Leaning Green
On the heels of Wednesday’s big Fed-induced bounce, stocks are set for
another positive open as earnings season kicks into high gear.
The Dow futures are up 17 points, and the Nasdaq futures are up 32.50 points.
The S&Ps look to open up 1 point while the yield on the 10-year Treasury
is 5.18%.
Weekly jobless claims fell 10,000 to 385,000 which continues the multi-week
uptrend of new claims.
Thursday Movers
Apple Computer
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AAPL |
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PowerRating) trounced earnings estimates after the bell
Wednesday and traded sharply higher in after hours action. Apple is set for a
gap-up open Thursday and is trading up to 25.74 in pre-market trade following a
Wednesday close of 22.74.
Siebel Systems
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SEBL |
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PowerRating) announced earnings of 15 cents per share after the
bell Wednesday, and that topped analyst estimates by a penny. Siebel has moved
sharply higher on the news and is currently trading up to 41.60 following its
Wednesday close of 33.92.
Vitesse Semiconductor
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VTSS |
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PowerRating) gained 5.06 to 30.65 Wednesday and is
looking to add to that gain again Thursday. VTSS is currently trading up to
32.40 in pre-market activity.
Ciena
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CIEN |
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PowerRating) is also looking at a positive open and is trading up to
60.00 following a Wednesday close of 58.06.