Trading Floor Blog With Nick Perry

ascending order | descending order

Stocks Showing Unusually Heavy Volume - Cardiome Pharma Corp, Medtronic Inc, Analog Devices Inc, TASER International Inc

11/25/2009 7:50 AM
permanent link


Keywords:

CRME

 

MDT

 

ADI

 

TASR

 

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: Warner Music Group Corp. (WMG), Smith & Nephew SNATS (SNN), DSW Inc. (DSW), Cardiome Pharma Corp (CRME), Brocade Communications Systems Inc (BRCD), Empire Resorts (NYNY), Cracker Barrel Old Country Store Inc (CBRL), Medtronic Inc (MDT), Analog Devices Inc (ADI), ING Groep N.V. (ING), Dycom Industries (DY), Cooper Companies (COO), Alon USA Energy, Inc. (ALJ), Brown Shoe (BWS), PMC - Sierra (PMCS), The Blackstone Group L.P. (BX), TASER International Inc (TASR), Dollar Tree Stores (DLTR), Jazz Pharmaceuticals, Inc. (JAZZ), Casella Waste Systems (CWST), China Techfaith Wireless Com. (CNTF), CIENA Corp. (CIEN), Financial Federal (FIF), Rambus Inc (RMBS), TiVo Inc (TIVO).

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
11/25/2009 7:50 AM


email a friend Discuss this post (Comments: 0) | email a friend Email to a Friend | Email Nick Perry about this post

 Del.icio.us   Facebook   Reddit   Newsvine   Digg  Mixx it Mixx  


View All of Today's Blog Entries





Discussion Board

 Discuss this commentary:

Add a new discussion topic related to this commentary Discussion Board Home Page
There are currently no discussions related to this commentary.

Search Past Blog Entries


Search by: Word or phrase to search:

Today's Most Popular Stories







Receive FREE access to Schaeffer's
Sentiment Spring 2009
premier online options magazine!


Partner Center

tribal fussion