The End of a Great Quarter
03/31/2006
This week marked the end of
the quarter and with it came extra volatility as many institutional
investors performed their end-of-quarter window
dressing. One example of increased volatility was Chaparral
Steel Company (CHAP). For the week, the stock was up 12% through
Wednesday, then fell 3.4% over the next two days, despite
a lack of company-specific news. For the week, the steel company
was up 8.3%.
Small and mid-cap stocks remained
the place to be this week as they posted gains while large
companies, as represented by the S&P 500, lost ground
(-0.6%). Small-cap stocks performed especially well during
the quarter.
Next week features the March
Employment Report. Ironically, if the results are too favorable,
the stock market may react negatively in anticipation of further
Fed tightening which is meant to temper the economy's growth.
***
Our Top
Gainers This Week:
| Lamson & Sessions Co. (LMS) |
+17.72% |
| Andersons Inc. (ANDE) |
+14.67% |
| Wet Seal Inc. (WTSLA) |
+13.87% |
| NewMarket Corp. (NEU) |
+10.21% |
LSI Industries Inc. (LYTS)
|
+9.72% |
| Franklin Covey Co. (FC) |
+9.65% |
Expedia, Inc. (EXPE)
|
+9.63% |
| AEP Industries Inc. (AEPI) |
+9.61% |
Chaparral Steel Company (CHAP)
|
+8.25% |
| Maxtor Corp. (MXO) |
+7.54% |
| Denny's Corp. (DENN) |
+6.49% |
| WESCO International Inc. (WCC) |
+6.18% |
| ChipMOS TECHNOLOGIES (IMOS) |
+5.93% |
| Village Super Market Inc. (VLGEA) |
+5.67% |
| Tesoro Corp. (TSO) |
+5.17% |
Kaydon Corp. (KDN)
|
+5.02% |
AngioDynamics Inc. (ANGO)
|
+4.78% |
***
For the full weekly update, including our
leading gainers for the week, subscribers can go here.
|
