Monkey Throw Dart: June Momentum Stocks

Sunday, June 12, 2011

June Momentum Stocks

The NASDAQ has lost over 6% since the start of the month. Even with that negative return, a few stocks are swimming against the tide and have made big gains since the beginning of June. We can define 'big' as anything over 10% using stocks now trading over $5 with 90 day volume greater than 300,000. The big gappers were filtered out leaving this impressive group.

symbol, name, current price, sector, June performance

JVA, Coffee Holdings, 13.26, Consumer Staples, 59.2%(huge two day caffeine spike)
AXK, Accelr8 Tech, 7.13, Diagnostics Healthcare, 39.2%
ZN, Zion Oil and Gas, 6.98, Oil and Gas, 26.9%
AFFX, Affymetrix, 7.10, Scientific Instr., 17.0%
VRUS, Pharmasset Inc.,119.19 Drug Mfg., 16.6%
BLTI, Biolase Tech., 5.94, Medical Instr., 13.4%
ZAGG, Zagg Inc., 11.63, Specialty Retail, 13.0% (zig-zagging higher since April)
RPTP, Raptor Pharma, 6.26, Diagnotics Healthcare, 12.8%
TITN, Titan Mach., 29.94, Retail Wholesale, 11.7%
ARIA, Ariad Pharma., 9.56, Biotech, 10.0%

Most look like they are due for a retracement but also may have room for more upside action.