Sunday, October 28, 2007

Weekly Gainers & Losers

WEEKLY GAINERS w/VOLUME>1M
Symbol %Chg
XHB 6.60%
INP 5.76%
EWZ 5.38%
EWH 5.04%
USO 4.44%
FXI 4.16%
EEM 4.15%
VWO 4.04%
QLD 3.81%

XHB - Homebuilders bounces off bottom? I doubt it will last long.
INP - India bounces back. Shutting or not shutting door to foreign investment?
EWZ - Upward and onward to new highs. How much longer?
EWH - Ditto
USO - Ditto. Its +15.7% in October. How much more upside?

WEEKLY LOSERS w/VOLUME>1M
Symbol %Chg
SMH -5.00%
QID -4.30%
TWM -3.72%
SRS -3.65%
SDS -2.66%
DXD -2.32%
SKF -1.23%

SMH - Chips continue divergence from tech. Will the chips rise or tech fall?
QID, TWM, SRS - Not a good week to be short the market

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