TradingMarkets Mid-Day Movers

Markets trade flat through the morning session.  Crude oil futures trade lower by 3% to $58.80.

Friday's market action gave a bullish put/call signal on the S&P 500 Index (explanations below).  It will be interesting to see if we get more bearish signals today and through the week (click here for more info).

Stocks on the Move

Verizon (VZ | Quote | Chart | News | PowerRating) Q3 Profit Rises On Strong Wireless Revenue Growth (full story).  VZ shares drop by 4%.

Humana (HUM | Quote | Chart | News | PowerRating) Q3 Profit More Than Triples On 48% Revenue Growth; Adj. EPS Misses Consensus; Guides Q4, FY07, Backs FY06 View (full story).  HUM shares drop by 6%.

Clear Channel (CCU | Quote | Chart | News | PowerRating) Q3 Profit Down 9.5%; Revenue Up 7% (full story). CCU shares trade fractionally higher.

Bear Stearns & Co. Raises Biogen Idec Inc. (BIIB | Quote | Chart | News | PowerRating) To Peer Perform From Underperform.  BIIB shares trade fractionally higher.

Bear Stearns & Co. Raises Carpenter Technology (CRS | Quote | Chart | News | PowerRating)To Outperform From Peer Perform With $135 Price Target.  CRS shares trade higher by nearly 3%.

For more stories as they happen, go to our Breaking News section.

Use our most popular trading tool to find out how your stocks will move in the next 5 days.

Put/Call Ratio Alert-Put/Call ratio readings below .50 are short-term bearish for the market, especially when its below its 200 day ma. Put/Call ratio readings above .90 are usually bullish, especially when the market is trading above its 200 day ma.