20 Winners During a Painful Week
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Eliot who? After Friday's financial turmoil rocked the markets, the Spitzer scandal that broke last Monday has moved to the back of Wall Street's mind. Last week was all over the place, but in the end, the S&P 500 was down just 0.40%. While things seem bad going into the weekend, equity markets were at lower levels multiple times this week. As shown in the chart below, we were at or below these levels at the close on Monday, at noon on Tuesday and even at 10:30 on Thursday.
At least there were some stocks up on Friday. Below we highlight stocks in the Russell 1,000 that were up 2% or more on the day. Notables on the list include Dicks Sporting Goods (DKS), GameStop Corp. (GME), St. Joe Co. (JOE), Eastman Kodak Co. (EK) and Boeing Co. (BA).
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