Although this is a light volume rally with most of Wall Street away to the Hamptons... let's see who from the watch list is not participating very much in the rally. Note of course, 1 day does not make a trend but some of these have extended periods of weakness or 'flatness' despite a general up market the past 10 days. These are the 10 that are down to flat for the day.
Akamai Technologies (AKAM) - CDN/networking -> discussed here
Google (GOOG) - internet search -> discussed here
Bolt Technology (BTJ) - oil service
Yingli Green Energy (YGE) - Chinese solar power -> discussed here
China Sunenergy (CSUN) - Chinese solar power -> discussed here
F5 Networks (FFIV) - networking
Juniper Networks (JNPR) - networking
Riverbed Technology (RVBD) - networking -> discussed here
Limelight Networks (LLNW) - CDN/networking -> discussed here
CME Group (CME) - exchanges -> perplexed this one is so stagnant
Again this is 1 day, and a "white noise" light volume sort of day at that, but most of the group above has been pretty stagnant despite some serious rally attempts the past 10 days. The links provided for most have discussions on their potential for weakness at this time. JNPR, CME, and BTJ are the only names surprising me with their lack of movement, but extended/hefty valuations could be their issues.
Long AKAM, GOOG, BTJ, FFIV, JNPR, RVBD, CME in fund; no personal positions
Friday, August 31, 2007
Whose not participating today? A Top 10 list
Posted by
TraderMark
at
1:49 PM
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TweetThis
Posted by
TraderMark
at
1:49 PM
Whose not participating today? A Top 10 list
2007-08-31T13:49:00-04:00
TraderMark
Akamai Technologies|
Bolt Technology|
China Sunergy|
CME Group|
F5 Networks|
Google|
Juniper Networks|
Limelight Networks|
Riverbed Technology|
Yingli Green Energy|
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Labels: Akamai Technologies, Bolt Technology, China Sunergy, CME Group, F5 Networks, Google, Juniper Networks, Limelight Networks, Riverbed Technology, Yingli Green Energy
Whose not participating today? A Top 10 list
2007-08-31T13:49:00-04:00
TraderMark
Akamai Technologies|Bolt Technology|China Sunergy|CME Group|F5 Networks|Google|Juniper Networks|Limelight Networks|Riverbed Technology|Yingli Green Energy|
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