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Daily Stock Market Equity and Options Trading Commentary

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Saturday, July 4, 2009

Firework Stock Picks: Breakout Stocks on High Volume

For the fourth of July, I thought I would do a special report on four names which have experienced a large upside move (near 2 month high) on extremely high volume (compared to 3 month average for stock volume). Moving up is always a good sign for any stocks, on BIG volume is an even better sign.

The four stocks are listed below:
Company Symbol % Change Avg Volume Volume Thursday
Leading Brands LBIX 25.53 129,841 918,587
Labopharm Inc DDSS 17.70 172,459 969,465
Oshkosh Corp OSK 8.14 1,552,530 6,191,449
Orexigen Therapeutics OREX 6.78 427,136 647,301

The stocks are ranked in order from the greatest % volume change (above volume) to least. It also happens to be their % change on Thursday.

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