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)
Wednesday, March 31, 2010
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