next few days. Yet with the stock so low the company is facing greater risk as it can no longer just rely on selling stock to cover the huge net loss.
• Spectrum Brands, Inc. (SPC): shares of Atlanta, Georgia based consumer products maker plunged 33.18% to new 52 weeks low of $7.15 per share after the company cuts fiscal 2006 forecast. Earlier in April the stock plunged 25% as the company at the time cuts its second quarter earning forecast. Now that everyone knows the company won't do well for the year maybe its the time to buy as all the bad news are out. The stock was the worst stock in NYSE today with 9.4 million shares traded.

Stocks On The Move - July 13

Stocks Rising On Heavy Volumn:

• No stock match this criteria today due to weak market

Stocks Dropping On Heavy Volumn:

• Cree Inc. (CREE): surging oil price due to conflict in Middle-East rattled the stock market again with major indices all went down sharply. The Durham, NC based Cree, a LED maker was one of the stock got hammered the most as shares tanked 21.51% to new 52 weeks low of $17.73 per share on analysts dowgrade after the company issued warning for the latest quarter citing weak LED sales. The after market movement suggest the bargain hunters were back as the sell-off was probably overdone. The stock was the third biggest loser on Nasdaq today with 17 million shares traded or 11 times average volumn.
• AMR Corp. (AMR): shares of leading airline in North America tumbled 8.23% to $24.99 per share as the soaring oil price brought down most airline stocks. As the conflict in the Middle East seems far from over, it would be best to stay away from stocks like airline stocks which could be hit the hardest due to high oil price. The stock was the thirteenth leading decliner on NYSE today with 8 million shares traded.

Stocks On The Move - July 12

Stocks Rising On Heavy Volumn:

• Unfortunately no stock match this criteria today

Stocks Dropping On Heavy Volumn:

• Secure Computing Corp. (SCUR): the biggest victim of today's weak market was the San Jose, California based Secure Computing which develops network security solutions. Shares plunged 38.17% or $3.08 to new 52 weeks low of $4.99 per share after the company warned that it could miss second-quarter guidance and also would spend extra money to acquire messaging security firm CipherTrust. The stock is now back to the level last seen in 2003. The stock was the second biggest loser on Nasdaq today with 17 million shares traded.

Stocks On The Move - July 10

Stocks Rise on Heavy Volumn

• Foot Locker Inc. (FL): shares of New York based athletic footwear retailer surged 9.98% to new 52 weeks high of $27.32 per share as private equity Kohlberg Kravis Roberts & Co. plans to bid the company for mroe than $30 per share. The stock may cool down a bit for the next few days as the bid wars of the footwear retailer continues we could probably see the stock trading in the 30s pretty soon in the next two to three weeks. The stock was the second leading gainer on NYSE today with 7.3 million shares trade or 5 times average volumn.

Stock Drop on Heavy Volumn

• Connetics Corporation (CNCT): shares of Palo Alto, CA based pharmaceutical company plunged 33.62% to new 52 weeks low of $7.76 per share as the company lowered its second quarter outlook and withrew the forecast for the year. Although the stock sank to as low as $7.16 for the day, it climbed back a little bit later and even rose 5.15% in afterhour. Looks like for the next few days the stock may go up on bargain hunting. The stock unfortunately was the worst stock of the day on Nasdaq with 12 million shares traded.
• InterDigital Communications Corp. (IDCC): shares of King of Prussia, PA based wireless technology development and licensing company sank 20.85% to $25.89 per share on analyst downgrade as the stock price already reflects the company's long-term growth potential. The stock has just reached 52 weeks high of $35.44 per share last Thursday. The stock was the third leading decliner on Nasdaq today with 10.45 million shares traded or eight times average volumn.

Stocks On The Move - July 7

Stocks Rise on Heavy Volumn

• RadioShack Corp. (RSH): the nations top consumer electronic retailers soared 23.26% to $16.96 per share after the company named new cheif executive Julian Day who made a dramatic turnaround for KMart. The stock made a turnaround after the announcement as it reversed the year long downtrend which began February of last year at near $35 per share all the way down to 52 weeks low of $13.73 yesterday. The stock was the biggest winner and the seven heaviest traded on NYSE today with 19 million shares traded or 10 times average volumn. This is a perfect time to buy the stock as its P/E is relatively low at 10.99 compared to it's rival Best Buy(21.75) and Circuit City(28.57).
• Digitas In. (DTAS): shares of Boston based interactive media and marketing company surged 8.93% or 93 cents to $11.34 per share on analyst upgrade citing buying opportunity due to recent slump on speculation that major clients may flee alway. The sell-off which began in May send the stock from almost $15 per share down to $10.41 per share yesterday, losing 30% in just two months. The positive comment from the analyst should help regain investor confidence and sparks more buying. The stock was the fifteenth leading gainer on Nasdaq today.

Stock Drop on Heavy Volumn

• NMS Communications Corp. (NMSS): shares of Framingham, Massachusetts based telecommunications equipment maker plunged 33.43% to new 52 weeks low of $2.45 per share after the company issued warning saying the second quarter result will be below analysts estimates. The stock was the second biggest loser on Nasdaq today with 5.5 million shares traded.
• WebMethods Inc. (WEBM): shares of the Fairfax, Virginia based business integration software maker tumbled 31.94% or $3.06 to $6.52 per share as the company reversed its forecaset for the first quarter from profit to loss on lowered revenue. The stock was teh third biggest loser on Nasdaq today with 7.8 million shares traded or 8 times average volumn. The loss today erased all the gains which began last year in October.

Stocks On The Move - July 6

Stocks Rise on Heavy Volumn

• ADVO Inc. (AD): the only reason that could make a 20 dollar stock to surge 45.88% to $35.39 is merger. And this is what happened to the Windsor, Connecticut based ADVO, a direct mail media company as on Thursday marketing company Valassis agreed to buy the direct mail company for $1.2 billion or $37 per share. The stock became the biggest winner on NYSE today on 32 times average volumn of 18.6 million shares traded. The stock is so close to merger price that it's not worth to get into the stock.

Stock Drop on Heavy Volumn

• Openwave System (OPWV): Thursday was the doomsday for the Redwood City, CA based cell phone browser maker as it plunged 32.26% to new 52 weeks low of $7.77 per share after the company issued fourth quarter warning and received subpoenas from U.S. attorneys for tis stock option grants. The stock was the biggest loser and the second heaviest traded on Nasdaq with 54 million shares exchanged hands.
• Par Pharmaceutical Companies Inc. (PRX): the Woodcliff Lack, NJ based drug maker continued to go downhill as it tumbled 26.19% to new 52 weeks low of $13.47 per share after the company announced that it would have to restate nine quarters of results. The stock was the leading decliner on NYSE today with 12 times average volumn 9 million shares traded.

Stocks On The Move - July 5

Stocks Rise on Heavy Volumn

• Duquesne Light Holdings Inc. (DQE): the July 4 celebration couldn't extend to the market today as most major indices were down for the day. Not many stocks were able to move up significantly in heavy volumn except the Pittsburgh, PA based electric energy company Duquesne Light Holding which surged 17.94% to 52 weeks high of $19.39 per share after the company is sold to a New York investment firm for $1.6 billion or $20 per share. The stock was the biggest winner on NYSE today with 5.68 million shares traded about twelve times average volumn.

Stock Drop on Heavy Volumn

• Trident Microsystems Inc. (TRID): the Sunnyvale, CA based graphic chips maker was in deeper trouble with yet another analyst negative comment citing competitive concerns which hammered the stock 17.26% or $3.33 to $15.96 per share. Last month analyst of Piper Jaffray just downgraded the stock due to the same reason. The chip maker was the biggest loser on Nasdaq today with 6.4 million shares traded or three times average volumn.
• Atheros Communications Inc. (ATHR): shares of Santa Clara, CA based wireless chip maker tumbled 14.78% or $2.71 to $15.63 per share on analyst downgrade and lowering estimate due to problems with sales of the company's cell phones. The stock was the second leading decliner on Nasdaq today with 9.7 million shares exchanged hands.

Stocks On The Move - July 3

Stocks Rise on Heavy Volumn

• Encore Medical Corp. (ENMC): despite a short trading session due to the July 4 holiday some stocks such as the Austin, Texas based Encore Medical, an orthopedic devices maker was able to make quite a bit of gain on heavy volumn. The stock today jumped 30.98% or $1.49 to near 52 weeks high of $6.3 per share after the company accepted a buyout deal to go private for $870 million or $6.55 per share. The stock was the second biggest winner on Nasdaq today with 9 million shares traded, also the twelveth heaviest traded on Nasdaq.
• Gateway Inc. (GTW): a short trading session also didn't stop investors from pushing the Irvine, CA based PC maker up for the third straight session as the company on Friday announced amendement of credit agrrement which will increase the borrowing base by $50 million. The stock surged 8.95% to $2.07 per share and is now back above 50 day moving average, a lightly more positive signal for the stock. The stock was the fifth leading gainer on NYSE today with 5 million shares traded.

Stock Drop on Heavy Volumn

• Merge Healthcare (MRGE): most investors are heading for the holiday comfortably as the market finished the day with a rally. However investors of Milwaukee, WI based Merge Healthcare, a medical software and services provider are heading for holiday with nightmare as the stock tanked 40.7% or $5.01 to new 52 weeks low of $7.3 per share after several executives, including founder have resigned on probing of the company's financial statement. The stock was the biggest loser on Nasdaq today with 7.3 million shares traded, the fourteenth heaviest traded on Nasdaq.
• Millicom International Cellular SA(MICC): the Luxembourg based cell phone company saw its shares plummeted 26.63% to $33.33 today after the takeover talk broke off as the potential buyers couldn't amke a firm offer. The stock was the second leading decliner and the eleventh heaviest traded on Nasdaq today with 10.2 million shares traded.