Strength and weakness

Strength and weakness

May 4, 2007

It is a very deceptive market currently. Stocks are breaking out, but not moving much after breaking out. This is getting reflected in the stocks up 50 % plus in a month and also in stocks up 25% or more in a month. There are few wild runaway moves, if you see the individual stocks in those list.

Stocks up 50% or more in a month
AMZN,Amazon.Com Inc (Google  Yahoo  Earnings  Chart) 
DJ,Dow Jones & Co Inc (Google  Yahoo  Earnings  Chart) 
IDSA,Industrial Svcs Of Amer (Google  Yahoo  Earnings  Chart) 
MEDI,Medimmune Inc (Google  Yahoo  Earnings  Chart) 
NGA,N Amer Galvanizing & Coatings (Google  Yahoo  Earnings  Chart) 
RCCC,Rural Cellular Corp (Google  Yahoo  Earnings  Chart) 
SPAN,Span-Amer Medical Systs (Google  Yahoo  Earnings  Chart) 
TO,Tech-Ops Sevcon Inc (Google  Yahoo  Earnings  Chart) 


Stocks up 25% or more in a month
ADES,Ada-es Inc (Google  Yahoo  Earnings  Chart) 
AIMC,Altra Industrial Motion Inc. (Google  Yahoo  Earnings  Chart) 
AKS,Ak Steel Holding Corp (Google  Yahoo  Earnings  Chart) 
ALGN,Align Tech Inc (Google  Yahoo  Earnings  Chart) 
AMZN,Amazon.Com Inc (Google  Yahoo  Earnings  Chart) 
ARNA,Arena Pharmaceuticals (Google  Yahoo  Earnings  Chart) 
BIDU,Baidu.com Inc (Google  Yahoo  Earnings  Chart) 
BTUI,Btu International Inc (Google  Yahoo  Earnings  Chart) 
BXXX,Brooke Corp (Google  Yahoo  Earnings  Chart) 
CBUK,Cutter & Buck Inc (Google  Yahoo  Earnings  Chart) 
CMTY,Community Banks Mlrbg Pa (Google  Yahoo  Earnings  Chart) 
CNS,Cohen & Steers Inc (Google  Yahoo  Earnings  Chart) 
CPX,Complete Production Services Inc (Google  Yahoo  Earnings  Chart) 
CPY,Cpi Corp (Google  Yahoo  Earnings  Chart) 
CRNT,Ceragon Networks Ltd (Google  Yahoo  Earnings  Chart) 
CROX,Crocs Inc (Google  Yahoo  Earnings  Chart) 
CVNS,Covansys Corp (Google  Yahoo  Earnings  Chart) 
DJ,Dow Jones & Co Inc (Google  Yahoo  Earnings  Chart) 
DRYS,Dryships (Google  Yahoo  Earnings  Chart) 
FCPO,Factory Card & Party Outlet (Google  Yahoo  Earnings  Chart) 
FCSX,FCStone Group` Inc. (Google  Yahoo  Earnings  Chart) 
FMT,Fremont General Corp (Google  Yahoo  Earnings  Chart) 
FTK,Flotek Industries Inc (Google  Yahoo  Earnings  Chart) 
GCOM,Globecomm Systems Inc (Google  Yahoo  Earnings  Chart) 
GEL,Genesis Energy (L.P.) (Google  Yahoo  Earnings  Chart) 
GLUU,Glu Mobile Inc (Google  Yahoo  Earnings  Chart) 
GTI,Graftech Intl Ltd (Google  Yahoo  Earnings  Chart) 
HAN,Hanson P (Google  Yahoo  Earnings  Chart) 
HHGP,Hudson Highland Grp Inc W/i (Google  Yahoo  Earnings  Chart) 
HLYS,Heelys Inc (Google  Yahoo  Earnings  Chart) 
IDMI,IDM Pharma Inc (Google  Yahoo  Earnings  Chart) 
IDSA,Industrial Svcs Of Amer (Google  Yahoo  Earnings  Chart) 
IGLD,Internet Gold-Golden (Google  Yahoo  Earnings  Chart) 
ISE,International Securities Excha (Google  Yahoo  Earnings  Chart) 
JASO,Ja Solar Hldgs Co Ads (Google  Yahoo  Earnings  Chart) 
KRSL,Kreisler Manufacturing (Google  Yahoo  Earnings  Chart) 
LBY,Libbey Inc (Google  Yahoo  Earnings  Chart) 
LPHI,Life Partners Inc (Google  Yahoo  Earnings  Chart) 
MAFB,Maf Bancorp Inc (Google  Yahoo  Earnings  Chart) 
MBLX,Metabolix Inc (Google  Yahoo  Earnings  Chart) 
MEA,Metalico Inc (Google  Yahoo  Earnings  Chart) 
MEDI,Medimmune Inc (Google  Yahoo  Earnings  Chart) 
MOBI,Mobius Management Systms (Google  Yahoo  Earnings  Chart) 
MTOX,Medtox Scientific (Google  Yahoo  Earnings  Chart) 
NFI,Novastar Financial Inc (Google  Yahoo  Earnings  Chart) 
NGA,N Amer Galvanizing & Coatings (Google  Yahoo  Earnings  Chart) 
NPTH,Enpath Medical Inc (Google  Yahoo  Earnings  Chart) 
NXST,Nexstar Broadcasting Group (Google  Yahoo  Earnings  Chart) 
NYMX,Nymox Pharmaceutical Corp (Google  Yahoo  Earnings  Chart) 
OMG,Om Group Inc (Google  Yahoo  Earnings  Chart) 
ONAV,Omega Navigation Enterprises Inc Class A (Google  Yahoo  Earnings  Chart) 
PDGI,Pharmanet Dev Group Inc (Google  Yahoo  Earnings  Chart) 
PTEC,Phoenix Technologies Ltd (Google  Yahoo  Earnings  Chart) 
PTEK,PokerTek Inc (Google  Yahoo  Earnings  Chart) 
RCCC,Rural Cellular Corp (Google  Yahoo  Earnings  Chart) 
RTRSY,Reuters Group Plc Adr (Google  Yahoo  Earnings  Chart) 
SCHN,Schnitzer Steel Indust (Google  Yahoo  Earnings  Chart) 
SGP,Schering-Plough Corp (Google  Yahoo  Earnings  Chart) 
SLM,Slm Corp (Google  Yahoo  Earnings  Chart) 
SMDI,Sirenza Microdevices (Google  Yahoo  Earnings  Chart) 
SNCR,Synchronoss Technologies Inc (Google  Yahoo  Earnings  Chart) 
SOMX,Somaxon Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart) 
SPAN,Span-Amer Medical Systs (Google  Yahoo  Earnings  Chart) 
STGN,Stratagene Corp (Google  Yahoo  Earnings  Chart) 
TBSI,TBS International Limited Class A (Google  Yahoo  Earnings  Chart) 
TFSM,24/7 Real Media Inc (Google  Yahoo  Earnings  Chart) 
TO,Tech-Ops Sevcon Inc (Google  Yahoo  Earnings  Chart) 
TRBR,Trailer Bridge Inc (Google  Yahoo  Earnings  Chart) 
TRCR,Transcend Services Inc (Google  Yahoo  Earnings  Chart) 
TTES,T-3 Energy Services Inc (Google  Yahoo  Earnings  Chart) 
TWIN,Twin Disc Inc (Google  Yahoo  Earnings  Chart) 
ULTR,Ultrapetrol Ltd (Google  Yahoo  Earnings  Chart) 
VSEC,Vse Corp (Google  Yahoo  Earnings  Chart) 
WGOV,Woodward Governor Co (Google  Yahoo  Earnings  Chart) 
WHR,Whirlpool Corp (Google  Yahoo  Earnings  Chart) 
WVCM,Wavecom Sa Adr (Google  Yahoo  Earnings  Chart) 
XNPT,XenoPort Inc (Google  Yahoo  Earnings  Chart) 


After 10 months of rally, if you calculate it from July, only 400 stocks are up 100% plus. This figure is around 1000 by 7 th or 8 th month of a typical rally. Every time the figure has crossed 400 in last 8-9 months, there has been correction.

If you look at stocks down 4% or more in a day, you will notice number of stocks are breaking down. This trend has accelerated in last few days and weeks. The market is not making any substantial headway.