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Trading Where the Action Is!

By David Penn | TradingMarkets.com
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Financial stocks were on the rebound following yesterday's big drop. Merrill Lynch (MER | Quote | Chart | News | PowerRating) was up more than 20%, Washington Mutual (WM | Quote | Chart | News | PowerRating) added more than 13%, and Wachovia (WB | Quote | Chart | News | PowerRating) had gained more than 10% as of midday on Tuesday.

Also higher on the day were Hewlett-Packard (HPQ | Quote | Chart | News | PowerRating), which recently announced dramatic job cuts. HPQ was up more than 7%. The Nasdaq featured midday gainers in both JetBlue Airways (JBLU | Quote | Chart | News | PowerRating), up more than 8%, and Charles Schwab & Company (SCHW | Quote | Chart | News | PowerRating), up more than 7%.

Here is a list of stocks that have gained 20% or more so far in trading today.

Name Symbol % Up
Vocaltec Communications Ltd. VOCL +38.18
Eagle Bancorp Inc. EGBN +25.85
Genaera Corporation GENR +25.42
Naugatuck Valley Financial NVSL +22.55
FirstCity Financial Corporation FCFC +21.95
Atlantic Bancgroup Inc. ATBC +20.04

Here is a list of stocks that have lost 20% or more so far in trading today.

Name Symbol % Down
Particle Drilling Technologies PDRT -83.45
Bonso Electronics International BNSO -57.87
Synutra International Inc. SYUT -43.86
American International Group AIG -41.17
EntreMed Inc.. ENMD -38.46
Imarx Therapeutics Inc. IMRX -34.88
Radio One Inc. ROIAK -32.16
Rsi Technologies Holdings Inc. PSIT -31.58
World Heart Corporation WHRT -30.66
Targacept Inc. TRGT -30.26
Lipid Sciences Inc. LIPD -28.57
Synthesis Energy Systems Inc. SYMX -28.40
Westwood One Inc. WON -27.94
Bridgeline Software Inc.. BLSW -27.92
Power Med Interventions Inc. PMII -24.94
Terrestar Corporation TSTR -24.90
Hydrogenics Corporation HYGS -24.42
Smurfit-Stone Container Corporation SSCCP -21.74
Millennium India Acquisitions Company SMCG -21.72
Qsound Labs Inc. QSND -21.43
B.O.S. Better Online Solutions BOSC -21.40
Arotech Corporation ARTX -21.07

Source: MarketWatch

For a list of today's top-rated stocks, click here.

David Penn is Editor in Chief at TradingMarkets.com.


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