Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of water-handling equipment manufacturer Mueller Water Products
So what: Move along, nothing to see here -- Mueller has no significant news going on and the water-equipment sector is pretty quiet in general. China Valves Technology
Now what: I think we're looking at an amplified version of the larger market today as the Dow and S&P 500 jumped due to good jobs data, but then dropped back down on other economic fears. Water-related infrastructure projects live and die by government projects and housing markets. As for that sudden 18% jump, I don't think you'll find a rational explanation anywhere -- thinly traded stocks like Mueller simply misbehave sometimes.
Interested in more info on Mueller Water Products? Add it to your watchlist.