FirstAlert(tm) ‘Money Index’ Synopsis
August 10, 2009 (FinancialWire) — Of the Most Actives, last session’s trading showed 15 advancers versus 10 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) trading 260,696,000 shares closing at $3.85 (up 1.3%), the SPDR Trust ETF (NYSE: SPY) trading 53,016,500 shares closing at $101.20 (up 1.3%) and Bank of America Corp. (NYSE: BAC) trading 48,875,500 shares closing at $16.42 (down 1.7%).
Of last session’s Greatest Percentage Losers, stocks taking the greatest monetary losses were led by Leap Wireless International Inc. (NASDAQ: LEAP) trading on volume of 3,662,690 shares (losing $426.7 million), Fannie Mae (NYSE: FNM) trading on volume of 5,830,000 shares (losing $144.0 million) and Ambac Financial Group, Inc. (NYSE: ABK) trading on volume of 8,610,700 shares (losing $97.7 million).
Of last session’s Greatest Percentage Winners, stocks making the greatest monetary gains were led by Opexa Therapeutics, Inc. (NASDAQ: OPXA) trading on volume of 1,311,543 shares (gaining $18.8 million), EuroBancshares Inc. (NASDAQ: EUBK) trading on volume of 52,596 shares (gaining $17.3 million) and Cost Plus Inc. (NASDAQ: CPWM) trading on volume of 38,951 shares (gaining $15.7 million).
The statistical source for deriving each day’s The FirstAlert(tm) Money Index is StockSmart.com (http://www.stocksmart.com/ri/mostactive.staticdoc).
The FirstAlert(tm) Money Index is an indicator of the depth of market direction or indirection. While not always including the same stocks, the NYSE/NASDAQ/AMEX 25 Most Actives and NYSE/NASDAQ/AMEX greatest Percentage Losers and Percentage Winners (weighted against pure monetary loss/gain) indicate the direction in which the mass of money is flowing, as well as the general focus of the market.
The FirstAlert(tm) Money Index is included as part of the “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts), published by FinancialWire(tm). As a service to shareholders and investors, the FirstAlert(tm) Daily also provides complete, daily conference call schedules, as well as direct access to free annual reports on thousands of public companies via the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
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