Stocks On The Move - October 31

Stocks Rise on Heavy Volumn:

• Sirna Therapeutics Inc. (RNAI): shares of San Francisco based biotechnology company skyrocketted 95.81% to $12.63 per share after Merck is buying the company for $1.1 billion. The stock was the best performer on Nasdaq today with 14.9 million shares traded.
• Lumera Corp. (LMRA): shares of Bothell, Washington based nanotechnology company soared 37.64% to new 52 weeks high of $8.74 per share after Harvard Medical School researchers are using the company's biosensor. The stock is still very strong with 50 day moving average is about to cross on top over 200 day moving average. The stock was the second leading gainer on Nasdaq today with 18.1 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Avanir Pharmaceuticals (AVNR): shares of San Deigo based chronic diseases drug maker plummetted 46.22% to $3.98 per share after receiving approvable letter from FDA. With ROC now showing the stock is oversold the stock has chance to bounce back up soon. The stock was the leading decliner on Nasdaq today with 24.25 million shares traded, also the tenth heaviest traded.
• Omnicare Inc. (OCR): shares of Covington, Kentucky based pharmaceutical services company tumbled 10.87% to $37.88 per share on profit drop due to reduction in rate reimbursement from heath care provider UnitedHealth. The technical chart shows the stock is in a weak market with KD falling and MACD dropping below 0. The stock was the fifth leading decliner on NYSE today with 18.37 million shares traded.

Stocks On The Move - October 30

Stocks Rise on Heavy Volumn:

• American Power Conversion Corp. (APCC): shares of West Kingston, Rhode Island based uninterrupted power supply(UPS) maker soared 26.35% to $30.02 per share after Schneider Electric is buying the company for $6.1 bilion. The stock was the leading gainer and the second heaviest traded on Nasdaq today with 86.47 million shares traded.
• Trustreet Properties Inc. (TSY): shares of Orlando, Florida based REIT company surged 35.65% to $16.97 per share after the company would be acquired by GE Capital for $3 billion or $17.05 per share. The stock was the best performer on NYSE today with 9.1 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Emisphere Technologies Inc. (EMIS): shares of Tarrytown, NY based drug delivery company plunged 23.76% to $6.77 per share after the company received mixed results from study of its diabetes drug candidate. Technical chart shows the stock may bounce back as ROC is at oversold level. The stock was the leading decliner on NYSE today with 11.89 million shares traded.
• Tenet Healthcare Corp.(THC): shares of Dallas, Texas based healthcare service provider tumbled 10.6% to $7.42 per share after the company forecast $82 million to $92 million net loss for the third quarter. The technical chart shows weakness as KD is still falling. The stock was the second leading decliner on NYSE today with 9.78 million shares traded.

Stocks On The Move - October 27

Stocks Rise on Heavy Volumn:

• Vivo Participacoes S.A. (VIV): shares of Sao Paulo, Brazil based wireless service company rose 8.16% to $3.58 per share despite posting a wider quarterly loss. The stock was the third best performer on NYSE today with 10 million shares exchanged hands.
• Vertex Pharmaceuticals Inc. (VRTX): shares of Cambridge, MA based cancer and hepatitis C drug maker surged 17.62% to $40.66 per share on positive data on its hepatitis C drug. The stock was the third leading gainer on Nasdaq today with 14 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Silicon Image, Inc. (SIMG): shares of Sunnyvale, CA based semiconductor company tumbled 17.05% to $11.77 per share on falling third quarter income and weak revenue outlook for the fourth quarter. The stock was the sixth leading decliner on Nasdaq today with 6.48 million shares traded.
• Celestica Inc. (CLS): shares of Toronto, Canada based electronic manufacturing service provider dropped 13.46% to $10.16 per share on analyst downgrade on weak fourth quarter outlook. The stock was the third leading decliner on NYSE today with 6.27 million shares traded.

Stocks On The Move - October 26

Stocks Rise on Heavy Volumn

• LSI Logic Corp (LSI): shares of Milpitas, CA based semiconductor company surged 14.13% to $9.53 per share after the company posted strong third quarter profit. The stock was the fourth leading gainer on NYSE today with 17 million shares traded. The chart is showing the stock is on the uptrend.
• TeleTech Holdings Inc. (TTEC): shares of Englewood, Colorado based busines sprocess outsourcing company soared 21.06% or $3.33 to $19.14 per share on analyst upgrade on strong third quarter earning. The stock was the fourth best performer on Nasdaq today with 5.5 million shares exchanged hands. The stock has been on a strong market since August.

Stock Drops on Heavy Volumn

• Renovis Inc. (RNVS): shares of South San Francisco, CA based biotechnology company plummetted 75.85% to $3.43 per share on failure of late-stage clinical trial of the stroke drug. The stock was the biggest loser on Nasdaq today with 46.76 million shares traded. With stock now way oversold we may see bargain hunters coming soon.
• Red Hat Inc. (RHAT): shares of maker of Linux - a computer operating system, plunged 23.99% to $14.83 per share on new competition from Oracle. The stock was the third leading decliner and the second heaviest traded on Nasdaq today with 113 million shares traded. The stock may bounce back soon with stock now oversold.

Stocks On The Move - October 25

Stocks Rise on Heavy Volumn

• Applied Digital Solution (ADSX): shares of Delray Beach, FL based security products for consumer, commercial and government soared up 31.36% to $2.22 per share after patent for the company's glucose-sensing RFID microchip has been granted. The stock was the second leading gainer and the eighteenth heaviest traded on Nasdaq today with 17 million shares traded.
• Yankee Candle Co. Inc. (YCC): shares of South Deerfield, Maryland based scented candles maker surged 17.44% to $33.73 per share after the company would be acquired by private equity investment firm for $1.4 billion in cash. The stock was the best performer on NYSE today with 11 million shares exchanged hands.

Stock Drops on Heavy Volumn

• LifeCell Corp. (LIFC): shares of Branchburg, NJ based iotechnology company plunged 25.19% to $23.82 per share due to weak outlook despite strong earning for the third quarter. The stock was the leading decliner on Nasdaq today with 14.7 million shares traded.
• Corning Inc. (GLW): shares of diversified glass company tumbled 8.82% to $21.14 per share on downgrade on weak earning guidance despite strong third quarter earning. The glass technology company was the third leading decliner and the heaviest traded on NYSE today with 59.26 million shares traded.

Stocks On The Move - October 24

Stocks Rise on Heavy Volumn:

• Travelzoo Inc. (TZOO): shares of New York based online travel company soared 19.2% to $38.62 per share on strong third quarter result. The stock is currently on bull market with 50 day moving average above 200 day moving average and MACD back above 0. The stock was the fourth best performer on Nasdaq today with 5.39 million shares traded.
• Brinker International Inc.(EAT): shares of Dallas, Texas based restaurants operator of Chili's, Macaroni Grill and On The Border Mexican Grill surged 17.57% to $46.5 per share on 50% in first quarter profit. The stock is now back to bull market with 50 day moving average rising on top over 200 day moving average. The stock is the second leading gainer on NYSE today with 6.9 million shares traded.

Stocks Drop on Heavy Volumn:

• NeuroMetrix Inc. (NURO): shares of Waltham, Maryland based medical device maker plunged 28.97% to $14.1 per share on downgrade due to insurance rule change. The stock is in weak market as the stock is falling deep below 50 day and 200 day moving average. The stock is the biggest loser on Nasdaq today with 7.3 million shares traded.
• Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company dropped 9.44% to $4.7 per share after posting loss of $33.8 million for the first two quarters of 2006. The stock is still in weak market with 50 day moving average below 200 day moving average and MACD falling below 0. The stock was the second leading decliner on NYSE today with 7.4 million shares traded.

Stocks On The Move - October 23

Stocks Rise on Heavy Volumn:

• Indus International Inc. (IINT): shares of Atlanta, Georgia based software company skyrocketted 46.03% to $3.68 per share after the company would be acquired by Vista Equity Partners for $240 million. The stock was the biggest winner on Nasdaq today with 10.6 million shares traded.
• Connectics Corp. (CNCT): shares of Palo Alto, California based pharmaceutical company soared 45.77% to $17.07 per share after the company agreed to be bought by Stiefel Laboratories for $640 million or $17.5 per share. The stock was the second leading gainer on Nasdaq today with 9.28 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Replidyne, Inc. (RDYN): shares of Louisville, Colorado based anti-biotics maker plunged 45.41% to $5.59 per share after FDA rejected the company's new antibiotic drug. The stock was the leading decliner on Nasdaq today with 6.3 million shares traded.
• Cameco Corp. (CCJ): shares of the world's largest uranium producer tumbled 9.63% to $34.44 per share on damage to its Cigar Lake project. The stock is in weak market as 50 day moving average is about to drop below 200 day moving average and K line has dropped below D line. The stock was the top decliner on NYSE today with 6.7 million shares traded.

Stocks On The Move - October 20

Stocks Rise on Heavy Volumn

• Continental Airlines Inc. (CAL): shares of the nation's fifth-largest airline company rose 7.35% to $35.05 per share on falling oil price. The stock is in bull strong bull market as the stock is above 50 day moving average with both 50 day and 200 day moving average rising. The stock was the fifth leading gainer on NYSE today with 9.7 million shares traded.

Stocks Drop on Heavy Volumn

• SanDisk Corp. (SNDK): shares of Sunnyvale, CA based memory card maker plunged 20.39% to $49.15 per share on disappointing outlook despite posting strong third quarter result. The stock is in weak market with K line now below D line and was the fifth leading decliner on Nasdaq today with 57.5 million shares traded, the fourth heaviest traded.
• Caterpillar Inc. (CAT): shares of leading construction and mining equipment maker plummetted 14.52% to $59 per share after the company reduced the forecast due to sales slowdown. Technical chart shows the stock has been in weak market since September as 50 day moving average has been below 200 day moving average. The stock was the second leading decliner and the heaveist traded on NYSE today with 67.8 million shares traded.

Stocks On The Move - October 19

Stocks Rise on Heavy Volumn:

• Accentia Biopharmaceuticals Inc. (ABPI): shares of Tampa, Florida based biotechnology company skyrocketted 41.67% to $4.08 per share on positive study on the company's cancer treatment. The stock was the second biggest winner on Nasdaq today with 5.1 million shares traded.
• Lumera Corp. (LMRA): shares of Bothell, Washington based nanotechnology company soared 30.16% to $6.44 per share. Earlier this week the stock skyrocketted 216.46% after the company successfully tested wireless system that enables transmission of large amount of data. The stock was the fourth leading gainer on Nasdaq today with 6.48 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Citrix System, Inc. (CTXS): shares of Fort Lauderdale, Florida based software company plunged 19.71% to $28.15 per share on decline of revenue from core business. The stock was the third biggest loser on Nasdaq today with 33.74 million shares traded, also the twelveth heaviest traded.
• Advanced Micro Devices Inc. (AMD): shares of the world's second leading CPU maker tumbled 13.29% to $21.01 per share as price war with rival Intel raised margin concern. The stock was the second leading decliner and the heaviest traded on NYSE today with 96.56 million shares traded.

Stocks On The Move - October 18

Stocks Rise on Heavy Volumn:

• Ivanhoe Mines Ltd. (IVN): shares of Vancouver, Canada based copper and gold mining company for property in Mongolia soared 33.08% or $2.04 to $8.69 per share after mining company Rio Tinto plans to invest $1.5 billion to develop Ivanhoe's Mongolian copper and gold resources. The technical chart indicates rally as K line is on fop of D line. Now the stock is now back to bull market with MACD back above 0. The stock was the biggest winner on NYSE today with 9.45 million shares traded.
• Illumina Inc.(ILMN): shares of San Diego, CA based genetic biotechnology company surged 19.49% to $43.78 per share on strong third-quarter result and raised fiscal guidance. The stock is in a very strong bull market with both 50 day and 200 day moving average still going up. The stock was the third leading gainer on Nasdaq today with 9.66 million shares traded.

Stocks Drop on Heavy Volumn:

• Apollo Group Inc. (APOL): shares of Phoenix, Arizona based online university operator plunged 22.86% to $37.55 per share on dropping net income from $106 million to $93.5 million. The stock is in very weak market with K line below D line and stock below both 50 day and 200 day moving average. The stock was the biggest loser on Nasdaq today with 28.74 million shares traded, also the twelveth heaviest traded.

Stocks On The Move - October 17

Stocks Rise on Heavy Volumn:

• InterMune Inc. (ITMN): shares of Brisbane, California based biotechnology company soared 25.49% to $21.12 per share on new deal of $530 million to develop hepatitis C drug with Roche Group. The stock has been on up trend since June and is recently on a rally with K line is again on top over D line. The stock was the best performer on Nasdaq today with 7.87 million shares exchanged hands.
• Lear Corp.(LEA): shares of Southfield, Michigan based car interior system provider surged 15.25% to $28.34 per share after billionair Icahn agreed to buy $200 million worth of stock of the company. The stock could be back to bull market rally as 50 day moving average is about to cross back on top over 200 day moving average with MACD on top of 0. The stock was the biggest gainer on NYSE today with 11.13 million shares traded.

Stock Drop on Heavy Volumn:

• Sapient Corp. (SAPE): shares of Cambridge, MA based business consulting service company plunged 26.88% or $2.11 to $5.74 per share after the company tumbled 13.06% after the company's CEO, CFO resigned due to stock options probe. The stock still has chance to bounce back as the stock is still on the up trend and may attract buyers as the stock is back to 50 day moving average. The stock was the second biggest loser on Nasdaq today with 7.24 million shares traded.
• Triad Hospitals Inc. (TRI): shares of Plano, Texas based heathcare services provider dropped 7.48% to $38.85 per share after the heathcare provider issued third quarter profit warning. enterprise learning software maker plunged 13.5% to $6.47 per share after the company cuts its guidance for the third quarter. The stock is now near its support at $38 per share and has the chace to bounce back with ROC showing the stock is oversold. The stock was the fourth leading decliner on NYSE today with 5.61 million shares traded.

Stocks On The Move - October 16

Stocks Rise on Heavy Volumn:

• Lumera Corp. (LMRA): shares of Bothell, Washington based nanotechnology company skyrocketted 216.46% to $5 per share after the company successfully tested wireless system that enables transmission of large amount of data. The stock is now right back at the resistence set earlier in February of this year. The stock was the best performer today with 7.1 million shares exchanged hands.
• JLG Industries Inc.(JLG): shares of McConnelsburg, PA based lifting machinary maker soared 32.82% to $27.6 per share after the company is bought by Oshkosh Truck Corp. for $3 billion or $28 per share. The stock was the biggest gainer on NYSE today with 19.98 million shares exchanged hands.

Stock Drop on Heavy Volumn:

• InterContinental Exchange, Inc. (ICE): shares of Atlanta based marketplace operator for energy futures trading tumbled 6.83% to $77.3 per share. The stock is now in a weak market as K line has drop below D line and the stock may test the support around $70 per share. The stock was the fourth leading decliner on NYSE today with 5.55 million shares traded.
• SumTotal Systems Inc. (SUMT): shares of Mountain View, California based enterprise learning software maker plunged 13.5% to $6.47 per share after the company cuts its guidance for the third quarter. The stock has the chance to bounce back as ROC is showing the stock is oversold and the stock has reached 50 day moving average. The stock was the fifth leading decliner on Nasdaq today with 3.07 million shares traded.

Stocks On the Move - October 13

Stocks Rise on Heavy Volumn:

• CytRx Corp. (CYTR): shares of Los Angeles, CA based biopharmaceutical research company soared 26.1% to $1.55 per share on heavy volumn although no news announced. With K line now back on top of D line again the stock has the change to begin rally. The stock was the fourth leading gainer on Nasdaq today with 11.76 million shares traded.
• SITEL Corp.(SWW): shares of Omaha, Nebraska based business consulting company rose 10.8% to $3.9 per share after the company is acquired by ClientLogic for $450 million or $4.5 per share. The stock was the biggest winner on NYSE today with 17.9 million shares traded.

Stock Drop on Heavy Volumn:

• Viewpoint Corp. (VWPT): shares of New York based Internet marketing technology company plunged 25.49% to 76 cents per share after the company lowered it's outlook for the year. The stock is in very weak market with 50 day MA about to drop below 200 day MA and MACD still deep below 0. The stock was the biggest loser on Nasdaq today with 4.1 million shares traded.
• Saifun Semiconductors Ltd. (SFUN): shares of Israel based intellectual property solutions provider for semiconductor memory market plummetted 25.38% to $21.7 per share after the company would lose business from on of its largest customers after the fourth quarter. With ROC showing the stock is oversold there is chance that the stock may bounce back. The stock was the second leading decliner on Nasdaq today with 3.57 million shares traded.

Stocks On the Move - October 12

Stocks Rise on Heavy Volumn:

• Yum! Brand Inc. (YUM): shares of fast food restaurants owner such as KFC and Pizza Hut surged 8.26% to $59.08 per share after the company reported strong third quarter earning. The technical chart is showing very bullish sign as 50 day moving average has just crossed on top over 200 day moving average. The stock was the seventh leading gainer on NYSE today with 9.66 million shares exchanged hands.
• Discovery Laboratories Inc. (DSCO): shares of Warrington, PA based biotechnology company soared 23.94% to $2.64 per share on positive clinical trial result. The stock is now on a uptrend and has chance to keep going higher as MACD is also on top of 0 showing positive signal. The stock was the second biggest winner on Nasdaq today with 7.22 million shares traded or almost thirteen times average volumn.

Stocks Drop on Heavy Volumn:

• Systemax Inc. (SYX): shares of Port Washington, NY based direct marketer of computer related products plunged 21.54% to $11.8 per share after the company delays second quarter report. The stock has the chance to bounce back as the stock is now back at 50 day moving average with ROC showing the stock is oversold. The stock was the biggest loser on NYSE today with 6.7 million shares traded.

Stocks On the Move - October 11

Stocks Rise on Heavy Volumn:

• ECC Capital Corp. (ECR): shares of real estate investment trust company soared 23.08% to $1.28 per share after Bear Stern Residential Mortgage agreed to buy the subprime mortgage origination platform of the company's subsidiary, Encore Credit for $26 million in cash. The stock has chance to be back to new rally as K line is now back on top over D line. The stock was the biggest winner on NYSE today with 7.54 million shares traded.
• Jacuzzi Brands Inc. (JJZ): shares of West Palm Beach, Florida based bathtubs maker surged 19.32% to $12.35 per share after private-equity firm was buying the company for $990 million or $12.5 per share. The stock was the second leading gainer on NYSe today with 15.9 million shares traded.

Stocks Drop on Heavy Volumn:

• Legg Mason Inc. (LM): shares of the Baltimore, Maryland based investment bank plunged 17.24% to $87.15 per share on earning warning. The stock is now in weak market as K line is below D line and stock is below 50 day moving average. The stock was the second biggest loser on NYSE today with 16.23 million shares traded.
• TD Ameritrade Holding Corp. (AMTD): shares Omaha, NE based online investment brokerage firm tumbled 11.94% to $16.82 per share after Bank of America Corp. begins to offer free online stock trade. Technical chart shows weak signal as K line is now below D line. The stock was the fifth leading decliner and the fourth heaviest traded on Nasdaq today with 45.76 million shares exchanged hands.

Stocks On the Move - October 10

Stocks Rise on Heavy Volumn:

• New River Pharmaceuticals Inc. (NRPH): shares of Radford, VA based pharmaceutical company rose for the second straight day by adding 13% to $47.82 per share following postive news on the drug from FDA in the previous session. The stock still has the risk of profit taking with ROC showing the stock is overbought. The stock was the sixteenth leading gainer on Nasdaq today with 9 million shares traded.
• Massey Energy Co. (MEE): shares of Richmond, Virginia based bituminous coal company rose 9.94% to $22.9 per share as investors cite supply and demand imbalance. The stock is still weak as 50 day MA is below 200 day MA and MACD is below 0. With K line rising above D line the stock may continue to go up. The stock was the biggest winner on NYSE today with 4.96 million shares traded.

Stocks Drop on Heavy Volumn:

• Dynavax Technologies Corp. (DVAX): shares of the Berkeley, CA based allergy drug maker plunged 11.07 to $7.15 per share on profit taking and share offering. The stock few days ago soared 55.24% to $7.7 per share. The profit taking may continue as ROC is still showing the stock is overbought. The stock was the eighth leading decliner on Nasdaq today with 7.69 million shares traded.
• CanArgo Energy Corp. (CNR): shares of Channel Islands based oil and natural gas company tumbled 11.11% to $1.04 per share. The stock is now very weak with K line below D line and MACD about to cross below 0. The stock was the third leading decliner on AMEX today with 3.19 million shares traded.

Stocks On The Move - October 9

Stocks Rise on Heavy Volumn:

• New River Pharmaceuticals Inc. (NRPH): shares of Radford, VA based pharmaceutical company skyrocketted 61.47% to $42.32 per share on postive news on the drug from FDA. With ROC showing the stock is overbought profit taking may come very soon. The stock was the biggest gainer on Nasdaq today with 11.82 million shares traded.
• Amkor Technologies (AMKR): shares of Chandler, AZ based semiconductor packing and service company surged 33.86% to $6.76 per share after the company restated its financials and corrected accounting errors. The stock could be back to rally with K line is again on top over D line. The stock was the second leading gainer and the fifteenth leading gainer on Nasdaq today with 20.54 million shares traded.

Stocks Drop on Heavy Volumn:

• Powerwave Technologies Inc. (PWAV): shares of Santa Ana, CA based wireless communication equipment maker FALL 17.75 to $6.41 per share on third quarter sales warning. The stock is still very weak as 50 day MA is below 200 day MA and K lind is below D line. The stock was the third leading decliner on Nasdaq today with 18.37 million shares traded.

Stocks On The Move - October 6

Stocks Rise on Heavy Volumn:

• Chattem Inc. (CHTT): shares of Chattanooga, TN based over-the-counter healthcare products manufacturer soared 28.38% to $44.2 per share after the company agreed to acquire five product brands from Johnson & Johnson and Pfizer Inc. for $410 million. With ROC showing the stock is overbought there could be profit taking for the shor term. The stock is the third leading gainer on Nasdaq today with 8.77 million shares traded.
• Sovereign Bancorp Inc. (SOV): shares of Philadelphia based commercial banking company surged 11.57% to $24.1 per share after the company plans to outst its Chairman and CEO Jay Sidhu. The stock is now at bull market as 50 day moving average is back above 200 day moving average. The stock was the biggest winner on NYSE today with 15.8 million shares traded.

Stocks Drop on Heavy Volumn:

• Mobility Electronics Inc.(MOBE): shares of Scottsdale, Arizona based power products maker for mobile electronic devices plunged 41.82% to $3.13 per share on third quarter revenue warning. The stock has change to bounce back up as ROC shows the stock is oversold. The stock is the biggest loser on Nasdaq today with 5.36 million shares traded.
• Micron Technology Inc. (MU): shares of computer memory products maker tumbled 13.68% to $15.14 per share on disappointing earning report. There's the possibility that the stock may bounce back as ROC is showing the stock is oversold and the stock is back to 200 day moving average. The stock is the leading decliner and the second heaviest traded on NYSE today with 61 million shares traded.

Stocks On The Move - October 5

Stocks Rise on Heavy Volumn:

• Dynavax Technologies Corp. (DVAX): shares of the Berkeley, CA based allergy drug maker skyrocketted 55.24% to $7.7 per share on positive study on its Tolamba aleergy treatment. The stock is in bull market as 50 day moving average is on top over 200 day moving average and MACD is on top of 0. The stock was the biggest winner and the sixteenth heaviest traded on Nasdaq today with 23 million shares traded.
• Mamma.com Inc. (MAMA): shares of Montreal, Canada based web search technology company soared 42.65% to $1.94 per share on no news. The stock is now back to bull market with MACd back above 0 and the stock back above 50 day and 200 day moving average. The stock was the third leading gainer on Nasdaq today with 7.35 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Ikanos Communications (IKAN): shares of Fremont, CA based semiconductor maker plunged 29.07% to $7.76 per share after the company issued sales warning for the third and fourth quarter. The stock is in weak market as MACD is back be low 0 and the stock is below 50 day and 200 day moving average. Now with K line about to cross on top over D line rally may come soon. The stock was the biggest loser on Nasdaq today with 9.6 million shares traded.
• Dillard's Inc.(DDS): shares of Little Rock, Arkansas based department stores operator tumbled 7.37% to $31.15 per share on disappointing sales results in Septebmer. Since the stock is still in bull market for the long term so the stock should bounce back up as ROC is now showing the stock is oversold. The stock is the fourth leading decliner on NYSE today with 6.02 million shares traded.

Stocks On The Move - October 4

Stocks Rise on Heavy Volumn:

• China Development Group (CTDC): shares of the Hong Kong based network security software maker soared 23.17% to $5.9 per share. The stock is now back to new rally as stock is back above 50 day and 200 day moving average and K line is on top over D line. In addition MACD is also above 0 showing bull market. The stock was the third leading gainer on Nasdaq today with 4 million shares traded.
• Shaw Group Inc. (SGR): shares of Baton Rouge, Louisiana based energy and construction service provider for energy and construction industries surged 11.28% to $26.33 per share after the company pay $1.08 billion for 20% stake in the group acquiring Westinghour Electric Co. The stock is has been on uptrend and is now back to rally as K line is back above D line. The stock was the sixth leading gainer on NYSE today with 5 million shares traded.

Stocks Drop on Heavy Volumn:

• TiVo Inc.(TIVO): shares of Alviso, CA based digital video recorders(DVRs) maker tumbled 11.3% to $6.67 per share on Bear Stern downgrades due to cour ruling. The stock has chance to bounce back as ROC is showing the stock is oversold and stock is back to 200 day moving average. The stock was the eighth leading decliner on Nasdaq with 10.5 million shares traded.
• Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company dropped 10.4% to $5.77 per share on analyst downgrade due to weak loan production. The stock is back to weak market as K line is now below D line. The stock is the biggest loser on NYSE today with 5.69 million shares traded.

Stocks On The Move - October 3

Stocks Rise on Heavy Volumn:

• Skyworks Solutions (SWKS): shares of Woburn, MA based cell phone component maker soared 35.38% to $6.85 per share after the company plans to exit the cell phone-processor baseband business. The stock may be expecting some profit taking soon as ROC is showing the stock has been overbought. The stock is the second leading gainer and nineth heaviest traded on Nasdaq today with 35.5 million shares traded.
• Revlon Inc. (REV): shares of New York, NY based cosmetics product maker surged 13.51% to $1.26 per share. The technical chart is showing possible raly as K line is about to cross on top over D line. The stock was the biggest winner on NYSE today with 5.07 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Marvell Technology Group.(MRVL): shares of Hamilton, HM based semiconductors maker tumbled 12% to $16.8 per share after sales warning from the company. The stock is showing weakness as it is now below 50 day and 200 day MA with K line dropping below D line. The stock was the seventh leading decliner and the third heaviest traded on Nasdaq today with 80.5 million shares traded.
• Quest Diagnostics Inc. (DGX): shares of Lyndhurst, NJ based diagnostic testing company for the healthcare industry plunged 17.9% to $50 per share after the company lost its contract with UnitedHealthcare worth 7% of revenue. This ended the rally which began late last year. However with ROC showing stock is oversold there's chance that the stock may bounce back up soon. The stock was the third leading decliner and the sixth heaviest traded on NSYE today with 25.4 million shares traded.

Stocks On The Move - October 2

Stocks Rise on Heavy Volumn:

• Myogen Inc. (MYOG): shares of Westminster, CO based biopharmaeutical company skyrocketted 46.64% to $51.44 per share as Gilead is buying the company for $2.5 billion or $52.5 per share. The stock is the biggest winner on Nasdaq today with 15.1 million shares traded.
• Harrah's Entertainment Inc. (HET): shares of Las Vegas, based casino operator surged 13.92% to $75.68 per share on speculation of buyout offer of $15.05 billion from two private equity firms. The stock was the third leading gainer on NYSE today with 28.4 million shares traded.

Stocks Drop on Heavy Volumn:

• Optimal Group Inc. (OPMR): shares of Montreal, Canada based payment processing services for the online gaming industry plunged 25.09% to new 52 weeks low of $8.81 per share on new anti-Internet gambling legislation. The stock has the chance to bounce back as ROC is showing the stock has been oversold. The stock was the leading decliner on Nasdaq today with 7 million shares exchanged hands.
• LCA-Vision Inc. (LCAV): shares of Cincinnati, Ohio based laser vision services provider tumbled 24.74% to new 52 weeks low of $31.09 per share on weaker than expected sales in September. The stock is in a weak market with MACD below 0 and K line below D line. The stock was the second leading decliner on Nasdaq today with 8.81 shares traded.