Mixed Trading Starts Off the Week

  • February 5, 2007
  • Darren Wong

The major averages turned in a mixed performance throughout Monday’s session, with
the Dow posting a modest gain while the

Nasdaq and the S&P 500 closed below
the unchanged line. Top blue chip gainers include
Hewlett-Packard
(
HPQ |
Quote |
Chart |
News |
PowerRating) and IBM
(
IBM |
Quote |
Chart |
News |
PowerRating), gaining
1.7% and 1% respectively.

Our
PowerRatings
Heat Maps*
continues to hold a neutral to bearish bias on the overall
markets, which has played out in the last 3 sessions.

Click here for a free trial to Heat Maps, so that you can
quickly gauge overall market direction or go deeper into
individual sectors.

After reaching a high of $59.95 in
Monday’s session, profit taking set in and crude for March
delivery closed lower by $0.28 to $58.74 a barrel. Gold for
April delivery was able to maintain its early gains by finishing
up $4.60 to $656.10 an ounce in today’s session.


Stocks in
Motion

UnitedHealth
(
UNH |
Quote |
Chart |
News |
PowerRating) Sees Modest Fall In
SecureHorizons Medicare Advantage Membership; Cuts FY07 Revenue Outlook; Backs
Net Earnings View (full
story). UNH shares trade lower by 1%.

Humana
(
HUM |
Quote |
Chart |
News |
PowerRating) Q4 Profit More Than Doubles;
Revenue Increases 54%; Lifts FY07 EPS View (full
story). HUM shares rise by 1%.

Carl Icahn Targets Lear
(
LEA |
Quote |
Chart |
News |
PowerRating); Makes
$2.75Bln Cash Bid (full
story). LEA shares jump 11.6%.

Royal Caribbean Cruises
(
RCL |
Quote |
Chart |
News |
PowerRating) Swings To
Profit In Q4 On Lower Cruise Costs; Guides Q1, FY07 (full
story). RCL shares lose 5%.

KLA-Tencor
(
KLAC |
Quote |
Chart |
News |
PowerRating) Q2 Profit Rises
Despite Charges, Revenues Increase (full
story). KLAC shares rise by 2.6%.

B/E Aerospace
(
BEAV |
Quote |
Chart |
News |
PowerRating) Q4 Profit Plunges
On Prior Year Tax Benefit; Revenue Up 44%; Lifts FY07 EPS View (full
story). BEAV shares jump 4.5%.

Columbia Laboratories
(
CBRX |
Quote |
Chart |
News |
PowerRating) Plunging On
Phase III News (full
story). CBRX shares plunge 68%.

For more stories as they happen, go to our
Breaking News section.

Market Snapshot

Dow

 +8.25 12,661.74

NASDAQ

 -5.28 2,470.60

S&P 500

 -1.40 1,446.99

NYSE NASDAQ

Volume

 2,322,105,000 1,880,090,000

Advances

 1455 1235

Declines

 1824 1797

Up Volume

 1021 847

Down Volume

 1116 920

New Highs

 294 185

New Lows

 12 41



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors
Morgan Stanley Healthcare Providers (RXH) Amex Airline Index (XAL)
Nasdaq Telecommunications Index (IXTC) GSTI Software Index (GSO)
Nasdaq Other Index (OFIN) S&P Chemicals Index (CEX)


Economic
News

ISM Services 59.0
vs 57.0 consensus

Darren Wong

Associate Editor

darrenw@tradingmarkets.com