Big Decline? Or Big Oppurtunity?
The market took its biggest hit all year last week. With growing uncertainty of what the Federal Reserves next move might be, many investors are seeking shelter.
The increasing volatily seems to only be added to the fears. Several times in recent trading sessions, the market has gapped up substancially, only to give back those early morning gains and close down on the day. The Dow is off over 6 percent from its recent six-year of 11,642 hit last month, and down more than 355 points last week alone.
Where are the bright spots?
Stocks that are bucking the trend. NeWave, Execute Sports, Walker Financial, Network Installations and US Energy Initiatives are just a few that are doing just that.
Since May 10th, NeWave, Inc. (OTCBB: NWWV) has risen nearly 60%, on huge volume. Execute Sports, Inc. (OTCBB: EXCS) is up almost 15%. After finding a good support area, this stock too began to rise. Walker Finacial Corp. (OTCBB: WLKF) was at $0.105 on May 10th. It closed at $0.125 on Friday, up 19%. Network Installations Corp. (OTCBB: NWKI) and US Energy Initiatives Corp. (OTCBB: USEI) although not up as impressively as the others, are up 3% and 1% respectively.
Compare this to a 6% decline in the Dow and an overall market deciline of over 3% just last week.
Stocks that are strong enough to swim against the current, tend to really move when the tide turns in their direction.
The increasing volatily seems to only be added to the fears. Several times in recent trading sessions, the market has gapped up substancially, only to give back those early morning gains and close down on the day. The Dow is off over 6 percent from its recent six-year of 11,642 hit last month, and down more than 355 points last week alone.
Where are the bright spots?
Stocks that are bucking the trend. NeWave, Execute Sports, Walker Financial, Network Installations and US Energy Initiatives are just a few that are doing just that.
Since May 10th, NeWave, Inc. (OTCBB: NWWV) has risen nearly 60%, on huge volume. Execute Sports, Inc. (OTCBB: EXCS) is up almost 15%. After finding a good support area, this stock too began to rise. Walker Finacial Corp. (OTCBB: WLKF) was at $0.105 on May 10th. It closed at $0.125 on Friday, up 19%. Network Installations Corp. (OTCBB: NWKI) and US Energy Initiatives Corp. (OTCBB: USEI) although not up as impressively as the others, are up 3% and 1% respectively.
Compare this to a 6% decline in the Dow and an overall market deciline of over 3% just last week.
Stocks that are strong enough to swim against the current, tend to really move when the tide turns in their direction.

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