Look Who’s Announcing After The Close
Stocks are higher on this
Veteran’s Day.
The major indices are all higher following
yesterday’s small pullback. Nearly every sector is in the green with exceptions
in energies and healthcare. Lower oil prices are helping stocks today as crude
prices are easing below the $48 level. The fixed-income markets are closed in
observance of the Veteran’s Day Holiday.Â
Software giant Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) is
trading above the $30 level again. Share of Microsoft have not seen $30 since
last September. The shares are benefiting from strong sales of the highly
anticipated “Halo 2” video game. Separately, the company is unveiling
it’s own search engine today.
Nortel
(
NT |
Quote |
Chart |
News |
PowerRating):
is delaying its 10-Q filing
again. The world’s biggest telecom equipment maker is delaying once again
because of revenue reporting issues.Â
Apple
(
AAPL |
Quote |
Chart |
News |
PowerRating): French Competition Council dismissed anticompetitive
complaints related to its iPod.
Coca Cola
(
KO |
Quote |
Chart |
News |
PowerRating): is trading lower after the company trimmed its long
term targets. Â
Dell
(
DELL |
Quote |
Chart |
News |
PowerRating): will announce their Q3 results today after the bell.
Analysts are looking for 33 cents a share and $12.5 in revenues.Â
| Dow | +63.64 | 10449.34 |
| S&P 500 | +7.26 | 1170.17 |
| Nasdaq | +14.05 | 2048.55 |
Strong sectors are: Computer
Hardware
(
HWI.X |
Quote |
Chart |
News |
PowerRating) +1.68%, Networking
(
NWX.X |
Quote |
Chart |
News |
PowerRating) +1.62 %,
Airlines
(
XAL.X |
Quote |
Chart |
News |
PowerRating) +1.59%.
Weak sectors are: Oil
Services
(
OSX.X |
Quote |
Chart |
News |
PowerRating) -0.52%, Energy
(
DXE.X |
Quote |
Chart |
News |
PowerRating) -0.33, Health
Providers
(
RXH.X |
Quote |
Chart |
News |
PowerRating) -0.06%.
The dollar is -0.06 at
84.44
Gold is +1.10 at 435.50
Crude Oil is -1.31 at 47.55
869 million on the Nasdaq.
Market breadth is positive.
| NYSE | Issues | |
| Advancing | 2139 | Up Vol 543 |
| Declining | 980 | Down Vol 253 |
| Ratio | 2.18 | 2.15 |
| Nasdaq |
||
| Advancing | 1717 | Up Vol 594 |
| Declining | 1196 | Down Vol 266 |
| Ratio | 1.43 | 2.23 |
Brice Wightman