Monday, May 7, 2012

MONDAY OPEN

(stock #'s in %)

Market flat and mixed. Dow trying to hold 50-day lines. Volume a little heavy. Oil down under $97. Germany factory orders up more than forecast on exports.

LEOM up 52. Just their trading spread. Pretty rediculous, huh. CRGE up 26. CSGH up 11 on 4K shs. CREG up 5, the top (200-day) line holding. CREE up 3, pulling out of holding pattern in since mid-Feb on news. Funny (ha ha) how Yahoo has their numbers (12-month high) skewed. How many Yahoo numbers are skewed who knows.

SLMU down 16. Back to top (50's) lines. VNDB down 15. A gap fall down to the bottom range of the rally that started in April. ABAT down 14, their 3-day run over. CLNT, NEXS down 8. CLNT back near the bottom 200-day and 50's. NEXS on bottom. CBAK down 7, not far from bottom again. Bad day for battery comps, though AONE up 3 more, back to bottom (50) lines. BWEN down 5, back to October bottoms. AMEL down 3, 50's pushing them down. NENE, NFEC down 1. MXWL may have bottomed. Hit below $9 and now back to flat.   

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