Friday, October 5, 2012

Volume off the high 10-5-12

The list of the few equities and funds coming off the highs with volume.....

Global Crude Oil ETF- IOIL. My guess is that volume is coming from a follow through from lower oil prices in the Brent and West Texas Intermediate.

 International Speedway- ISCA. The company reported an unexpected loss in the latest quarter.

Renetech Nitrogen Partners- RNF. This stock just barely meets the criteria. The stock is down on no news and is probable some profit taking.

Cohen & Steers REIT & PFD Income- RNP. Another that just barely meets the criteria on no major news. Volume is picking up to the downside.

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