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The stock markets have been very volatile in the last 2 weeks. The Dow Jones index lost 11.7% in 8 trading days from Aug1st to 10th. Standard & Poor’s downgrade of the US credit and credit problems in France caused a massive sell off. There was a reprieve rally that pushed the stock market higher by 5% in the last two trading days of the week. Stookle.com's algorithms detected the dead cat bounce in the following S&P 500 stocks (click on image to enlarge):

Office Depot (NYSE:ODP): Office Depot is a Florida based office supplies retail chain. It recently announced permanent appointment of its interim CEO Neil Austrian. Austrian has helped make the company’s outlook better since his take over as an interim CEO. ODP is trading a little higher than its book value of $2.50, the trading volume in the last 10 days has increased by 40% compared to the 3 month average volume. The stock closed at $2.63 on Friday, falling $1.15 or 30.42% in the last 2 weeks.

Zions Bancorporation (NASDAQ:ZION): Zions Bancorporation is a financial holding company. The company along with its subsidiaries owns and operates eight commercial banks. ZION focuses on providing community banking services. The stock is trading at 9.11 times forward earnings, well below its book value of $24.88. The trading volume in the last 10 trading day’s increased by 90% compared to its 3 month average volume. The stock closed at $16.49, falling $5.41 or 24.7% in the last 2 weeks.

BB&T Corporation (NYSE:BBT): BB&T Corporation operates as the financial holding company for Branch Banking and Trust Company that provides banking and trust services. BBT is trading at 8.18 times forward earnings multiples. The company has a book value of $24.37 and is expected to grow earnings at 16% over the next 5 years. The trading volume in the last 10 days increased by over 65% compared to the 3 month average volume. The stock closed at $20.54, falling $5.14 or 20% in the last 2 weeks.

Monster Worldwide Inc (NYSE:MWW): Monster Worldwide, Inc., together with its subsidiaries, provides online employment solutions in North America, Europe, and Asia. MWW is trading at 11.4 times forward earnings and is expected to grow earnings at 14% over the next 5 years. Monster is trading below its book value of $9.70. The average trading volume in the last 10 days has increased by over 90% compared to the 3 month average volume. The stock closed at $8.66, falling $3.08 or 26.24% in the last 2 weeks.

Hudson City BankCorp (NASDAQ:HCBK): Hudson City Bancorp, Inc. operates as the bank holding company for Hudson City Savings Bank that provides a range of retail banking services. The Bank is a federally chartered stock savings bank. HCBK is trading at 7.60 times forward earnings and is expected to grow earnings at 5% over the next 5 years. HCBK is trading its book value of $9.89. The average trading volume in the last 10 days has increased by over 70% compared to the 3 month average volume. The stock closed at $6.23, falling $2.02 or 24.4% in the last 10 trading days.

Source: 5 S&P 500 Stocks in a Dead Cat Bounce