Tag - Sji

Small-cap stocks pushed higher Tuesday, recapturing all of Monday’s decline as the market continues to gyrate in a sideways consolidation range on light holiday volume. The market started out on a firm note tied to an extension of the Treasury’s automaker bailout, and never looked back. Today's small-cap percentage gainers are: Grand Canyon Education (Nasdaq:LOPE), CH Energy Group (NYSE:CHG), and Force Protection (Nasdaq:FRPT).

Other Market Watch highlights included:

• For now, volume is thinned out by the holiday, and it is best not to make too much of the tame price action.  
• However, if the market starts to trade sideways for too long without managing a push through upside resistance, then it will simply look like a new lower ceiling.  
• For the most part, the sideways action is consistent with a bottoming process off the massive bear market collapse.  
• The chart picture remains stuck in a sideways consolidation pattern.  
• The market started out on a firm note tied to an extension of the Treasury’s automaker bailout, and never looked back

Small Cap Gainers:

• Among today's small-cap 52-wk highs: Grand Canyon Education, CH Energy Group, Force Protection, Rochester Medical and South Jersey Industries. See (Nasdaq:LOPE, NYSE:CHG, Nasdaq:FRPT, Nasdaq:ROCM, NYSE:SJI ) 
• Franklin Street Properties Corp is up 9.2% after news late Monday it will be added to the S&P SmallCap 600 after Wednesday's close. See (NYSE:FSP)  
• Beauty products company Elizabeth Arden Inc. is up 9.1% to $11.71 after Wedbush Morgan upgrade to "Buy" from "Hold," with a $15 price target. See (Nasdaq:RDEN)  

Small Cap Losers:

• Among today's small-cap 52-wk lows: Skilled Healthcare Group, Blue Square Israel Ltd, and Take-Two Interactive Software. (See NYSE:SKH, NYSE:BSI, Nasdaq:TTWO) 
• Biopharma company Maxygen, Inc., which focuses on developing improved versions of protein drugs, is down 10.4% to $8.11. See (Nasdaq:MAXY)  
• Boutique investment banking firm Evercore Partners is down 8.7% to $12.05 after Keefe Bruyette downgrade to "Market Perform" from "Outperform." See (NYSE:EVR) 

Small-cap stocks pushed higher into mid-session, lifted by gains in technology stocks, retailers, homebuilders and insurers, which more than countered weakness in commodity names. Today's small-cap percentage gainers are : Grand Canyon Education (Nasdaq:LOPE), CH Energy Group (NYSE:CHG), and Force Protection (Nasdaq:FRPT).

Other Market Watch highlights included:

• Retailer shares were on the rise today, with the S&P Retail Index up 2.0%.  
• Homebuilders were once again attracting buyers after several days of setbacks. The ISE Homebuilder Index was up 3.7%, handily outpacing the overall market advance.
• The best performers: commercial printers, auto parts suppliers, chemical companies, office electronics firms, wireless telecoms, motorcycle manufacturers, life health insurers and tire companies.  
• A better-than-expected showing on Midwest manufacturing kept all the fresh economic news from being awful, and even that number was still historically low. 
• The market was able to weather another batch of troubling data on the economy, with home prices generating the largest decline on record and consumer confidence sinking to a record low.

Small Cap Gainers:

• Among today's small-cap 52-wk highs: Grand Canyon Education, CH Energy Group, Force Protection, Rochester Medical and South Jersey Industries. See (Nasdaq:LOPE, NYSE:CHG, Nasdaq:FRPT, Nasdaq:ROCM, NYSE:SJI ) 
• Franklin Street Properties Corp is up 9.2% after news late Monday it will be added to the S&P SmallCap 600 after Wednesday's close. See (NYSE:FSP)  
• Beauty products company Elizabeth Arden Inc. is up 9.1% to $11.71 after Wedbush Morgan upgrade to "Buy" from "Hold," with a $15 price target. See (Nasdaq:RDEN)  

Small Cap Losers:

• Among today's small-cap 52-wk lows: Skilled Healthcare Group, Blue Square Israel Ltd, and Take-Two Interactive Software. (See NYSE:SKH, NYSE:BSI, Nasdaq:TTWO) 
• Biopharma company Maxygen, Inc., which focuses on developing improved versions of protein drugs, is down 10.4% to $8.11. See (Nasdaq:MAXY)  
• Boutique investment banking firm Evercore Partners is down 8.7% to $12.05 after Keefe Bruyette downgrade to "Market Perform" from "Outperform." See (NYSE:EVR)