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Today: Katrina and Oil

Today, Hurricane-related stocks in motion, see Briefing.com note below. High crude oil price is also affecting Stock market.

Briefing.com:

09:03 Gapping Up

Hurricane-related stock moving higher on Katrina hitting New Orleans: ABIX +26%, TAYD +15%, IPII +13%.... Small cap energy plays running on Katrina: BDCO +15%, NGAS +13%, FUEL +13%, ABLE +9.4%, CNR +9.3%, ROYL +8%, IVAN +8%, GW +6%, Large cap energy also moving: SU +7%, SII +7%, CHK +4.6%, PTF +4%, VLO +3.3%, BP +3.1%, HAL +3%, FRO +3%, COP +2.6%... Alternative energy/fuel cell stocks also moving in part on Katrina: CPST +15% (also First Albany upgrade; tgt $6), MCEL +13% (also awarded Phase II funding), ENER +3.5%... Other News: NXXI +49% (FDA approves claim), NDC +7.3% (to be acquired by PSTI), MUSE +6% (Deutsche upgrade; $9 tgt), JOYG +3% (to join S&P 400), HD +2.6% (hurricane), LOW +2% (same), BMHC +2.7% (same).


This post first appeared on Online Trading, please read the originial post: here

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Today: Katrina and Oil

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