Trading Where the Action!

Stocks were enjoying their third consecutive up day in both the S&P 500 and Dow industrials as of midday on Thursday. Financial shares were again among the most impressive stocks to the upside, with Wachovia Corporation
(
WB |
Quote |
Chart |
News |
PowerRating)
up more than 8% and both American International Group
(
AIG |
Quote |
Chart |
News |
PowerRating)
and Washington Mutual
(
WM |
Quote |
Chart |
News |
PowerRating)
gaining more than 5% by midday on the day.

Among the biggest midday movers on the day are Cell Genesys Inc.
(
CEGE |
Quote |
Chart |
News |
PowerRating)
, which is up for the second day in a row after a massive gap down at the open yesterday, and MBIA Inc.
(
MBI |
Quote |
Chart |
News |
PowerRating)
, up more than 20% at midday and looking likely to close above its 200-day moving average for the first time since October 2007.

Here is a list of stocks that have gained 20% or more so far in trading today.

Name Symbol % Up
Triad Guaranty Inc. TGIC +34.39
South Texas Oil Company STXX +23.91
Vermillion Inc. VRML +23.39
Evans & Sutherland Computer ESCC +21.84
Biodelivery Sciences International Inc. BDSI +21.74
MBIA Inc. MBI +21.54
Cell Genesys Inc. CEGE +20.49
Mdi Inc. MDII +20.18

Here is a list of stocks that have lost 20% or more so far in trading today.

Name Symbol % Down
Vocaltec Communications Ltd. VOCL -23.08
Franklin Credit Management Corporation FCMC -20.45

Source: MarketWatch

For a list of today’s top-rated stocks, click here.

David Penn is Editor-in-Chief at TradingMarkets.com.