The Nasdaq leads the indices closing up 0.5%.
Crude oil futures close lower by 4% to $58.36.
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
Tenet Healthcare (THC | Quote | Chart | News | PowerRating) Sees Q3 Net Loss On
Unpaid Bills, Continuing Softness In Commercial Managed Care Volumes (full
story). THC shares drop over 10%.
Deutsche Bank Lifts Komag Inc. (KOMG | Quote | Chart | News | PowerRating) To
Buy From Hold With $48 Up From $35 Price Target. KOMG shares close higher
by nearly 5%.
Deutsche Bank Lifts Diamond Offshore Drilling (DO | Quote | Chart | News | PowerRating)
To Buy From Hold With $89 Price Target. DO shares fall by nearly 4%.
ABN Amro (ABN | Quote | Chart | News | PowerRating) Profit Drops 5.6% On
Weak Contribution From Antonveneta (full
story). ABN shares close fractionally lower.
Hilton Hotels (HLT | Quote | Chart | News | PowerRating) Sees $2.5 Bln In
Revenue From Website Bookings In FY06 (full
story). HLT shares rise by 0.6%.
CAS Medical Systems (CASM | Quote | Chart | News | PowerRating) Q3 EPS Rises On
Higher Revenues (full
story). CASM shares jump nearly 18%.
Verizon (VZ | Quote | Chart | News | PowerRating) Q3 Profit Rises On Strong
Wireless Revenue Growth (full
story). VZ shares drop by 3%.
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 over 6%.
For more stories as they happen, go to our Breaking
News section.
Market Snapshot
|
Dow |
-3.76 |
12,086.50 |
|
NASDAQ |
+13.15 |
2,363.77 |
|
S&P 500
|
+0.59 |
1,377.93 |
|
|
NYSE |
NASDAQ |
|
Volume |
2,207,809,000 |
1,707,350,000 |
|
Advances |
1716 |
1648 |
|
Declines |
1555 |
1404 |
|
Up Volume |
918 |
1230 |
|
Down Volume |
1076 |
393 |
|
New Hi's |
161 |
119 |
|
New Lo's |
19 |
41 |
Strongest/Weakest Sectors
|
Strongest
Sectors |
Weakest
Sectors |
|
Nasdaq Transportation
Index (TRAN) |
CBOE Oil Index (OIX) |
| Amex Disk Drive Index (DDX) |
Morgan Stanley Healthcare Payors Index (HMO) |
| Amex Airline Index (XAL) |
Amex Oil Index (XOI) |
Economic
News
Personal Income & Spending - Personal Income
Rises 0.5%; Spending Rises 0.1% (Sept.)
Darren Wong
darrenw@tradingmarkets.com
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.
