Top Narrow Based Indexes For December 4, 2012
By 10:20 am, the Dow Jones Industrial Average was up 49.88 points, or 0.38%, to 13,015.48, while the broader Standard & Poor's 500 index had gained 2.49 points, or 0.18%. The NASDAQ composite index fell 1.70 points, or 0.06%.
Some of the narrow based indexes that are supporting the markets are Cosmetic Laser Stocks, which have gained 1.8%, Dry Bulk Shipping Stocks, up 1.4%, and Airline Stocks, moving 1.4% higher as a group.
In Tickerspy's Cosmetic Laser complex, Cynosure (NASDAQ: CYNO) had surged 6.3%. Cynosure received FDA clearance to market the PicoSure™ laser workstation for the removal of tattoos and benign pigmented lesions.
The best performing Tickerspy Dry Bulk Shipping stock has been Paragon Shipping (NYSE: PRGN), which was up 4.1%. Paragon Shipping shares have dropped 69.44% over the past 52 weeks, while the S&P 500 index has gained 12.00% in the same period.
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