Thursday, April 26, 2012

THURSDAY OPEN

(stock #'s in %)

Market up 40/4/0. Volume a little light. Oil up over $104. March US existing home sales up 4%. Bernanke signals further easing unlikely.

AMEL up 39. All of a sudden, there it is. Poof. 2.5M shs. Up over 50-day lines. NFEC up another 38. Close to high reached early this month. Yeah they're cheap - P/B, P/S - but sales have been going down. VNDB up another 18. Up 10X since early Jan. SLMU up 9. 50-days held. NENE up another 8. Day 4 of run from bottom line - a 200 - to over top line (50-day).

BFRE down 16. LEXG down 10 on news that I'm sure was meant to be good. SPIR down 8. CLNT, ITRI, WEST down 7. Maybe pick up CLNT later today. Shall see. ITRI fell to bottom line - a 200 - and covered the gap from Feb. No news. WEST can't get past 50-day lines.

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