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Wednesday, October 19, 2011

A Bullish Sign - Insider Buying: (VPHM), (WTM), (CBZ), (DRI), (ED)

Shares of ViroPharma Inc. (VPHM) fell by 1.25% or $-0.24/share to $19.01. In the past year, the shares have traded as low as $14.39 and as high as $22.16. On average, 995170 shares of VPHM exchange hands on a given day and today's volume is recorded at 94513. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $18.45 area where the stock will likely see buying pressure. The stock has insider ownership of 0.01%.

Shares of White Mountains Insurance Group, Ltd. (WTM) fell by 0.48% or $-2.00/share to $415.0. In the past year, the shares have traded as low as $312.29 and as high as $438.27. On average, 16870 shares of WTM exchange hands on a given day and today's volume is recorded at 4201. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $402.33 area where the stock will likely see buying pressure. The stock has insider ownership of 11.69%.

Shares of CBIZ, Inc. (CBZ) traded higher by 0.19% or $0.01/share to $6.95. In the past year, the shares have traded as low as $5.22 and as high as $7.75. On average, 273720 shares of CBZ exchange hands on a given day and today's volume is recorded at 17181. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $7.04 represents resistance and the 50-day moving average of $6.65 would be an area of support. The stock has insider ownership of 4.04%.

Shares of Darden Restaurants, Inc. (DRI) fell by 0.96% or $-0.45/share to $46.31. In the past year, the shares have traded as low as $40.28 and as high as $53.27. On average, 2532450 shares of DRI exchange hands on a given day and today's volume is recorded at 465747. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $47.02 represents resistance and the 50-day moving average of $45.31 would be an area of support. The stock has insider ownership of 0.65%.

Shares of Consolidated Edison Inc. (ED) traded higher by 0.56% or $0.32/share to $58.35. In the past year, the shares have traded as low as $45.90 and as high as $58.80. On average, 2813140 shares of ED exchange hands on a given day and today's volume is recorded at 747521. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $55.98 area where the stock will likely see buying pressure. The stock has insider ownership of 0.18%.