Sunday, November 4, 2007

Weekly Gainers & Losers

GAINERS (w/Volume>1M)
Symbol %Chg
SKF 12.38%
INP 11.37%
SRS 8.95%
UNG 7.42%
TWM 5.58%
GDX 4.77%
USO 4.47%
EWC 3.97%
SDS 2.99%
GLD 2.75%
DXD 2.60%
QLD 2.11%

SKF - Ultrashort Financials earned its gains in 2 days (Thurs & Fri). More gains to come I think. Decent volume at about 2.8M on Fri.

INP - India, massive comeback. Now up nearly 25% in 2 weeks! Up 75% YTD.

UNG - Up 7.42% this week. This is the one to watch. Recent news about China making massive purchases of LNG (liquefied natural gas) could turn Natty into a global commodity. I heard one analyst forecasting $10 natural gas prices soon.

LOSERS (w/Volume>1M)
Symbol %Chg
KRE -9.06%
ITB -8.37%
XHB -7.34%
KBE -6.10%
XLF -5.52%
XRT -5.10%
EWW -4.52%
EWT -4.21%
ICF -4.18%
IWN -4.15%
IYR -4.04%

KRE, KBE, XLF - Banking takes a hit this week.

XHB, ITB - Weak homebuilders.

XRT - Retail weak.

EWW, EWT - Mexico and Taiwan weak.

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