|
|
Article: Increasing Weekly Price & Volume - Screen of the Week
- Article from:
- Zacks Investment Research - Screen of the Week
- Article date:
- March 31, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
|
Increasing Weekly Price & Volume - Screen of the Week
Stocks highlighted in this article are:
NIC, Inc.
(
EGOV
),
Formfactor, Inc.
(
FORM
),
MDC Holdings, Inc.
(
MDC
),
Marten Transport, Ltd.
(
MRTN
) and
The Travelers Co.
(
TRV
).
The rally in the major indexes over the last 3 weeks has been quite inspiring and has provided the most recent ray of hope that we could be getting closer to coming out of this mess.
However, I've noticed that the last half of this 20+% rally was made on declining volume.
Not only does this show up on the major indexes, but on lots of individual stocks as well.
And while the volumes for the indexes were mostly above average ...