Trading Floor Blog With Nick Perry

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Stocks Showing Unusually Heavy Volume - Scientific Games Corp, Lululemon Athletica inc, Baidu Inc, Ceradyne Inc

10/28/2009 7:51 AM
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Keywords:

SGMS

 

LULU

 

BIDU

 

CRDN

 

Here are the results for today's unusual stock volume scan. The scan looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.

Companies included in today's scan are: Carter's (CRI), Owens & Minor (OMI), Rexam, Plc (REXMY), Icagen, Inc. (ICGN), Independent Bank (IBCP), Hiland Holdings GP, LP (HPGP), PrivateBancorp (PVTB), Zoran Corp. (ZRAN), Insulet Corporation (PODD), Scientific Games Corp (SGMS), FairPoint Communications, Inc. (FRP), Lululemon Athletica inc (LULU), O'Charley's (CHUX), Dollar Thrifty Automotive Group (DTG), Crane (CR), ev3 Inc. (EVVV), WMS Industries (WMS), Pool Corp. (POOL), WebMD Health Corp. (WBMD), Baidu Inc. (BIDU), ING Groep N.V. (ING), Ceradyne Inc (CRDN), EPIQ Systems (EPIQ), Boyd Gaming Corp (BYD), Sonic Automotive (SAH).

These are the top stocks from today's scan, which has some basic filters to eliminate stocks that don't trade frequently. A description of the column headings is below.

  • Move Previous Day - yesterday's percent return.
  • Volume Increase - looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.
  • Close - yesterday's closing price.
  • Total Ratings - number of analysts who track the stock, according to Zacks.
  • Buy Percent - percent of the analysts who rate the stock as a "buy". I use this to help gauge sentiment and potential buying demand. If everyone already loves a stock, that means a steady stream of new money will need to enter the stock to fuel a rally.

Note - sentiment data is current as of the previous trading day...


-posted by Nick Perry
10/28/2009 7:51 AM


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