Trading Where the Action Is!
The bullishness that began the first trading day after the Labor Day holiday weekend has faded somewhat as of midday. The Dow industrials are up for the day
by more than 100 points, but the Nasdaq has moved into the red.
Financial stocks continue to get a bid from traders, with shares of Freddie Mac
(
FRE |
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PowerRating) up more than 8% as of midday on Tuesday, and both
Bank of America
(
BAC |
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PowerRating) and Wachovia Corporation
(
WB |
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PowerRating) ahead by more than 5%.
Home improvement retailers Home Depot
(
HD |
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PowerRating) and Lowe’s
(
LOW |
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PowerRating) were also among the stocks moving higher halfway into
trading on Tuesday. Shares of both were up more than 6% as of midday. Another well-known and widely-held stock on the rise on Tuesday was
Starbucks
(
SBUX |
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PowerRating), ahead more than 4% on the day.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| Comstock Homebuilding Companies Inc. | CHCI | +159.53 |
| Sciele Pharmaceuticals Inc. | SCRX | +58.90 |
| Wuhan General Group China Inc. | WUHN | +30.90 |
| Techtarget Inc. | TTGT | +26.39 |
| Opexa Therapeutics Inc. | OPXA | +25.60 |
| Evans & Sutherland Computer Company | ESCC | +25.22 |
| Blue Holdings Inc. | BLUE | +25.05 |
| World Heart Corporation | WHRT | +20.00 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Introgen Therapeutics Inc. | INGN | -44.09 |
| LCC International Inc. | LCCI | -38.98 |
| Atherogenics Inc. | AGIX | -29.23 |
| Novacea Inc. | NOVC | -20.85 |
| Nexmed Inc. | NEXM | -20.63 |
| Daystar Technologies Inc. | DSTIZ | -20.00 |
Source: MarketWatch
For a list of today’s top-rated stocks, click here.
David Penn is Editor-in-Chief at TradingMarkets.com.