Of the 14 stocks in the OTC Most Actives (OTX), half are still technically strong and half are broken:
leaders - MSFT, SUNW, NOVL, WCOM, CSCO, ASND, AMGN
holding up - YHOO
downtrend - AMAT, COMS, DELL, INTC, ORCL, QNTM
A Microsoft settlement could boost MSFT, SUNW, NOVL, and ORCL.
A similar group of leading stocks for the NYSE is actually in better shape probably due to greater diversity.
leaders - AOL, EMC, GE, HD, MOT, TWX, TXN, TYC, WMT
holding up - LU, ATI
downtrend - CPQ, HWP, SEG, IBM, T
The above stocks are selected on the basis of market cap and average daily volume. |