Trading Where the Action Is!

Stocks were on the retreat halfway through trading on Monday as traders took profits from Friday’s gains. In addition to financial stocks like Morgan Stanley
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, which was up more than 9% as of midday, gold stocks were also rising with Barrick Gold Corporation
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gaining more than 9% on the day and Yamana Gold
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ahead more than 7%.

Profit-taking in financial stocks, however, was marked in a number of names including Washington Mutual
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down more than 19% and Wells Fargo
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down more than 11%.

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

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Name Symbol % Up
Nexcem Brands Inc. NEXC +54.17
Makinac Financial Corporation MFNC +43.27
Freddie Mac FRE +38.69
Franklin Credit Management Corporation FCMC +33.04
Synutra International Inc. SYUT +28.63
American International Group AIG +28.57
Audiocodes Ltd. AUDC +25.67
Monarch Financial Holdings MNRK +24.84
Nobel Learning Communities NLCI +24.78
Neptune Technologies & Bioresources NEPT +24.60
Secure Computing Corporation SCUR +23.45
Fannie Mae FNM +22.87
Alliance Bankshares Corporation ABVA +22.74
Conolog Corporation CNLG +22.50
Inplay Technologies Inc. NPLA +21.05
Virtualscopics Inc. VSCP +21.01

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

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Name Symbol % Down
Pixelplus Company Ltd. PXPL -42.85
Trico Bancshares TCBK -31.95
Angiotech Pharmaceuticals Inc. ANPI -31.88
Worldspace Inc. WRSP -30.99
Electro Energy Inc. EEEI -28.61
Zoom Technologies Inc. ZOOM -25.64
Mexican Restaurants Inc. CASA -24.96
Quest Energy Partners LP: QELP -23.08
Nms Communications Corporation NMSS -22.03
Cobiz Financial Inc. COBZ -20.93
Neose Technologies Inc. NTEC -20.51
Craftmade International Inc. CRFT -20.00

Source: MarketWatch

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

David Penn is Editor in Chief at TradingMarkets.com.