EnerSys, American Dental Partners and Cyberonics lead small-cap percentage losers
Also included among the results: Isramco Inc. (Nasdaq:ISRL), IEC Electronics Corp. (Nasdaq:IEC), Wonder Auto Technology Inc. (Nasdaq:WATG), Destination Maternity Corp. (Nasdaq:DEST), Ames National Corp. (Nasdaq:ATLO) and LaserCard Corp. (Nasdaq:LCRD).
Abaxis, Lithia Motors and Orthovita among 52-week highs
Also included among the results: MedQuist Inc. (Nasdaq:MEDQ), Destination Maternity Corp. (Nasdaq:DEST), China Automotive Systems Inc. (Nasdaq:CAAS), Isilon Systems Inc. (Nasdaq:ISLN), Nicholas Financial Inc. (Nasdaq:NICK) and Symmetricom Inc. (Nasdaq:SYMM).
West Marine, Patni Computer Systems and Sourcefire among 52-week highs
Targacept, Merchants Bancshares and Destination Maternity among 52-week highs
Also included among the results: Sinovac Biotech Ltd. (Nasdaq:SVA), American National Bankshares Inc. (Nasdaq:AMNB), SonicWALL Inc .(Nasdaq:SNWL), Rewards Network Inc. (Nasdaq:DINED), Enterprise Acquisition Units (Nasdaq:EST.U) and Sharps Compliance Corp. (Nasdaq:SMED).
CNinsure, Medicinova and Sharps Compliance among 52-week highs
Also included among the results: Amcon Distributing Co. (Nasdaq:DIT), Destination Maternity Corp. (Nasdaq:DEST), Young Innovations Inc. (Nasdaq:YDNT), Medifast Inc. (Nasdaq:MED), Universal Forest Products Inc. (Nasdaq:UFPI) and Health Fitness Corp. (Nasdaq:FIT).
Ohio Valley Banc, Spectrum Pharmaceuticals and ShoreTel among 52-week highs
Also included among the results: 99 Cents Only Stores (Nasdaq:NDN), Wilber Corp. (Nasdaq:GIW), North Asia Investment Corp. (Nasdaq:NHR), Home Bancorp Inc. (Nasdaq:HBCP), Destination Maternity Corp. (Nasdaq:DEST) and Duckwall Alco Stores Inc. (Nasdaq:DUCK).
Spectrum Pharmaceuticals, Destination Maternity and 99 Cents Only Stores among 52-week lows
Also included among the results: Citizens Holdings Co. (Nasdaq:CIZN), Computer Programs And Systems Inc. (Nasdaq:CPSI), Schweitzer Mauduit International Inc (Nasdaq:SWM), Wilber Corp. (Nasdaq:GIW), Compellent Technologies Inc. (Nasdaq:CML) and Seneca Foods Corp. (Nasdaq:SENEA).
Destination Maternity, Quigley and Cascade lead small-cap percentage losers
Also included among the results: Mercadolibre Inc. (Nasdaq:MELI), Heritage Commerce Corp. (Nasdaq:HTBK), OceanFirst Financial Corp. (Nasdaq:OCFC), China Finance Online Co Ltd. (Nasdaq:JRJC), Raven Industries Inc. (Nasdaq:RAVN) and Hawk Corp. (Nasdaq:HWK).
Virtual Radiologic, Heartland Financial USA and Meritage Homes lead small-cap percentage gainers
Also included among the results: Destination Maternity Corp. (Nasdaq:DEST), Parexel International Corporation (Nasdaq:PRXL), Hexcel Corp. (Nasdaq:HXL), ev3 Inc. (Nasdaq:EVVV), Quaker Chemical Corp. (Nasdaq:KWR) and Intevac Inc. (Nasdaq:IVAC).
RCRC, PNBK, & DEST Stun the Market
Stocks are trading higher this afternoon as earnings reports from industrial and technology companies have buoyed investor sentiment.
At 2:00 pm ET, the Russell 2000 (NYSE:IWM) is up 1%, while the Dow is slightly lower at 0.19%, and the S&P 500 is trending 0.30% higher.
Small-cap Continental Airlines Inc. (NYSE:CAL) rose $0.58, or 3.9%, to $15.58 today despite reporting this morning that it lost $136 million in the first quarter as traffic fell and business travelers saved money by moving from first-class to the coach cabin.
Other small caps moving higher today include RC2 Corporation (Nasdaq:RCRC), up a whopping 45% after posting a surprise Q1 profit and guiding above estimates. Patriot National Bancorp (Nasdaq:PNBK) is up 35% on very low volume, and small-cap retailer Destination Maternity Corp. (Nasdaq:DEST) is up a stunning 32% after reporting its Q2 earnings.
*****I received a very topical question from a SCI Daily reader …
Do you think that Obama is a legitimate "for the ordinary people" real deal, or is he just another cleverly marketed pretty face representing the interests of the ruling class? If you prefer call them the rich, the wealthy, the owners, the bosses … whatever works for you. In the end they are the same people. I deliberately did not label them as capitalists because I believe that they are corrupt capitalists, scamming the game in their favor even though their performance is proven to be mediocre. In real capitalism, ability and performance matter. As in, let the failed banks, brokerages, etc fail and allow the strong to take them over. When I read about these recent government led bailouts it becomes clear that we have been set up and conned into taking the hit for the unworthy managers, making it possible - inevitable - for the rich to triumph regardless of their audacious arrogance and incompetence. This is not what I understand capitalism to be - and it stinks!
I have to admit, I started to get sucked in by the President’s charm the day he stood on the steps of the Capitol and told us of the sacrifices and hard work that lay ahead for Americans.
I also must now admit that I am extremely disappointed in how President Obama he has dealt with continuing problems on Wall Street. He has repeatedly shown that he is unwilling to take a hard line with the likes of AIG, Citigroup, Goldman Sachs and all the rest.
When the bankers can dictate policy, America is in serious trouble. That’s what got us to where we are now and quite frankly, President Obama doesn’t seem to be changing this situation, for whatever reason, and you’re right: it stinks.
Wall Street has essentially robbed America. And now Washington is driving the getaway car. Washington is essentially helping Wall Street with . . .
RC2, Destination Maternity and AirTran Holdings lead small-cap percentage gainers
Also included among the results: P.F. Chang's China Bistro Inc. (Nasdaq:PFCB), Temple-Inland Inc. (Nasdaq:TIN), GMX Resources Inc. (Nasdaq:GMXR), Diedrich Coffee Inc. (Nasdaq:DDRX), Perry Ellis International Inc. (Nasdaq:PERY) and Andersons Inc. (Nasdaq:ANDE).
Commodities pace light volume post-holiday rise
Today’s light volume, limited range affair was remarkably similar to Wednesday’s session, which saw the thinnest one-day range since the whole stock market collapse kicked into gear back in mid-September. On a weekly basis, this was also the tightest range seen in several months.
When looking at sector activity today, commodities were a recurring upside theme, with metals and mining firms, gold stocks, aluminum, oil and gas drillers ranking among the best performing sectors. The U.S. dollar was down modestly against the euro, but this appeared to be more a push for commodity markets than simply a value play based on foreign exchange movement. The Commodity Research Bureau Index was up about 1.3% on the day, with energy, grains and metals leading the way. Gold prices were up 2.7% to a weekly high, and grain markets took flight amid concerns about . . .

















