My screen of the US stock markets for low-priced stocks making all-time new highs last week found 3 stocks between $2 and $10. I should note that NLX closed just under $10 but its all-time high is over $10, so it appears in both US lists this week. Three all-time highs is more than last week and any week in November. This is in spite of the fact that the Russel 2000 small-cap index (IWM) was down 0.4% this week, closing at $60.17. Despite being down on the week, IWM is still above its 20, 50, and 200 day moving averages. It will be interesting to see if the small-caps can continue to show strength. Here are the charts:
Yahoo Finance data are adjusted for splits and dividends. To the best of my knowledge, Google Finance data are only adjusted for splits. Charts are from BigCharts and you can click through to Finviz for more information about the companies.
Monday, December 14, 2009
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