Aug 28

Written by: Arthur Daret
8/28/2008 12:06 PM

Some of the notable movers today were;

Large % gainers Aug. 28th, 2008

Bank of America	+6%
Wells Fargo	+5.2%
iShares N.A. Reit 50 index	+4.12%
Open Text	+4.0%
Genoptix	+4.8%
Monolithic Power Sys.	+4.26%
Healthcare Properties REIT	+3.26%
Apollo Investment	+3.93%
Senior Housing REIT	+3%
BB&T Bank	+4.1%

 

 

 

 

 

 

 

LKQ Corporation (LKQX) was our largest decliner, falling a little over 6% on no news. I am always skeptical of these types of moves one way or the other, especially when heading into a long weekend. Next week, volume should return to the market and we will have a better idea of where we could be heading.

Investor sentiment is neutral right now so we don't have to much of an edge there although we are coming off extreme levels of panic and newsletter sentiment is still pretty bearish which is good.

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