Stocks On The Move - August 31

Stocks Rise on Heavy Volumn:

• Joy Global Inc. (JOYG): shares of the Milwaukee, WI based mining equipment manufacturer is on a joy ride today soaring 21.52% to $43.54 per shares after the company posted strong third quarter earning which toped World Street estimates and also issued bullish outlook. Since the stock is still weak with MACD below 0 and 50 day moving average below 200 day moving average, we could see profit taking tomorrow. The stock was the fourth leading gainer and the fifteenth heaviest traded on Nasdaq today with 15.8 million shares traded.
• Glamis Gold Ltd. (GLG): shares of Reno, Nevada based gold mining company surged 18.68% to $46.12 per share as Goldcorp agreed to buy the company for $8.6 billion. With ROC now showing the stock is overbought, there's chance of profit taking. Yet with 50 day and 200 day moving average still rising, this is a good stock to hold for long. The stock was the second leading gainer on NYSE today with 12 million shares traded.

Stocks Drop on Heavy Volumn:

• Genta Inc. (GNTA): shares of the Berkeley Heights, NJ based biopharmaceutical firm were down 15.56% to $1.52 today on uncertainty over a vote by federal regulators. If the stock break below 50 day moving average, we could see more sell-off coming. The stock was the fourth leading decliner on Nasdaq today with 13 million shares traded.
• ADVO Inc. (AD): sahres of Windsor, Connecticut based printed advertising company plunged 22.31% to $28.59 after Valassis filed lawsuit to kill the merger announced in early July. ROC is showing the stock is being oversold so do expect bounce back very soon. The stock was the biggest loser on NYSE today with 11 million shares exchanged hands.

Stocks On The Move - August 30

Stocks Rise on Heavy Volumn:

• AnorMED Inc. (AOM): shares of Canada based HIV drug maker went almost doubled to $9.9 per share on rejection of $380 million takeover offer from Genzyme Corp. The stock was the biggest winner on the stock exchanges today with 5.5 million shares traded.
• NAVTEQ Corp.(NVT): shares of Chicago based digital map database company surged 12.06% to $26.85 per share. With K line now ready to cross on top over D line the stock has the chance to start new rally. The stock was the third leading gainer on NYSE today with 4.4 million shares traded.

Stock Drop on Heavy Volumn:

• VA Software Corp.(LNUX): shares of Fremont, CA based open source software platform provider tumbled 16.56% to $3.78 per share as the company missed fourth-quarter revenue targets depite swung to profit. With K line now below D line the stock could slide further at least till $3.5. The stock was the biggest loser on Nasdaq today with 2.86 shares traded.
• Holly Corp. (HOC): shares of Dallas based oil refining company lost 7.37% to $44.77 per share on dropping oil price. For the long term the stock is still in bull market with both 50 day and 200 day moving average going up. The stock was the second leading decliner on NYSE today with 3.2 million shares traded.

Stocks On The Move - August 29

Stocks Rise on Heavy Volumn:

• CytRx Corp. (CYTR): shares of Los Angeles, CA based biopharmaceutical research company soared 22.41% to $1.42 per share after the company received $24.5 million of royalty for drug development. The stock is now back above 50 day and 200 day moving average with K line on top over D line showing buy signal. If MACD can rise back above 0 then we may see the stock back to $2 soon. The stock was the second biggest winner on Nasdaq with 6.9 million shares exchanged hands.
• Sirva Inc.(SIR): shares of Westmont, IL based relocation services provider jumped 26.81% to $2.98 per share as the stock bounce off from recent sell-off which send the stock from $8 in May to $2 recently. The bounce back was triggered by low ROC which was at oversold level. With K line now on top over D line we could probably see more upward movement. The stock was the biggest winner on NYSE today with 2.3 million shares traded.

Stock Drop on Heavy Volumn:

• Bookham Inc. (BKHM): shares of San Jose, CA based optical network component maker tumbled 12.85% to $3.46 per share. With ROC showing stock was overbought and KD dropping we may see more sell-off coming until it dropped back at 50 day moving average. The stock was the seven leading decliner on Nasdaq today with 3.47 million shares traded.
• Ocwen Financial Corp. (OCN): shares of West Palm Beach, Florida based residential mortgage service company lost 10.15% to $14.51 per share on analyst downgrade. The stock in general is still in the bull market but the current sell-off may took the stock back to $14 or the 50 day moving average. The stock was the biggest loser on NYSE today with 2.5 million shares traded.

Stocks On The Move - August 28

Stocks Rise on Heavy Volumn:

• Energy Partners Ltd. (EPL): shares of New Orleans based oil and natural gas company soared 31.2% to $24.14 per share on takeover proposal from Australia's Woodside Petroleum for $23 per share. The stock was the biggest winner and the twelveth heaviest traded on NYSE with 12.3 million shares exchanged hands.
• Anadigics Inc.(ANAD): shares of Warren, NJ based radio frequency chips maker surged 17% to $7.02 per share on bullish report from Barron. Although the moving average show weak signal as 50 day moving average is below 200 day moving average, other technical indicators actually show buy signal with MACD above 0 and K line on top of D line. The stock is the sixth leading gainer on Nasdaq today with 10.5 million shares traded.

Stock Drop on Heavy Volumn:

• Gateway Inc. (GTW): shares of Irvine, CA based PC maker tumbled 9.6% to $1.79 per share. Recently the stock has been up as K line is rising on top of D line indicating buy signal. However with stock down again today the stock failed to break the downtrend and will continue to slide for a while. The stock was the second leading decliner on NYSE today with 8.77 million shares traded.

Stocks On The Move - August 25

Stocks Rise on Heavy Volumn:

• Hoku Scientific Inc. (HOKU): shares of Hawaii based fuel cell and solar power component company soared 36.05% to $4.68 per share on analyst upgrade. The stock has been on a rally with K line on top over D line. With MACD back above 0 the stock has the chance to get back to positive trend. The next resistence is around $5 per share. The stock was the leading gainer on Nasdaq today with 5.3 million shares traded.

Stock Drop on Heavy Volumn:

• Corcept Therapeutics Inc. (CORT): shares of Menlo Park, CA based drug maker plunged 56% to new 52 week low of $1.54 per share on clinical trial failure. With ROC now at oversold level the stock has chance to bounce back for a couple of days. The stock was the worst stock on Nasdaq today with 12.78 million shares traded.
• H&R Block Inc. (HRB): shares of tax filing company dropped 8.69% to $20.81 per share after the company said it is expected to have an after-tax charge of $61.3 million. The stock has been on a weak market as it is below 50 day and 200 day moving average and MACD is below 0 indicating bear market. The stock was the leading decliner on NYSE today with 7.69 million shares traded.

Stocks On The Move - August 24

Stocks Rise on Heavy Volumn:

• Scottish Re Group Ltd. (SCT): the Bermuda based life insurance company was again on the hot list as it surged 6.57% to $8.11 per share as the company declared dividend on perpetual preferred shares. The stock is now up more than 100% since it was hammered to new low of $3.99 on July 31 due to resignation of the company's president and chief executive. The stock is now on rally with K line on top over D line. The stock could continue to go higher as it is still on up trend. The stock was the fifth leading gainer on NYSE with 4.38 million shares traded.
• Lipid Sciences Inc.(LIPD): shares of Pleasanton, CA based biotechnology company soared 28.87% to $1.92 per share. Since reaching 52 weeks low of 87 cents in July the stock has been on the rise and the value has since doubled. The stock is now back to bull market as MACD is back above 0. Stock is now back to a critical point as it is now near 200 day moving average. The stock is the second leading gainer on Nasdaq today with 3.1 million shares traded.

Stock Drop on Heavy Volumn:

• Chico's FAS Inc. (CHS): shares of Fort Myers, Florida based casual clothing company plunged 25.46% to $17.95 after the company lowered the guidance for the third and fourth quarters. The chart shows really bad sign as the stock failed to break the downtrend and went south again after it touched 50 day moving average. With K line just dropping below D line we probably will see more slide coming. The stock was the biggest loser and the fourth heaviest traded on NYSE today with 26.5 million shares traded.
• Williams-Sonoma Inc. (WSM): shares of San Francisco, CA based cookware retailer tumbled 8.31% to 52 weeks low of $29.89 per share on analyst downgrade after the company cut its guidance. The stock is in a very weak market with KD falling and the price dropping below 50 day moving average. The stock was the fifth leading decliner on NYSE today with 5.97 million shares traded.

Stocks On The Move - August 23

Stocks Rise on Heavy Volumn:

• Rambus Inc.(RMBS): after losing 9.67% in the previous trading session due to trial, shares of the memory chips maker regained the loss and soared 17.66% to $13.19 as the court has stayed the final stage of the patent-infringement case filed by Hynix. With KD rising the stock should be back to rally. There is still plenty of room to go as the next resistence is around $15 per share. The stock was the third leading gainer and the fifth heaviest traded on Nasdaq today with 36.8 million shares exchanged hands.
• Gateway Inc. (GTW): shares of Irvine, CA based PC maker surged 13.37% to $1.95 per share as founder of eMachine placed $450 million bid to buy the retail business of Gateway. Risking KD has helped the stock gets back above 50 day moving average. However be cautious as the stock is now near the resistence around $2 per share. The stock was the biggest winner and the third heaviest traded on NYSE today with 26.87 million shares traded.

Stocks Drop on Heavy Volumn:

• Payless Shoesource Inc. (PSS): shares of footwear retailer tumbled 11.29% to $23.1 as the result missed Wall Street estimation despite a 63% jump in second quarter profit. Now the stock is back to a critical point as it is now sitting at 200 day moving average. So it is best to wait to see which direction the stock will go. The stock was the worst stock on NYSE tody with 4.79 million shares traded.
• KB Home.(KBH): shares of the nations leading home builder lost 6.16% to $40.53 on analyst downgrade as the company began reviewing stock option grant given to CEO. The stock continue to show weakness as it is trading below 50 day and 200 day moving average on falling KD. The stock was the sixth leading decliner on NYSE today with 4.6 million shares exchanged hands.

Stocks On The Move - August 22

Stocks Rise on Heavy Volumn:

• XM Satellite Radio Holdings Inc. (XMSR): after a year of decline which send the stock from $35 last August to as low as $9.63 recently shares of leading satellite radio provider soared 20.28% to $13.52 on analyst upgrade. The stock chart has probably formed a bullish "W" shape. The stock was the fourth leading gainer and seventh heaviest traded on Nasdaq today with 32.7 million shares traded.
• Mills Corp. (MLS): shares of shopping center REIT surged 15.31% today to $19.28 per share on new deal with investor to raise 500 million. The stock has been up since mid August after the stock dropped to 52 weeks low. The stock was the second biggest winner on NYSE today with 7.2 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Candela Corp. (CLZR): shares of Wayland, MA based laser product maker for cosmetic procedures plunged 28.71% to $10.33 on analyst downgrade. The heavy drop in ROC to oversold level should attract some buyers. The stock was the worst stock on Nasdaq tody with 8.2 million shares traded.
• Rambus Inc.(RMBS): shares of leading memory chips maker tumbled 9.67% to $11.21 on trial against the company. The support is currently at $10 per share and if the stock can stay above suppor we could see rally coming. The stock was the eleventh leading decliner on Nasdaq today with 13.9 million shares exchanged hands.

Stocks On The Move - August 21

Stocks Rise on Heavy Volumn:

• OraLabs Holding Corp. (OLAB): earlier in April the Parker, Coloraldo based oral care products maker soared 37.39% or $2.15 to $7.9 per share. Since then months of profit taking has send the stock back to $3.32 yesterday. The stock is on the hot list again as it skyrocketted 99.7% to $6.63 after the company posted 73% increase in sales for the second quarter. There could be some profit taking as ROC is indicating overbuy. The stock is the biggest winner on the stock market today with 4.8 million shares traded.
• Gold Kist Inc.(GKIS): shares of Atlanta, Georgia based broiler company jumped 47.1% to 52 weeks high of $19.02 per share after Pilgrim's Pride placed a bid on the company for $1 billion or $20 per share. The stock was the third leading gainer on Nasdaq today with 18.65 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Dollar General Corp. (DG): shares of Goodlettsville, TN based discount retailer lost 9.58% to new 52 weeks low $12.74 per share after the company lowered its earning guidance for the second quarter. This ended the short rally began earlier this month and the stock is now back to downtrend with K line dropping below D line. The stock was the biggest loser on NYSE today with 10 million shares exchanged hands.
• Visteon Corp. (VC): shares of auto parts maker dropped 8.72% to $8.27 per share as Ford plans to significantly cut production for the remainder of the year. Current support is at $7 but the stock remains in bull market as MACD is still above 0. The stock was the fourth leading decliner on NYSE today with 5 million shares exchanged hands.

Stocks On The Move - August 18

Stocks Rise on Heavy Volumn:

• Mills Corp. (MLS): after losing 19.83% earlier this week shares of shopping center REIT recovered 24.91% today to $16.8 per share on analyst upgrade. As ROC is at oversold level and KD is about to rise we could see more buying for the stock. The stock was the biggest winner on NYSE today with 7.9 million shares exchanged hands.
• Gasco Energy Inc.(GSX): shares of Englewood, Colorado based oil exploration company bounced back 22.92% to $2.95 per share as the company announced it has acquired assets from the Riverbend Project. The stock dropped to 52 weeks low in the previous sessions. Now that K line has just crossed on top over D line we may see some rally coming for the hard beaten stock. Today it was the leading gainer on AMEX today with 7.4 million shares traded.

Stocks On The Move - August 17

Stocks Rise on Heavy Volumn:

• Salesforce.com (CRM): shares of San Francisco, CA based customer relationship management(CRM) service provider soared 19% to $33.7 per share on strong second quarter result which topped Wall Street's expetations. Now with MACD back above 0 and KD still rising the stock could be back to bull market. The stock was the second leading gainer on NYSE today with 13.7 million shares traded.
• Advanced Micro Devices Inc. (AMD): the world's second leading CPU maker saw its stock surged 7.22% to $24.76 per share on analyst upgrade on improving outlook. The stock has been rising as K line is climbing on top of D line indicating buy signal. If MACD can be back above 0 we will be back to bull market. Now that ROC is showing the stock is overbought there's a chance of profit taking. The stock was the second heaviest traded and nineth best performer on NYSE today with 49 million shares traded.

Stocks On The Move - August 16

Stocks Rise on Heavy Volumn:

• Parlux Fragrances Inc. (PARL): after hammered hard last Friday by 44%, shares of Parlux Fragrances, a beauty-related products maker today surged 25.69% to $6.36 per share after the company sold the rights to Perry Ellis fragrance to Victory International for $140 million. The stock may about to start a new rally with K line approaching D line. Low ROC should also attract bargain hunters. The stock was the second winner on Nasdaq today with 6.78 million shares traded.
• Abercrombie & Fitch Co.(ANF): shares of New Albany, Ohio based youth apparel retailer jumped 14.19% to $63.4 per share on strong second quarter earning with bullish forecast for the year. Now the stock is back to previous resistence there could be some selling pressure as ROC is at overbuy level. However if the stock can break thru the resistence the stock may head for a strong rally with KD rising and MACD now above 0. The stock was the fifth leading gainer on NYSE today with 14.3 million shares traded.

Stocks Drop on Heavy Volumn:

• Daktronics Inc. (DAKT): shares of Brookings, South Dakota based scoreboard maker plunged 27.67% to $22.4 per share on dissappointing first quarter report which missed Wall Street targets. This ended the rally which began last November and the stock could head for the next supoprt around $20 per share. The stock was the biggest loser on Nasdaq today with 13.8 million shares traded.
• Mills Corp. (MLS): shares of Arlington, Virgina based shopping center REIT kept going down by losing another 19.83% to new 52 weeks low of $12.94 per share as the company fired its president. Now with ROC reaching oversold level we should expect bounce back sometime. But since the company is still in turnmoil, wait for ROC to bounce back up before buying. The stock was the leading decliner on NYSE today with 11.67 million shares exchanged hands.

Stocks On The Move - August 15

Stocks Rise on Heavy Volumn:

• TriPath Imaging Inc. (TPTH): shares of Burlington, North Carolina based cacner diagnosis products maker jumped 72.27% to new 52 weeks high of $8.82 on acquisition from Becton Dickinson & Co. for $350 million or $9.25 per share. The stock was the biggest winner in the stock market today with 8.25 million shares exchanged hands.
• Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company surged 13.22% to $5.14 after the comapny filed its 2005 annual report. The stock was just at its 52 weeks low few days ago. The surge put K line back above D line indicating buy signal. With the stock now trading only a third of its price 52 weeks ago, we should see more bargain hunters coming. The stock was the leading gainer on NYSE today with 5 million shares traded.

Stocks Drop on Heavy Volumn:

• Medifast Inc.(MED): shares of Owings Mills, Maryland based weight-loss products maker plunged 31.25% to $12.23 per share as margin is expected to shrink in future quarters. This ended the year long rally which began around last October. With MACD now below 0 the stock is at bear market and will expect more weakness for the time being. The stock was the biggest loser on AMEX today with 6.25 million shares traded.

Stocks On The Move - August 14

Stocks Rise on Heavy Volumn:

• Ford Motor Co. (F): shares Dearborn, Michigan based number two auto maker rose 6.24% to $7.83 per share on analyst upgrade on turnaround plan. The stock has been on recovery since late July. But now with stock approaching resistence at $8 and ROC on overbuy level again, the risk of profit taking has increased. The stock was the heaviest traded on NYSE today with 42 million shares traded.
• Tenet Healthcare Corp.(THC): shares of Dallas, Texas based healthcare service provider surged for the third straight session by adding 7.09% to $7.55 per share on analyst upgrades following a strong second quarter results which beat Wall Street estimates. The stock is now back near resistence at $8 so there's possibility of some profit taking with ROC showing the stock has been overbought. The stock was the tenth leading gainer and the fourteenth heaviest traded on NYSE today with 14 million shares traded.

Stocks Drop on Heavy Volumn:

• Cendant Corp.(CD): shares of New York based travel and real estate services provider lost 7.49% to new 52 weeks low of $1.73 per share despite increasing stakes from Icahn. The stock was the sixth leading decliner and the secondheaviest traded on NYSE today with 41.8 million shares traded.

Stocks On The Move - August 11

Stocks Rise on Heavy Volumn:

• Intrawest Corp. (IDR): shares of Vancouver, Canada mountain resort and golf courses operator soared 28.93% to $34.18 per share after the company agreed to be aquired by Fortess for $35 per share. The stock was the biggest winner on NYSE today with 9.24 million shares traded.
• Building Materials Holding Corp.(BMHC): shares of San Franciso, CA based building products maker surged 13.75% to $23.83. It looks like the stock has formed a strong support at $21 and is now ready to move up again. The stock was the seventh leading gainer on Nasdaq today with 5.2 million shares traded.

Stocks Drop on Heavy Volumn:

• Parlux Fragrances Inc. (PARL): shares Ft. Lauderdale, Florida based fragrances and beauty-related products maker were hammered 41.42% to new 52 weeks low of $4.78 per share due to filing delay of the company's quarterly report. The company expected the result to be far below Wall Street estimates. With ROC now at oversold level do expect the stock to bounce back up at least for few sessions. However for the long term the stock is in a very weak market with MACD below 0. The stock was the biggest loser on Nasdaq today with 5.26 million shares traded.
• Mills Corp. (MLS): shares of Arlington, Virgina based shopping center REIT plunged 29.57% to new 52 weeks low of $15.91 on downgrade on accounting error which would slashed $210 million from earnings and quarterly report filing delay. Although there's chance of bounce back with ROC at oversold, with stock still at a long downtrend with MACD below 0, do not expect any huge rally coming soon. The stock was the second leading decliner on NYSE today with 8.75 million shares exchanged hands.

Stocks On The Move - August 10

Stocks Rise on Heavy Volumn:

• Urban Outfitters Inc. (URBN): shares of Philadelphia based speciality teen apparel company jumped 14.19% to $16.01 on rising second quarter revenue. This could the time for the recovery as the stock's up on heavy volumn with KD rising. If the stock can afterward break the 50 day moving avearge, do expect more buyers coming. The stock was the eighth leading gainer and the nineteenth heaviest traded on Nasdaq today with 14 million shares traded.
• Tenet Healthcare Corp.(THC): shares of Dallas, Texas based healthcare service provider surged 13.38% to $6.61 per share after the company reported second quarter results which beat Wall Street estimates. The stock is now back to 50 day moving average. If the stock can break above 50 day moving average we could finally see the recovery coming as KD and MACD now show positive sign as K line on top of D line and MACD above signal line. The stock was the second leading gainer and the fourteenth heaviest traded on NYSE today with 16 million shares traded.

Stocks Drop on Heavy Volumn:

• Rotech Healthcare Inc. (ROHI): shares Orlando, Florida based home medical equipment maker were hammered 60.67% to all time low of $1.18 per share on disappointing second quarter earning plus warning letter from FDA. The stock was the biggest loser of the day with 6.7 million shares traded.
• Movie Gallery Inc. (MOVI): just few months ago the severely punished movie rental company was on its way to huge recovery and had gone from $1.68 per share to as high as $8.75 per share. However most gains evaporated today as surprisingly huge second quarter loss send the stock down 54.1% to $2.97 per share. The gap down today was a very dangerous sign and with MACD falling below 0 and K line about to dropped below D line, expect more sell-off coming. The stock was the second leading decliner and the twelveth heaviest traded on Nasdaq today with 21 million shares exchanged hands.

Stocks On The Move - August 9

Stocks Rise on Heavy Volumn:

• Banta Corp. (BN): shares of Menasha, Wisconsin based printing company soared 35.33% to $46 per share on confirmed hostile bid from Cenveo Inc. for $46 per share. In the previous session the stock has fall to new 2 year low after the company reported dissappointing second quarter result two weeks ago. The stock was the leading gainer on NYSE today with 5.2 million shares traded.
• Cisco Systems Inc. (CSCO): shares of the world's largest network equipment maker jumped 14.38% to $19.78 on better than expected outlook. Buyers saw opportunity after the stock hit base in the previous session while ROC is at oversold level. The stock was the heaviest traded and the nineth leading gainer on Nasdaq today with 221.6 million shares exchanged hands or four times average volumn.

Stocks Drop on Heavy Volumn:

• Allion Healthcare Inc. (ALLI): shares of Melville, NY based pharmacy and disease management services provider plummetted 41.47% to new two year low of $3.5 per share on analyst downgrade as the company missed Wall Stree earnings estimates and cut its earning guidance for the year. With ROC now showing the stock is oversold, do expect some bounce back in the next few days. The stock was the biggest loser on Nasdaq today with 7.2 million shares traded or 23 times times average volumn.
• Hospira Inc. (HSP): shares of Lake Forest, IL based specialty pharmaceuticals product maker tumbled 17.64% to $35.25 per share on declining second quarter profit due to charge relating to becoming an independent company. This ended the rally which began in April of this year. The low ROC at oversold level should attract bargain hunters, yet with MACD now below 0 and K line now below D line don't expect bull rally from the stock for a while. The stock was the third leading decliner on NYSE today with 14.8 million shares exchanged hands.

Stocks On The Move - August 8

Stocks Rise on Heavy Volumn:

• Priceline.com Inc. (PCLN): shares of online travel company surged 16.81% to near 52 weeks high of $30.85 per share after analyst raised profit estimate for the travel site after the company posted better than expected third quarter earnings. The stock is now abck at the resistence and if the stock can break above the resistence on rising KD we should see higher price soon. The stock was the fifth leading gainer on Nasdaq today with 6.12 million shares traded.
• Aleris International Inc.(ARS): shares of Beachwood, Ohio based aluminum products manufacturer soared 27.69% to new 52 weeks high of $52.85 per share on takeover by Texas Pacific Group for $1.7 billion or $52.5 per share. The stock was the biggest winner on NYSE today with 5.2 million shares traded.

Stock Drop on Heavy Volumn:

• Brocade Communications Systems Inc. (BRCD): shares of San Jose, CA based storage networking equipment maker plunged 18.4% to $5.01 on $713 million buyout for McData which raised questions from analysts. This ended the bull market run which began last November. The stock is now at a weak market with price below 200 day moving average with MACD now below 0 showing bear market. The stock was the seventh leading decliner and the third heaviest traded on Nasdaq today with 69 million shares traded.
• United Rentals Inc. (URI): shares of Greenwich, CT based construction and industrial equipment rental company tumbled 18.3% to $21.96 per share after the company reported earning of $56 million or 51 cents per share, far less than analysts estimate of 63 cents per share. The 50 day moving average is about to dropped below 200 day moving average showing the stock is entering into a really weak market with MACD below 0 indicating bear market. The stock has dropped way below the support at $25 and the next support is at $20. The stock was the biggest loser on NYSE today with 8.49 million shares exchanged hands.

Stocks On The Move - August 7

Stocks Rise on Heavy Volumn:

• Andrew Corp. (ANDW): shares of Westchester, Illinois based communication equipment maker soared 21.17% to $9.56 per share on buyout by CommScope for $1.51 billion or $9.5 per share. This was a counter offer of ADC's $6.97 per share bid. The stock was the fifth leading gainer on Nasdaq today with 34.3 million shares traded, the seventh heaviest traded on Nasdaq.
• AES Corp.(AES): shares of Arlington, Virgina based electric power company surged 9.97% to $20.07 per share as the company's second quarte rprofit almost doubled on surging revenue from all its businesses. The stock has been on uptrend this year with MACD still above 0 indicating bull market. Do expect the stock to rise much higher as KD is about to rise again. The stock was the third biggest winner on NYSE today with 10.3 million shares traded.

Stock Drop on Heavy Volumn:

• Hansen Natural Corp. (HANS): shares of Corona, CA based beverages maker plunged 25.84% to $29.85 per share after the company reported second quarter earnings that didn't surpass analysts estimation and failed to impress investors. The decline which began last Thursday ended the rally which began in 2003 at $4 per share and went as high as $210 per share. With the 2 for 1 split in August of 2005, this rally gave happy investors 10,400% return in just three years. The stock is now back at 200 day moving average with ROC now showing stock is being oversold. However with MACD now below 0, the downtrend for the high flying stock is probably coming. The stock was the second biggest loser and the third heaviest traded on Nasdaq today with 45 million shares traded.
• Mylan Laboratories Inc. (MYL): shares of Canonsburg, PA based drug maker tumbled 13.43% to $19.92 on analyst downgrade citing competition concern for a painkiller. From the technical point of view the stock became weak in mid June when 50 day moving average dropped below 200 day moving average to form death cross - a bearish signal. Although rising KD has sparked rally in the second half of July, today's sell-off has pushed the stock back to support at $20 per share. The stock was the second leading decliner on NYSE today with 17 million shares exchanged hands.

Stocks On The Move - August 4

Stocks Rise on Heavy Volumn:

• Scottish Re Group Ltd. (SCT): the Bermuda based life insurance company was on the hot list again as it surged 10.32% to $7.48 per share, up almost 100% since it was hammered to new low of $3.99 on July 31 due to resignation of the company's president and chief executive. The company on Friday announced it may be up for sale. The rally looks like isn't over as ROC is still at oversold level. The stock was the eighth leading gainer on NYSE with 8.4 million shares traded.
• Chiquita Brands International Inc.(CQB): shares of Cincinnati, Ohio based bananas products company soared 26.34% to $16.93 per share after the company posted second quarter earnings which beat Wall Street's estimates. The stock has reversed the downtrend and is heading to 200 day moving average. If the stock can top over 200 day MA and bring MACD back above 0 to bull market, expect the stock to go much higher in the next few months. The stock was the second leading gainer on NYSE today with 5.27 million shares traded.

Stock Drop on Heavy Volumn:

• ICAgen Inc. (ICGN): shares of Durham, North Carolina based biopharmaceutical company were hammered hard by 73.58% to all time low of $1.12 per share after the company cut patient enrollment in a late-stage study. The stock was oversold as RoC is at record low and should expect some bounce backs. The stock was the biggest loser on the market today with 10.9 million shares traded.
• Kinetic Concepts Inc. (KCI): shares of San Antonio based wound care product maker plunged 41.4% to new low of $24.95 per share on losing the patent case for its wound-care system. This was the second time the stock plunged for the past 52 weeks as last October the stock plummetted from $56 to $35 in two days. Now since ROC is at oversold level do expect recovery for some time. The stock was the worst performer on NYSE today with 13.6 million shares exchanged hands.

Stocks On The Move - August 3

Stock Rise on Heavy Volumn:

• Visteon, Corp. (VC): the Van Buren Township, Michigan based auto part maker soared 28.11% to $8.75 per share on bullish comment from analyst citing low share price and possible take-over. The stock may expect some profit taking as ROC is at overbought level. Howevwer this should be the beginning of new rally as the stock has broke the recent resistence at $8. The stock was the biggest winner on NYSE today with 14 million shares traded.
• OfficeMax Inc.(OMX): share of major office supplies retailer surged 12.97% to 52 weeks high of $44.42 per share after the company posted strong second quarter and also expected better operating income for the year. This is a great time to keep buying the stock as K line is about to cross on top over D line indicating buy signal. The stock is the sixth leading gainer on NYSE today with 5.5 million shares traded.

Stocks Drop on Heavy Volumn:

• Eclipsys Corp. (ECLP): shares of Boca Raton, Florida based healthcare information technology company plunged 24.87% to new 52 weeks low of $14.74 per share on reduced outlook due to fewer license sales despite posting profit for the second quarter. The stock has broke the recent support and is now at new support around $15 per share. If the stock cannot hold this base it will test the next support around $13. The stock was the third leading decliner on Nasdaq today with 10.8 million shares exchanged hands.
• DRS Technologies Inc.(DRS): shares of Parsippany, NJ based defense electronics maker tumbled 16.97% to new 52 weeks low of $38.86 per share after the company cut its full-year earnings outlook despite posting strong first quarter profit. The stock should be expected to rebound as ROC is now showing the stock is being oversold. The stock was the second biggest loser on NYSE today with 6 million shares exchanged hands.

Stocks On The Move - August 2

Stock Rise on Heavy Volumn:

• Pozen, Inc. (POZN): the Chapel Hill, North Carolina based chronic pain drug maker soared 39.39% to $10.44 on partnership with pharmaceutical giant AstraZeneca worth $375 million. The surge began on Monday when the company submitted full response to FDA's approvable letter for Trexima. Last Friday the stock just reached near 52 weeks low of $6.07 per share but has since gained nearly 100%. The stock is now back at first resistence at $10 so it is better to wait a few days before making any buying or selling decision. The stock was the biggest winner on Nasdaq today with 8.77 million shares.
• ValueClick Inc. (VCLK): shares of Westlake Village, CA based online advertising company surged 23.26% on analyst upgrade after the company reported soaring second-quarter earnings on Tuesday. The surge ended the downtrend so this is now a good time to buy the stock for the long term. There maybe some profit taking for the short term as ROC indicates overbuy but any bounce back would mean buying opportunity. The stock was the eighth leading gainer on Nasdaq today with 9 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Biovail Corp. (BVF): shares of Canadian specialty pharmaceutical comapny plunged 24.73% to new 52 weeks low of $15.77 on patent ruling against the company. Now that the stock is back to support level at $15 per share we may see some bargain hunting as ROC is also at oversold level. The stock was the biggest loser on NYSE today with 8.5 million shares traded.
• Rambus Inc.(RMBS): in late June the leading memory chips maker tumbled 11.15% due to accounting glitches. Today shares plumetted 25.5% to near 52 weeks low of $12.65 per share after FTC found monopoly practice from the company. The stock may kept falling until it hits support at $10 on weak MACD below 0. But once it hit 0, look for bargain hunter to come in. the stock was the third leading decliner and the nineth heaviest traded on Nasdaq today with 27.5 million shares exchanged hands.

Stocks On The Move - August 1

Stocks Rise on Heavy Volumn:

• Scottish Re Group Ltd. (SCT): yesterday the Bermuda based life insurance company hit new low of $3.99 after it was hammered 75.06% due to second quarter earning warning with resignation of the company's president and chief executive. Since ROC were at record low, we predicted a bounce back today. The rebound was overwhelming as the shares skyrocketted 71.43% to $6.84 per share. The stock probably won't go back to $15 per share and the next few sessions would determine how the stock would do for the next few weeks. The stock was the best performer of the day and the fourth heaviest traded on NYSE with 37 million shares traded, more than the shares traded yesterday.
• Cendant Corp.(CD): shares of New York based travel and real estate services provider surged 22.61% to $2.44 per share on first day trading of its hotel and real estate businesses spin-offs. The stock was the fourth leading gainer and the heaviest traded on NYSE today with 80.7 million shares traded.

Stock Drop on Heavy Volumn:

• Cyberonics Inc. (CYBX): shares of Houston, Texas based neuromodulation company plunged 25.85% to new 52 weeks low of $15.89 per share as the company saw first quarter sales to be short of analysts estimate and also received nocompliance notice from Nasdaq because it missed the first-quarter filing deadline. Since the stock has broke the near term base of $20 it would be better to sell the stock whenever there's a bounce back which is expected as ROC is at oversold level. The stock was the second biggest loser on Nasdaq today with 5.5 million shares traded.
• Powerwave Technologies Inc. (PWAV): shares of Santa Ana, CA based wireless communication equipment maker on downgrades after the company reported disappointing second quarter result and issued weak outlook. The stock has dropped below the 2 year support and is testing the next support at $5 per share. Since the stock is currently in downtrend, it's best to sell the stock when there's a rebound. The stock was the fifth leading decliner and the eighth heaviest traded on Nasdaq today with 27 million shares exchanged hands.