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Wednesday, October 5, 2011

Insider Ownership Increasing: (NS), (VHI), (FDX), (ENH), (OPK)

Shares of NuStar Energy L.P. (NS) traded higher by 0.54% or $0.28/share to $52.77. In the past year, the shares have traded as low as $49.02 and as high as $68.45. On average, 173840 shares of NS exchange hands on a given day and today's volume is recorded at 72685. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $57.40 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.26%.

Shares of Valhi, Inc. (VHI) fell by 1.86% or $-1.03/share to $54.29. In the past year, the shares have traded as low as $18.37 and as high as $63.86. On average, 47430 shares of VHI exchange hands on a given day and today's volume is recorded at 20387. 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 $52.77 area where the stock will likely see buying pressure. The stock has insider ownership of 0.47%.

Shares of FedEx Corporation (FDX) traded higher by 2.37% or $1.61/share to $69.47. In the past year, the shares have traded as low as $64.07 and as high as $98.48. On average, 3486390 shares of FDX exchange hands on a given day and today's volume is recorded at 2456230. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $76.61 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 5.08%.

Shares of Endurance Specialty Holdings Ltd. (ENH) traded higher by 0.44% or $0.15/share to $34.28. In the past year, the shares have traded as low as $32.29 and as high as $49.54. On average, 397590 shares of ENH exchange hands on a given day and today's volume is recorded at 115007. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $35.84 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.45%.

Shares of Opko Health, Inc. (OPK) traded higher by 3.94% or $0.17/share to $4.48. In the past year, the shares have traded as low as $2.21 and as high as $5.03. On average, 1261220 shares of OPK exchange hands on a given day and today's volume is recorded at 543471. 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 $4.15 area where the stock will likely see buying pressure. The stock has insider ownership of 1.5%.