Trading is mixed in afternoon trading today as a disappointing homebuilder sentiment report sent some stocks lower. The Nasdaq is trading lower today as Apple falls more than 3% and Google dips more than 2%.
Homebuilder sentiment fell to levels not seen since January. Sentiment was up as a warmer winter and an improving company saw buyers starting new homes.
The Dow is up 90 points, the Nasdaq is down 21 points and the S&P 500 is up slightly.
Sunpeaks Ventures Inc. (OTC:SNPK) is up 6.11% this afternoon at $1.91. SNPK has traded 14.3 million shares so far today and trades 20.5 million shares a day on average. SNPK shares continue to trade higher as the stock promotion campaign remains in full effect. The company has also been releasing news at a steady clip with. Sunpeaks Ventures announced on Friday it has signed an advertising and promotion agreement with another major sports team and that Clotamin will be sold at all Walgreens locations in Arizona.
Converted Organics Inc. (PINK:COIN) is up 62.42% today at $0.0268. COIN has traded 68.7 million shares so far today, more than double its average volume. COIN shares have jumped nearly 300% in the past week.
SEFE, Inc. (OTC:SEFE) is up 7.03% today at $1.37 with an intraday high of $1.38. SEFE has traded 2.1 million shares this afternoon, more than triple its average volume. SEFE shares are up nearly $0.20 in the past two days.
Xinde Technology Company (OTC:WTFS) is up 44.29% today at $0.1010 with an intraday high of $0.12. WTFS has traded 3.1 million shares so far today, 30 times its average volume. Xinde was granted two national utility model patents earlier today.
California Grapes International, Inc. (PINK:CAGR) is up 40% at $0.0042 with an intraday high of $0.0049. CAGR has traded 39 million shares so far today. CAGR shares have jumped about 400% in the past two days.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.