TradingMarkets Mid-Day Movers

Major indices trade fractionally higher as crude continues to fall. Crude oil futures fall by 2% to $58.27.

Friday's market action created a bullish Put/call signal on the S&P 500 Index (explanations below).  This signal marks a coming move upwards. It will be interesting to see if we get more bullish signals this week (click here for more info).

Stocks on the Move

KB Home (KBH | Quote | Chart | News | PowerRating) Reveals Stock Option Probe Results, Retirement Of Chairman And CEO; Jeffrey Mezger Takes Over As New CEO (full story).  KBH shares rise by nearly 2%.

Sun Capital, Golden Gate Affiliates To Buy Eddie Bauer Holdings (EBHI | Quote | Chart | News | PowerRating) In About $614 Mln Cash Plus Debt Deal (full story).  EBHI shares rise by over 1%.

Tyson Foods (TSN | Quote | Chart | News | PowerRating) Slips To Loss In Q4 On One-time Charges, Lower Sales; Aims To Return To Profitability In Q1, Guides F707 (full story).  TSN shares rise by 3.5%.

Merck (MRK | Quote | Chart | News | PowerRating) Launches Advertising Campaign For GARDASIL; Reveals Results Of Arthritis Study Program (full story).  MRK shares rise by 0.8%.

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.