Stocks On The Move - September 29

Stocks Rise on Heavy Volumn:

• Research In Motion Ltd. (RIMM): shares of BlackBerry maker surged 19.28% to $102.65 on strong second quarter earning and bullish third quarter outlook. The stock reached 52 weeks high of $104.5 during the session. The stock is now in a strong bull market as 50 day MA has just crossed above 200 day MA with MACD above 0 indicating bull market. The stock was the fourth leading gainer and the seventh heaviest traded with 34.4 million shares traded.
• BARE ESCENTUALS (BARE): shares of natural cosmetics manufacturer soared 23.41% to $27.15 per share on first day of trading. The stock was initially priced at $22 per share.

Stock Drop on Heavy Volumn:

• Labopharm Inc. (DDSS): shares of Canada based pharmaceutical company plunged 22.69% to $5.65 per share after receiving approvable letter from FDA. The stock was the third leading decliner on Nasdaq today with 5.29 shares traded.
• Chemed Corp. (CHE): shares of Cincinnati, Ohio hospice care services provider tumbled 17.15% to $32.26 per share after cutting its earnings outlook for 2006. The technical chart shows the stock is in a weak market with MACD below 0 and 50 day MA below 200 day MA. The stock was the biggest loser on NYSE today with 4.11 million shares traded.

Stocks On The Move - September 28

Stocks Rise on Heavy Volumn:

• Align Technologies Inc. (ALGN): shares of Santa Clara, CA based teeth misalignment treatment provider soared 48.21% to $11.56 per share on patent dispute settlement with competitor OrthoClear. The stock reached new 52 weeks high of $13.34 per share earlier in the day. With MACD above 0 and KD at 80, the stock is now at a strong market. However with ROC showing stock is overbought there could be some profit taking. The stock was the biggest winner and the twelveth heaviest traded on Nasdaq today with 24.56 million shares traded.
• Accenture Ltd.(ACN): shares of leading consulting company gained 7.63% to $31.6 per share after the company announced 51% jump in profit for the fourth quarter. The technical chart is showing the stock is in bull market rally with K line on top over D line and MACD above 0. The stock was the fourth leading gainer on Nasdaq today with 8.78 million shares traded.

Stock Drop on Heavy Volumn:

• TVIA Inc. (TVIA): shares of Santa Clara, CA based maker of display processors for digital tv plunged 58.86% to $1.44 per share after the company warned huge revenue drop for the second quarter. The stock has reversed its course from bull market to bear market but has chance to recover some of the loss as ROC is showing the stock is oversold. The stock was the biggest loser on Nasdaq today with 5.27 million shares traded.
• Zhone Technologies Inc. (ZHNE): shares of Oakland, CA based communication equipment maker tumbled 24.29% to 52 weeks low of $1.06 per share after the company cut it's third-quarter outlook due to weakness in its international business. With ROC now showing the stock is oversold there's chance that the stock may bounce back up. The stock was the second leading decliner on Nasdaq today with 7.53 million shares traded.

Stocks On The Move - September 27

Stocks Rise on Heavy Volumn:

• Foxhollow Technologies Inc. (FOXH): shares of Redwood City, CA based medical device maker for artery disease treatment soared 20.37% to $32.8 per share after pharmaceutical giant Merck is buying an 11% stack of the company. The stock was the second biggest winner on Nasdaq today with 5.91 million shares traded.
• DIVX(DIVX): shares of San Diego based video software maker surged 19.31% to $21.63 per share. The stock began trading last Friday with IPO price at $16 per share. The stock was the third leading gainger on Nasdaq today with 7.32 million shares exchagned hands.

Stock Drop on Heavy Volumn:

• Red Hat Inc. (RHAT): shares of maker of Linux - a computer operating system, plunged 23.21% to $20.21 per share on huge profit drop for the second quarter. The stock is now in weak makret as K line has dropped below D line and the stock is now below 50 day and 200 day moving average. The stock was the second leading decliner and the sixth heaviest traded on Nasdaq today with 62.82 million shares traded.
• Acorda Therapeutics Inc. (ACOR): after gaining 400% in just two days, profit taking send shares of Acorda Therapeutics down 18.18% to $9 per share. The ROC is showing the stock is way overbought which triggered the sell-off. The stock was the fourth leading decliner on Nasdaq today with 7.56 million shares traded.

Stocks On The Move - September 26

Stocks Rise on Heavy Volumn:

• Acorda Therapeutics Inc. (ACOR): after soaring 282.88% in the previous session on positive clinical trial data, shares of Acorda Therapeutics rose another 29.41% to $11 per share, gaining almost 400% in just two days. The stock was the second leading gainer on Nasdaq today with 24.7 million shares traded.
• Siga Technologies Inc.(SIGA): shares of New York based biological warfare defense drug maker jumped 53.79% to $1.63 per share after winning multi-year contract from Defense Department. The stock is now back around resistence which was set earlier in May. Although ROC shows stock is overbought and could trigger some profit taking, the stock has the chance to be back to bull market rally with K line on top over D line and MACD now back above 0. The stock is the top winner on Nasdaq today with 5.99 million shares exchagned hands.

Stock Drop on Heavy Volumn:

• CytRx Corp. (CYTR): shares of Los Angeles, CA based biopharmaceutical research company plunged 26.23% to $1.35 per share. Although the mid-stage study of the company's Lou Gehrig's treatment drug showed positive sign, investors dumped the stock as it shows no statistical significance on disease progression. The stock is now back to support and the next few days could be critical as MACD still showing positive signal yet KD is showing weak sign with K line now crossed below D line. The stock was the second leading decliner on Nasdaq today with 5.36 million shares traded.
• Advanced Medical Optics Inc. (EYE): shares of Santa Ana, CA based eye surgery products maker tumbled 16.31% to $38.75 per share after the company cut its 2006 outlook. The stock is in very weak market now with MACD below 0, K line below D line and stock below both 50 day and 200 day MA. The stock was the biggest loser on NYSE today with 19.7 million shares traded.

Stocks On The Move - September 25

Stocks Rise on Heavy Volumn:

• Acorda Therapeutics Inc. (ACOR): shares of Hawthorne, New York based biopharmaceutical company skyrocketted 282.88% to new 52 weeks high $8.5 per share on positive late-stage clinical trial of its multiple sclerosis drug. The stock is the biggest gainer and the fourteenth heaviest traded on Nasdaq today with 23.7 million shares traded.
• Warrior Energy Service Corp.(WARR): shares of Columbus, Mississippi based natural gas and oil well services company soared 68.9% to $24.22 per share as the company is bought by Superior Energy for $358 million or $26.33 per share. The stock was the second leading gainer on Nasdaq today with 5.14 million shares traded.

Stock Drop on Heavy Volumn:

• Microsemi Crop. (MSCC): shares of Irvine, CA based semiconductor company tumbled 13.97% to new 52 weeks low of $19.59 per share on analyst downgrade due to lowered fourth quarter outlook. Now that ROC is showing the stock is oversold, the stock will bounce back soon as KD is also at the low. The stock was the second leading decliner on Nasdaq today with 7.79 millon shares traded.
• Revlon Inc. (REV): shares of New York, NY based cosmetics product maker dropped 12.1% to $1.09 per share on job cut and canceling of new cosmetics line. With K line now below D line the stock may continue to go down. The stock was the fourth biggest loser on NYSE today with 7.02 million shares exchanged hands.

Stocks On The Move - September 22

Stocks Rise on Heavy Volumn:

• Cognos Inc. (COGN): shares of Ottawa, Canada based business intelligence software maker surged 9.92% to $35.11 per share on strong earning result for the second quarter. The stock was on the top performing list on Nasdaq today with 9.12 million shares traded or six times average volumn.
• Tribune Co.(TRB): shares of Chicago, IL based newspaper publishing company gained 6.05% or $1.94 to $33.99 per share as the company plans to either sale, breakup or buyout. The stock was the third leading gainer on NYSE today with 6.83 million shares traded, or three times average volumn.

Stock Drop on Heavy Volumn:

• Informatica Crop. (INSP): shares of Redwood City, CA based enterprise data integration software maker tumbled 10.83% to $12.93 on downgrade from Goldman Sachs analyst. The stock was the tenth leading decliner on Nasdaq today with 6 million shares traded.
• Boston Scientific Corp. (BSX): shares of Natick, MA based medical devices maker lost 9.23% to 52 weeks low $14.85 per share on third quarter profit warning. The stock was the third leading decliner and the heaviest traded on NYSE today with 75 million shares traded.

Stocks On The Move - September 21

Stocks Rise on Heavy Volumn:

• OraSure Technoogies Inc. (OSUR): shares of Bethlehem, PA based oral fluid specimen collection devices maker soared 21.83% to $8.54 per share after federal government recommended routine testing of HIV for all Americans between ages of 13 to 64. The stock has been on a rally on rising KD. However the stock is still slightly weak as MACD signal is below 0 and the 50 day MA is still below 200 day MA. The stock was the third best performer on Nasdaq today with 15.8 million shares traded.
• Gymboree Corp.(GYMB): shares of children's clothing retailer surged 12.67% to new 52 weeks high of $42.78 per share after the company raised guidance for the third quarter and the year due to strong sales in September. The stock is in a strong and long bull market rally as MACD is above 0 and K line is on top of D line while 50 day and 200 day MA have been rising for a year. The stock was the eleventh leading gainer on Nasdaq today with 5.19 million shares exchagned hands.

Stock Drop on Heavy Volumn:

• InfoSpace Inc. (INSP): shares of Bellevue, Washington based mobile entertainment company plunged 21.8% to new 52 weeks low of $17.68 per share after the company announced that one of its biggest wireless carrier will stop purchasing ringtones from the company next year. With ROC now showing stock is oversold, bargain hunters may come. Yet the stock for the long term is still in weak market. The stock was the third biggest loser on Nasdaq today with 6.43 million shares traded.
• CVS Corp. (CVS): shares of nationwide drug store chain tumbled 8.35% to $32.47 per share after Wal-Mart cut price of generic prescription drugs to $5 in Florida stores. KD is showing weakness as K line is below D line. Yet MACD shows the stock is still in bull market as MACD signal is still above 0. The stock was the third leading decliner and the heaviest traded on NYSE today with 42.73 million shares traded.

Stocks On The Move - September 20

Stocks Rise on Heavy Volumn:

• CytRx Corp. (CYTR): shares of Los Angeles, CA based biopharmaceutical research company soared 29.41% to $1.76 per share after the company received $24.5 million on royalty agreement. The stock has been back to uptrend since August and with K line on top of D line again the stock should continue to go up to test the resistence around $2. The stock was the biggest winner on Nasdaq with 3.3 million shares exchanged hands.
• Eagle Materials Inc.(EXP): shares of Dallas, Texas based gypsum wallboard and cement maker surged 12.5% to $38.43 per share on huge insider buying. The stock is currently on a rally as K line is on top of D line. However the stock is overall a bit weak as MACD is below 0. The stock was the second biggest winner on NYSE today with 3.75 million shares traded.

Stock Drop on Heavy Volumn:

• Genta Inc. (GNTA): after three days of surge which brought shares the biopharmaceutical company from 53 cents per share to as high as $1.1 per share, a 100% increase in three days, shares plunged 31.82% to 75 cents per share after the company announced it will sell 20 million shares to institutional investors for $16 million. Although the stock is weak as 50 day moving average is below 200 day MA and MACD is below 0, with K line on top of D line now the stock may probably bounce back soon. The stock was the biggest loser and the sixth heaviest traded on Nasdaq today with 59 million shares traded.
• Diamond Offshore Drilling Inc. (DO): shares of Houston based oil and gas drilling company lost 6.5% to $67.46 per share. The stock is now in a weak market as 50 day MA has dropped below 200 day MA in early August and MACD is still below 0 showing negative signal. The stock was the fourth leading decliner on NYSE today with 6,3 million shares traded.

Stocks On The Move - September 19

Stocks Rise on Heavy Volumn:

• Continental Airlines Inc. (CAL): shares of the nation's fifth-largest airline company rose 4.96% to $30.28 per share as oil price dropped below $62 per barrel. The stock is back to bull market rally as MACD is above signal line and K line is on top of D line. In addition with stock now back above 50 day and 200 day MA do expect more upside coming. The stock is the eighth best performer on NYSE today with 4.6 million shares traded.
• Napster Inc.(NAPS): shares of Santa Clara, CA based online music provider surged 12.96% to $4.01 per share on possible sale of the company. The stock is back to bull market as stock is above 50 day and 200 day MA and MACD is back above 0. In addition with K line on top of D line the stock should continue to go higher. The stock was the eighth leading gainer on Nasdaq today with 5.12 million shares traded.

Stocks Drop on Heavy Volumn:

• Cell Therapeutics Inc. (CTIC): shares of Seattle based cancer treatment product maker tumbled 15.87% to $1.75 per shar as the company offered 23 million shares for $1.73 per share. The stock has been on a rally since August on rising KD and MACD back above 0. Today's action put the stock back to 200 day MA and also reverse the KD trend. Watch for few days before make any investment decision on the stock. The stock was the third leading decliner and the tenth heaviest traded on Nasdaq today with 30.48 million shares exchanged hands.
• Yahoo Inc. (YHOO): shares of leading online portal plunged 11.21% to near 52 weeks low of $25.75 per share after the company lowered earning guidance. The stock is now back near the support at $25 per share. At this point it may go either way but if it turns south escape from the stock asap. The stock was the tenth leading decliner and the second heaviest traded on Nasdaq today with 127.7 million shares traded.

Stocks On The Move - September 18

Stocks Rise on Heavy Volumn:

• Generex Biotechnology Corp. (GNBT): shares of Toronto, Canada based bird flu vaccine maker soared 20.42% to $1.71 per share after the company announced distribution of its new Glucose product. The technical chart shows rally is probably coming as K line is on top of D line. The stock was the top performer on Nasdaq today with 7.24 million shares traded.
• Symbol Technologies Inc. (SBL): shares of Holtsville, NY based bar code scanner maker surged 15.42% to $14.67 per share on possible acquisition by Motorola. The stock is about to be back to bull market rally with MACd above 0 and K line on top of D line. The stock was the leading gainer on NYSE today with 13.42 million shares exchanged hands, about six times of average volumn.

Stocks Drop on Heavy Volumn:

• First Data Corp. (FDC): shares of Greenwood Village, Colorado based electronic payment service provider tumbled 7.61% to $41.25 per share after the company issued a disappointing forecast for its Western Union business. The stock has been rising since mid August as K line has crose on top over D line. However today's drop probably will bring the stock back to weak market as K line is now below D line. The stock was the third leading decliner and the third heaviest traded on NYSE today with 32.98 million shares traded, about 8 times average volumn.
• Gevity HR Inc. (GVHR): shares of Bradenton based staffing service company plunged 13.66% to $20.92 per share after the company lowered its guidance for the year. The stock is now very weak with K line below D line and MACD below 0. The stock was the fourth leading decliner on Nasdaq today with 3.16 million shares traded.
  

Stocks On The Move - September 15

Stocks Rise on Heavy Volumn:

• InterContinental Exchange, Inc. (ICE): shares of Atlanta based marketplace operator for energy futures trading soared 15.04% to $74.35 per share after the company agreed to buy New York commondities exchange for $1 billion. The stock is currently on an uptrend and with MACD above 0 showing bull market it is still a good time to continue buying the stock. The stock was the second leading gainer on NYSE with 6.08 million shares traded.
• Aastrom Biosciences Inc. (ASTM): shares of stem cell research company surged 12.82% to $1.33 per share as the company reported promising result on clinical trial. With K line now on top over D line and MACD about to rise above 0, the stock may have the chance to go higher. The stock was the thirteenth leading gainer on Nasdaq today with 6.03 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Ford Motor Co. (F): shares of the nations number two auto maker plunged 11.77% to $8.02 per share on job cuts and plants closure. This may ended the rally which began in July as K line is now below D line showing sell signal. The stock was the biggest loser and the heaviest traded on NYSE today with 190.6 million shares traded.
• Publi Service Enterprise Group Inc. (PEG): shares of Newark, New Jersey based electric and gas utility company lost 6.27% to $62 as the merger with Exelon collapsed. The stock is very weak and may continue to drop as K line failed to cross on top of D line and MACD is below signal. The stock was the fifth leading decliner on NYSE today with 13.25 million shares traded.

Stocks On The Move - September 14

Stocks Rise on Heavy Volumn:

• Transmeta Corp. (TMTA): shares of Santa Clara, CA based energy efficient CPU maker surged 12.82% to $1.32 on new analyst coverage. The stock is now back at 50 day moving average and may continue to go up as K line is now on top of D line indicating buy signal. The stock was the eleventh leading gainer on Nasdaq today with 6.38 million shares traded or more than three times average volumn.
• Hansen Natural Corp. (HANS): shares of Corona, CA based beverages maker surged 12.16% to $33.38 per share on upgrade by Goldman Sachs. The stock could now reverse the downtrend as now K line is on top of D line indicating buy signal. The stock was the thirteenth leading gainer and also the thirteenth heaviest traded on Nasdaq today with 20 million shares traded.

Stocks Drop on Heavy Volumn:

• Arch Coal Inc.(ACI): shares of St. Louis, Missouri based coal mining company tumbled 8.13% to new 52 weeks low of $27.56 per share. The downtrend of the stock hasn't stopped yet so it is still now the time to buy as the stock is very weak since 50 day moving average is below 200 day moving average. The stock was the eighth leading decliner on Nasdaq today with 6.78 million shares traded.
• Coeur d'Alene Mines Corp. (CDE): shares of Coeur d'Alene, Idaho based silver and gold mining company dropped 6.15% to $4.58 per share on weakening gold price. The stock is now back to support but the weak KD may push the stock lower. The stock was the fifteen leading decliner on NYSE today with 8.73 million shares exchanged hands.

Stocks On The Move - September 13

Stocks Rise on Heavy Volumn:

• Peabody Energy Corp. (BTU): shares of St. Louis, Missouri based coal company surged 9.58% to $38.43 per share as the stock rebounded from two weeks of decline. The stock has the chane to began new rally as K line is about to cross on top over D line at low level below 20. The stock was the seventh leading gainer on NSYE today with 13.67 million shares traded.
• Energy Conversion Devices Inc. (ENER): shares of Rochester Hills, Michigan based solar cell maker jumped 12.76% to $37.2 per share on better than expected earning report. The stock is back to rally as K line has just cross on top of D line. Another good news is that MACD is back above 0 and the stock is back above 50 day moving average. The stock was the sixteenth leading gainer on Nasdaq today with 6.26 million shares traded.

Stocks Drop on Heavy Volumn:

• International Coal Group Inc (ICO): shares of steam and metallurgical coal company plunged 13.56% to new 52 weeks low of $4.78 per share after the company cuts production and profit forecast for the year due to mounting cost. The stock is still very weak overall as is is trading below 50 day moving average with 50 day MA still falling. The stock ws the second biggest loser on NYSE today with 7.59 million shares exchanged hands.
• Cardiome Pharma Corp. (CRME): shares of Vancouver, Canada based cardiovascular diseases drug maker tumbled 11.34% to $11.8 per share as the heart drug test data fell short of investor's expectations. With ROC now showing the stock is oversold, it has the chance to bounce back as the stock is back at 50 day MA and MACD is showing stock is still strong. The stock was the nineth leading decliner on Nasdaq today with 5.74 million shares traded.

Stocks On The Move - September 12

Stocks Rise on Heavy Volumn

• Continental Airlines Inc. (CAL): shares of the nation's fifth-largest airline company surged 10.3% to $28.16 per share on dropping oil prices. Rising KD since mid August has also helped the recent rally. Now the stock is back above 50 day moving average we could probably see more positive things happening. The stock is the six best performer on NYSE today with 6.4 million shares traded.
• AMR Corp. (AMR): the easing oil price definitely helped a lot of the airline company including American Airline which saw its shares gained 9.74% to $22.2 per share. This brings a little relif after the stock been tumbled recently from more than $25 in early July to less than $20 in early August. However the stock is still weak as 50 day moving average is still below 200 day moving average. The stock was the tenth leading gainer on NYSE today with 13 million shares traded.

Stocks Drop on Heavy Volumn

• Kroger Co. (KR): shares of the nations leading grocery chain lost 5.52% to $22.75 per share despite posted a strong earning for the second quarter. There is the possibility that the stock could bounce back up tomorrow as ROC is showing oversold and the stock is back around 50 day moving average. The stock was the fourth leading decliner on NYSE today with 8.26 million shares traded.
• Hypercom Corp. (HYC): shares of Phoenix, Arizona based electronic payment product company tumbled 10.74% to $7.23 per share. The stock has been on the downtrend since May and now that the stock is below 200 day moving average it may not be a good idea to keep holding the stock. The stock was the second biggest loser on NYSE today with 3.6 million shares traded.

Stocks On The Move - September 11

Stocks Rise on Heavy Volumn:

• NS Group Inc. (NSS): shares of Newport, KY oil and natural gas drill pipe maker soared 39.35% to 52 weeks high of $64.31 per share as the company would be acquired by Ipsco Inc. for $1.46 billion or $66 per share. The stock was the biggest winner on NYSE today with 5.53 million shares traded.
• Freescale Semiconductor Inc. (FSL): shares of Austin, Texas based embedded semiconductor company surged 20.52% to new 52 weeks high of $37.06 per share as two private investment firms are set to buy the company for at least $16 billion. The stock was the second leading gainer and the third heaviest traded on NYSE today with 38 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• EuroZinc Mining Corp. (EZM): shares of Vancouver, Canada based metal mining company tumbled 12.77% to $2.46 per share. With ROC now hitting oversold mark, the stock has the change to bounce back up tomorrow. The stock was the fifth leading decliner on AMEX today with 5.43 million shares traded.
• Silver Wheaton Corp. (SLW): this is the second Vancouver based mining company on the down side today. Shares lost 9.49% to $9.92 per share due to dropping precious metal prices. Since the stock is till in the bull market as both 50 day and 200 day moving average are heading up, today's drop which brought the stock back to 50 day moving average should actually brought buyers back. The stock was the fifth leading decliner on NYSE today with 4.08 million shares exchanged hands.

Stocks On The Move - September 8

Stocks Rise on Heavy Volumn:

• Cooper Tire & Rubber Co. (CTB): shares of Findlay, Ohio based replacement tire manufacturer surged 15.11% to $11.2 as the company outlined cost cutting and profit imporvement plan. The stock has been rising as KD has climbed to recent high. Now that MACD is back above 0 the stock may continue to head higher. The stock was the biggest winner on NYSE today with 5.94 million shares traded.
• U.S. Global Investors, Inc. (GROW): shares of San Antonio, Texas based mutul fund management service provider jumped 10.03% to $30.83 per share as the company reported record earning with sevenfold increase in earnings for the year 2006. The stock is in a strong bull market with MACD above signal and stock above 50 day and 200 day moving average. However with ROC showing stock is overbought, there's chance of profit taking. The stock was the twelveth leading gainer on Nasdaq today with 5.26 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• AirTran Holdings Inc. (AAI): shares of Orlando, Florida based regional airline company tumbled 11.15% to $9.48 per share after the company lowered the third quarter revenue guidance due to softening demands. The stock may bounce back as it is back to support set back last year and ROC showing stock is oversold. The stock was the second leading decliner on NYSE today with 9.3 millin shares traded.
• Shuffle Master Inc. (SHFL): shares of Las Vegas, Nevada based card shuffler maker dropped 9.91% to $24.26 per share on disappointing third quarter result. ROC shows the stock is oversold and as the stock is back to support for the year there's possibility that the buyer may come. The stock was the tenth leading decliner on Nasdaq today with 6.76 million shares traded.

Stocks On The Move - September 7

Stocks Rise on Heavy Volumn:

• GigaMedia Ltd. (GIGM): shares of Taiwanese online game portal and broadband service provider soared 15.17% to new 52 weeks high of $11.16 per share. The stock is in a very strong bull market and may even hit $15 by the end of this year. The stock was the seventh leading gainer on Nasdaq today with 5.6 million shares traded.
• Hovnanian Enterprises Inc. (HOV): shares of Red Bank, New Jersey based residential home builder rose 6.36% to $27.09 despite continuing negative housing news. The stock is back to a critical point as 50 day moving average. If the stock can break above the moving average it could be back to new rally, otherwise the stock may fall back to $25 per share. The stock was the third leading gainer on NYSE today with 5.26 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Matek Biosciences (MATK): maker of nutritional oils used in baby formula saw its stock price plunge 24.74% to $21.54 on weak outlook. With ROC now showing the stock is oversold, there's the chance of bounce back for a while. However the stock has turned from bull market to bear market so for the long term it is not a good idea to hold the stock. The stock was the biggest loser on Nasdaq today with 12.95 million shares traded.
• Peabody Energy Corp. (BTU): shares of St. Louis, Missouri based coal company lost 5.19% to $40.39 per share due to weak forecast of coal production. The stock may continue to fall as technical indicator such as KD, MACD and moving average all show bearish signal. The stock was the eighteenth heaviest traded on NYSE today with 14.37 million shares traded.

Stocks on The Move - September 6

Stocks Rise on Heavy Volumn:

• Pegasus Wireless Corp. (PGWC): after three days of sell-off, shares of Fremont, California based wireless hardware software provider bounced back up 10.6% to $1.67 per share. The stock plunged from $5.15 in late August to as low as $1.1 per share. The stock was the thirteenth leading gainer on Nasdaq today with 8 million shares traded.
• Hanesbrands Inc. (HBI): shares of clothing designer and manufacturer surged 6.62% to $21.11 per share on day of debut. The stock was the sixth leading gainer on NYSE today with 7.6 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Genta Inc. (GNTA): the sell-off contiues for the disasterous biopharmaceutical company as it plunged 40.73% again today, adding to the 38.23% slide yesterday to yet another 52 weeks low of 51 cents per share on FDA's rejecction on company's cancer drug. Heavy volumn of 29.6 million shares have traded.
• Redback Networks Inc. (RBAK): shares of the San Jose, California based telecommunications equipment maker tumbled 16.08% to $14.09 per share on analyst downgrade saying the company is unlikely to win a deal from Verizon. The stock was the fifth leading decliner on Nasdaq today with 13 million shares traded.

Stocks On The Move - September 5

Stocks Rise on Heavy Volumn:

• Crystallex International Corp. (KRY): shares of Toronto, Canada based gold mining company soared 18.28% to $3.43 per share on rising gold future. Despite weakness as 50 day moving average is below 200 day moving average, the stock has been doing well recently on rising KD. The stock was the second leading gainer on AMEX today with 9.4 million shares traded, the sixth heaviest traded also on AMEX.
• Devon Energy Corp.(DVN): shares of Oklahoma City, Oklahoma based oil and gas company surged 12.46% to $72.14 per share on new oil field discovery beneath the Gulf of Mexico. The stock is back to a strong bull market with 50 day moving average crossed on top of 200 day moving average while KD is rising and MACD is on top of 0. The stock was the fourth best performer and third heaviest traded on NYSE today with 25.3 million shares traded.

Stocks Drop on Heavy Volumn:

• Adolor Corp. (ADLR): shares of Exton, Pennsylvania based biopharmaceutical company plunged almost half by 45.33% to $13.65 per share on disappointing trial result. The stock may bounce back tomorrow as ROC shows the stock is oversold. The stock was the biggest loser and the twelveth heaviest traded on Nasdaq today with 24.8 million shares exchanged hands.
• Genta Inc. (GNTA): shares of the Berkeley Heights, NJ based biopharmaceutical firm plummetted 38.23% to new 52 weeks low of 86 cents per share on questioning from FDA over the company's Leukemia drug trial. ROC is showing the stock has been oversold. However with MACD below 0 and K line below D line do expect more sell-off coming soon. The stock was the second leading decliner and the fourth heaviest traded on Nasdaq today with 43 million shares traded.

Stocks On The Move - September 1

Stocks Rise on Heavy Volumn:

• VeriFone Holdings Inc. (PAY): shares of the San Jose, California base electronic payment device maker soared 22.98% to $28.47 per share as the company posted better than expected third quarter result and issued bullish forecast for 2007. KD show possible rally as K line is on top of D line. However with MACD still below 0 and ROC is at overbuy level, do expect profit taking soon. The stock was the biggest winner on NYSE today with 4.4 million shares traded.
• Titanium Metals Corp. (TIE): shares of the Dallas, Texas based titanium product maker rose 7.09% to $27.63 per share on new dividend distribution of $0.84375 per share. Now that K line is on top over D line again the stock has chance to go back to new rally. But wait before you buy the stock until the stock can break above 50 day moving average. The stock was the fifth leading gainer on NYSE today with 5.3 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Pegasus Wireless Corp. (PGWC): shares of Fremont, California based wireless hardware ans software provider plunged 30.61% to new 52 weeks low of $2.38 per share on negative comment. With MACD below 0 and K line below D line the stock will go down further. Any time the stock bounce back is the time to sell more. The stock was the biggest loser on Nasdaq today with 7.98 million shares traded.
• Nam Tai Electronics Inc. (NTE): shares of Hong Kong based telecommunication and consumer electronics OEM company tumbled 23.75% to new 52 weeks low of $11.43 per share on negative outlook for the third quarter and for the year. With ROC showing stock is oversold, do expect the stock to bounce back at least few sessions. The stock was the biggest loser on NYSE today with 6.8 million shares exchanged hands.