Wednesday, March 31, 2010

New All-Time Highs from on High Volume: JOSB and RGA

Even as the indexes sold off today, two stocks from last week's list of all time highs made new highs today on big volume. High volume could be a sign of institutional purchases, a short squeeze, or positive news release from the company. In any case, it's a good sign. Also, note that these stocks finished near their high of the day (HOD) while the indexes closed near the low of the day. Here are the charts:

JOSB (Jos A. Bank Clothiers)


RGA (Reinsurance Group of America)


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