Top Narrow Based Indexes For March 18 (CIGX, MDTH, FNSR)
The market was mixed today, with the Dow Jones Industrial Average rising around 29 points to 10,762.62, while the S&P 500 slipping 0.65 points. While Dow is being influenced by Boeing (NYSE: BA), S&P 500 is getting pulled down following a round of economic data and corporate results. Some narrow based indexes that are adding to the gains include the Tobacco and Tobacco Product Stock, which have gained 2.9%, Hospital Stocks, up 1.9%, and Optical Networking Stocks, moving 1.8% higher as a group.
In Tickerspy's Tobacco and Tobacco Product complex, Star Scientific (NASDAQ: CIGX) has surged 15.62%. CIGX has a market cap of only $214.98 million, so the shares can be extremely volatile.
The best performing Tickerspy Hospital Stocks stock has been MedCath Corp (NASDAQ: MDTH), which was up 27.03% at 3:11 pm. MDTH was upgraded by Deutsche Bank from “hold” to “buy.”
Finisar Corp (NASDAQ: FNSR) is today’s leading Tickerspy's Optical Networking Stocks stock, gaining 7.50% at 3:14 pm. The communications network company increased the amount of stock it is publicly offering from 7.2 million shares to 8.6 million shares.
