November 30, 2006
Notable New Highs — November 29, 2006
Buying in the morning, a bout of selling in the early afternoon, but late afternoon buyers took it up into the close.
On the way home from a dinner last night at 9 PM, I got trapped in traffic once again at Guomao Qiao (World Trade Center Bridge). I don’t get annoyed when this happens. Instead I think of portfolio holdings XOM (ExxonMobil) and PTR (PetroChina) — both trading at all-time highs.
Cat: | Time: 10:05 am (utc+8)
November 30th, 2006 at 10:21 am
XOM typically splits around this price. I wonder if it will this time.
November 30th, 2006 at 6:32 pm
Can you please post an explanation of your Notable New High list, what the captions mean and how you use the list.
thanks
Ted Bourne
November 30th, 2006 at 10:30 pm
Ted: Sure, NSO% means Percent Net Change Since Open, UV means Unusual Volume (X times the 65-day moving average of volume), and %YR means Percent in Yearly Range (new highs will show 100%+ of course).
I like to keep a rolling list of “notable” new highs to judge the tone of the market and be aware of what stocks and sectors are strong. Hope that helps.
December 1st, 2006 at 2:07 am
PMU making new highs every day….
December 1st, 2006 at 7:17 am
Hi Chairman,
Could you please clarify how %YR is calculated? I tried using 100*(today’s high - yesterdays’s 52-week high)/yesterdays’s 52-week high but couldn’t get the same values noted on the table.
Thanks, Manny
December 1st, 2006 at 9:52 am
manny: Qcharts help is such a mess now that I had to refer to the erlanger2000 site for this explanation:
% in yearly range
\”percent in yearly range\” - This snapshot field displays where the last price is relative to the high and low over the last calendar year. If the stock makes a new yearly high, this statistic will be 100 percent. If it is at the yearly low, it will be at zero percent.