Momentum is cyclical. After a lacklustre few weeks the markets had couple of good momentum days. Today was profit taking day. On individual stocks momentum lasts longer than the Indexes. Many sector specific action is dominating the tape.
Here are some of the things I am watching or have positions in:
ALLT,Allot Communications Ltd (Google Yahoo Earnings BW Chart)
ANGN,Angeion Corp (Google Yahoo Earnings BW Chart)
AOB,American Oriental Bioengineering Inc (Google Yahoo Earnings BW Chart)
ASIA,Asiainfo Holdings Inc (Google Yahoo Earnings BW Chart)
BNHNA,Benihana Inc Cl A (Google Yahoo Earnings BW Chart)
CHINA,CDC Corp Class A (Google Yahoo Earnings BW Chart)
CHMP,Champion Industries Inc (Google Yahoo Earnings BW Chart)
CTIB,Cti Industries Corp (Google Yahoo Earnings BW Chart)
FCFS,First Cash Financial Svc (Google Yahoo Earnings BW Chart)
GRC,Gorman-Rupp Co (Google Yahoo Earnings BW Chart)
HGO,Houston American Energy Corp (Google Yahoo Earnings BW Chart)
HTI,Halozyme Therapeutics Inc (Google Yahoo Earnings BW Chart)
IGLD,Internet Gold-Golden (Google Yahoo Earnings BW Chart)
ININ,Interactive Intelligence (Google Yahoo Earnings BW Chart)
KONG,Kongzhong Corporation (Google Yahoo Earnings BW Chart)
MED,Medifast Inc (Google Yahoo Earnings BW Chart)
NEWT,Newtek Business Services Inc (Google Yahoo Earnings BW Chart)
OYOG,Oyo Geospace Corp (Google Yahoo Earnings BW Chart)
PACT,Pacificnet Inc (Google Yahoo Earnings BW Chart)
RICK,Rick's Caberet Intl (Google Yahoo Earnings BW Chart)
SCLN,Sciclone Pharmaceutical (Google Yahoo Earnings BW Chart)
SNCR,Synchronoss Technologies Inc (Google Yahoo Earnings BW Chart)
SOFO,Sonic Foundry Inc (Google Yahoo Earnings BW Chart)
THLD,Threshold Pharmaceuticals (Google Yahoo Earnings BW Chart)
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