New Split Drops
| SBL - Symbol Technologies $45.51 -0.03 (-0.08) |
A quick down spike on Monday knocked us out of this volatile stock. Curiously, SBL has enjoyed some good news the past couple of days; nevertheless, the stock has been unable to make any progress. Quite simply, technology stocks, even those with excellent growth pictures and increasing profits are failing to hold on to investors during this very jittery market.
New Candidate Drops
None
New Momentum Drops
| JKHY - Jack Henry and Associates Inc. $23.13 -0.25 (-1.19) |
However, the stock reversed directions later in the session. Shares of JKHY traded to an intra-day low of $22.75 on volume of 531,900 shares. We were stopped out at the intra-day low, so we are closing this play tonight.
| LMT - Lockheed Martin Corp. $34.97 -1.23 (-2.03) |
Lockheed Martin Corporation came under pressure on Monday morning. The stock fell to an intra-day low of $34.68 on volume of 2.21 million shares early in the session. Our stops were triggered at $35, so we are dropping the stock from our Current Plays list.
Drops Index
