In today’s (11/19/12) stock market recap, let’s analyze the key actions of the major indexes Dow Jones Industrial Average (DJIA), S&P 500(SPX) and NASDAQ Composite (COMP). All three indexes witnessed a solid surge at the open, and posted explosive gains within 20 minutes or so, into the trading session. They spent rest of the day in a solid consolidating mode with tight and sideways trading. There were mild reactions, but as they have been met with even stronger rallies, the indexes kept on moving higher as the trading session progressed. The indexes also closed at their intraday highs with a help of a last minute surge. Dow Jones posted around +1.65% gains while S&P 500 and NASDAQ posted closer to or over +2% gains for the day.

Trading volume receded considerably on both NYSE and NASDAQ stock exchanges and came in lower than Friday’s level. It would have been nice, the volume also surged along with the price gains.

Leading growth stocks from our watch list again had a great day today. The heavy volume gainers dominated the day and only few stocks made it to the decliners list. Out “Top-250 Growth Stocks – Daily Heat map” pretty much blanketed with green shade which indicated that the buying was broad based and not isolated to only few stocks.

The indexes had a great day for sure. They held on to the early gains and witnessed a bullish close. S&P 500 retook the 200 day moving average price level, today which was an another key milestone. But, the lag of volume clearly took the luster out the day. We can expect the trading volume go down further in the next few days as the “Thanks Giving” long weekend is around the corner.

So, today’s gains helped to strengthen the “Rally Attempt” which was started on last Friday. The attempt count stays at “2”, now.

Leading Growth Stocks up in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
COR – Ticker not present in the current file.
PEB – Ticker not present in the current file.


Leading Growth Stocks down in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
OSIS – Ticker not present in the current file.
DISH – Ticker not present in the current file.



S&P 500 (SPX)Today’s Closing value :1,386.89 +27.01 (+1.99%) Intraday High: 1,386.89 Intraday Low: 1,359.88.

NASDAQ (COMP)-Today’s Closing value :2,916.07 +62.94 (+2.21%) Intraday High: 2,916.07 Intraday Low: 2,884.75.

How are we doing? Please take few moments to comment about this article. Your feedback is very important/valuable to us and it will help us to serve you better.