TradingMarkets Mid-Day Movers
TradingMarkets just released a
proprietary stock rating method called href=”https://tradingmarkets.com.site/powerratings”>color=#ff0000>Powercolor=#ff0000>R
ranks stocks 1-10 and the higher the rating, the greater the one-week historical
gain has been.
href=”https://tradingmarkets.com.site/powerratings”>color=#ff0000>Powercolor=#ff0000>Ratings were
created by Cesar Alvarez, Director of Research for Connors Capital, LLC. Cesar
looked back at more than 5.5 million trades between Jan 1, 1995 and Dec 1, 2005.
The results are based on the average 5-day performance.
To find out more about style=”TEXT-DECORATION: none”
href=”https://tradingmarkets.com.site/powerratings”>color=#ff0000>Powercolor=#ff0000>Ratings href=”https://tradingmarkets.com.site/stocks/commentary/lftw/12132005-47902.cfm”>click
here.
Major indices all trading fractionally lower.Â
Dow is holding 11,000, S&P is down 1.58 at 1292.60 and Nasdaq is down 2.20 at
2329.16.
Downgrades in Coca-Cola and J.P. Morgan lead the
markets to slide; analysts agree that future earnings report will make or break
this rally.
Crude oil edges towards $65 a barrel on news that Iran
continues to pursue nuclear technology.
Gold futures have backed off of their recent highs;
demand for gold remains strong on inflation fears and heavy consumption in Asia.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Guidant
(
GDT |
Quote |
Chart |
News |
PowerRating) accepts
Johnson&Johnson’s
(
JNJ |
Quote |
Chart |
News |
PowerRating) second offer of
$23.5 billion. Boston Scientific
(
BSX |
Quote |
Chart |
News |
PowerRating)
plans to continue their efforts to buy-out GDT. GDT’s face=Arial color=#000000 size=2>
(color=#ff0000>P
(color=#ff0000>Powercolor=#ff0000>Rating). BSX’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
Anheuser-Busch
(
BUD |
Quote |
Chart |
News |
PowerRating) was
cut to under-perform from inline by Goldman Sachs. BUD’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
Coca-Cola
(
KO |
Quote |
Chart |
News |
PowerRating) was
downgraded to inline from outperform by Goldman Sachs. KO’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
J.P. Morgan Chase
(
JPM |
Quote |
Chart |
News |
PowerRating)
was downgraded by Piper Jaffrey to market perform from outperform. JPM’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
AT&T
(
T |
Quote |
Chart |
News |
PowerRating) was upgraded
by Prudential to overweight from neutral. AT&T’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
Apple
(
AAPL |
Quote |
Chart |
News |
PowerRating) was
upgraded to outperform from peer perform by Bear Stearns. AAPL’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
RadioShack’s
(
RSH |
Quote |
Chart |
News |
PowerRating)
earnings for 2005 will not reach company’s previous target range. RSH’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
width=”26%” height=14>
Dow
align=middle width=”41%” height=14>
-37.22
align=middle width=”48%” height=14>
11,006.22
width=”26%” height=16>
NASDAQ
align=middle width=”41%” height=16>
-4.32
align=middle width=”48%” height=16>
2,327.04
width=”26%” height=16>
S&P 500
align=middle width=”41%” height=16>
-2.02
align=middle width=”48%” height=16>
1,292.16
width=”26%” height=16>
align=middle width=”41%” height=16>
size=2>NYSE
align=middle width=”48%” height=16>
size=2>NASDAQ
width=”26%” height=14>
Volume
align=middle width=”41%” height=14>
866,523,000
align=middle width=”48%” height=14>
842,163,000
width=”26%” height=16>
Advances
align=middle width=”41%” height=16>
1270
align=middle width=”48%” height=16>
1240
width=”26%” height=16>
Declines
align=middle width=”41%” height=16>
1852
align=middle width=”48%” height=16>
1555
width=”26%” height=16>
Up Volume
align=middle width=”41%” height=16>
316
align=middle width=”48%” height=16>
407
width=”26%” height=16>
Down Volume
align=middle width=”41%” height=16>
438
align=middle width=”48%” height=16>
337
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
172
align=middle width=”48%” height=16>
133
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
19
align=middle width=”48%” height=16>
8
Â
Strongest
Sectors
Weakest
Sectors
(
XOI |
Quote |
Chart |
News |
PowerRating)
(
XAL |
Quote |
Chart |
News |
PowerRating)
(
OIX |
Quote |
Chart |
News |
PowerRating)
(
NWX |
Quote |
Chart |
News |
PowerRating)
(
DXE |
Quote |
Chart |
News |
PowerRating)
(
HUI |
Quote |
Chart |
News |
PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Trade Deficit Narrows More Than
Economists Expected (full
story).
Initial Jobless Claims Increase
Modestly (full
story).
Import Prices Fall Modestly While
Export Prices Edge Higher (full
story).
Helvetica>
John Patrick Lee
johnl@tradingmarkets.com
face=Arial color=#000000 size=2>