Dow Hits Record Closing High

Intel and Home Depot lead blue chip rally. Crude oil
futures close higher by 1.7% to $59.55.

Monday’s
market action created a 10-day intraday high as on the the Nasdaq
(explanations below), which is a bearish signals. It will be interesting to see if we get more
bearish signals next week and if any trigger on the SPX, which is nearing its
52-week high level (click
here for more info
).

href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move

D.R. Horton
(
DHI |
Quote |
Chart |
News |
PowerRating)
Q4 Profit Plummets On
Charges, Lower Revenues (full
story
).  DHI shares jump over 9%.

Target
(
TGT |
Quote |
Chart |
News |
PowerRating)
Q3 Profit Rises 16.2% On
Retail, Credit Card Operations (full
story
).  TGT shares rise 2.25%.

Fossil
(
FOSL |
Quote |
Chart |
News |
PowerRating)
Reports Q3 Preliminary
Results, Said Worldwide Net Sales Rose 16.4% In Q3; Sees Net Sales Growth In Low
Double-digit Range For Q4 (full
story
).  FOSL shares rise nearly 2%.

Agilent
(
A |
Quote |
Chart |
News |
PowerRating)
Q4 Profit Surges; Adj. EPS Misses
Estimate; Revenues Up 6%; Guides Q1 (full
story
).  A shares drop 5.7%.

Ford
(
F |
Quote |
Chart |
News |
PowerRating)
Restates Results From 2001 Through
2005; Narrows Q3 FY06 Loss By $550 Mln (full
story
).  F shares fall nearly 1%.

BJ’s Wholesale Club
(
BJ |
Quote |
Chart |
News |
PowerRating)
Q3 Profit Declines
On Increased Expenses (full
story
).  BJ shares rise by 3.7%.

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.



Market Snapshot

cellPadding=0 width=”60%” border=1 height=”184″>










































style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=18>

Dow

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=18>

+85.89

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=18>

12,217.77

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=16>

NASDAQ

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=16>

+24.28

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=16>

2,430.66

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

S&P 500

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>
+8.78
style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>
1,393.20
style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

size=2>NYSE

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

size=2>NASDAQ

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

Volume

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

2,937,746,000

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

1,879,675,000

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=16>

Advances

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=16>

2379

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=16>

1965

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

Declines

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

899

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

1094

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=15>

Up Volume

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=15>

2003

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=15>

1259

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

Down Volume

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

672

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

504

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

New Hi’s

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>

307

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

218

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
width=”33%” height=17>

New Lo’s

style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”33%” height=17>
25
style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

60



Strongest/Weakest Sectors

cellPadding=0 width=”60%” border=1 height=”82″>












Strongest
Sectors


Weakest
Sectors

PHLX Semiconductor Index (SOX)

PHLX Gold and Silver Sector Index (XAU)
Amex Disk Drive Index (DDX) Amex Gold Bugs Index (HUI)
GSTI Semiconductor
Index (GSM)
S&P Chemical Index (CEX)

href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News

Producer prices fell 1.6% in October matching a 5 year low.

Retail sales fell 0.2%.

Business inventories rose 0.4% in September vs. 0.6% expected
increase.

DHelvetica>arren Wong

darrenw@tradingmarkets.com


face=Arial color=#000000 size=2>

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


 

Â