Burly Gains Amid the Chaos
While plenty of stocks managed to rally in tepid volume in the first quarter, it's still the case that an upside move in heavy turnover indicates institutional conviction.
In illustration, Anika Therapeutics (ANIK) rallied to a 52-week high Tuesday, completely bucking the market's downside trend. Upside volume on both Monday and Tuesday was heavier than normal. Shares of this company, which makes treatment for bone and cartilage ailments, are well extended from their last buy point in early February. That's when the stock rebounded from solid 10-week support....585 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
