Performance Recap: US All-Time Highs from Jan/15/2010

The chart below shows the 80 stocks that made an all-time high in the week of Jan 15, 2010, and how they have performed over the following 2 months. There are more gainers than losers but the average stock underperformed all three stock indices. Three of the top gainers were up more than 20% (SMCI up 36%; followed by NRGP up 23%; and BIDU up 21%). Four stocks lost more than 20% with the worst loser being SWM (Schweitzer-Mauduit International, Inc) which sold off like a stone on news that its directors may have "misrepresented" the company's competitive position to inflate the stock price. Special Circumstances: NLX (Overture Acquisition corp) distributed its proceeds to shareholders and has been delisted and I had difficulty getting data for TII.A (Telmex Internacional SAB de CV) so I included them as zero. Here is the chart of stock performances, followed by a chart of the biggest winner and loser.

Biggest Winner: SMCI (Super Micro Computer Inc) is up again on big volume. A lot of big green volume bars on this chart, although it is getting extended to the upside.

Biggest Loser: SWM One big bad day.