Top Narrow Based Indexes For January 31 (DEPO, URZ, MEE)

By 11:00 am, the Dow Jones Industrial Average was up 23.92 points, or 0.20%, to 11,847.62, while the broader Standard & Poor's 500 index had gained 4.94 points, or 0.39%. The NASDAQ composite index fell 0.59 point, or 0.02%. Some of the narrow based indexes that are supporting the markets are Diabetes Stocks, which have gained 7.2%, Uranium Stocks, up 3.1%, and Coal Stocks, moving 2.4% higher as a group. In Tickerspy's Diabetes complex, Depomed Inc DEPO had surged 30.8%. The Food and Drug Administration (FDA) has approved DEPO's Gralise one-daily tablets for the treatment of post-herpetic neuralgia. The best performing Tickerspy Uranium stock has been Uranerz Energy Corporation URZ, which was up 11.7%. URZ had $21.08 million in total cash and no debt for the latest quarter. Massey Energy Company MEE is today's leading Tickerspy's Coal stock, gaining 10.3%. Alpha Natural Resources ANR announced its plans to purchase MEE for $8.5 billion. Read more from Benzinga's Markets.