New Year Rally Continues
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.
Dow Jones Industrial Average closes above 11,000 at 11,011.26; first time
Dow has closed above 11,000 since June 7, 2001.
Nasdaq at five year closing high, up 13.07 at 2318.69; tech stocks lead the
drive.
Consumer credit falls for two straight months; first such occurrence in over
two years.
GM closes up 7.4% after being upgraded by Goldman Sachs; company also unveils
new Camaro in Detroit. GM’s face=Arial color=#000000 size=2>
(color=#ff0000>P
IBM down 1% after being downgraded by J.P. Morgan. IBM’s face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating).
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Saks face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating)
Appoints Stephen Sadove CEO; Reveals Strategic Alternatives For Parisian
Department Store (full
story).
Radio Host Howard Stern Makes His Debut On Sirius
Satellite Radio face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating) (full
story).
Helen Of Troy face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating) Q3
Profit Falls 27.2% On Lower Revenue And Gross Margin, Sees Q4 EPS Below
Estimates, Cuts FY05 EPS Outlook (full
story).
Boston face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating)
Scientific Q4 Preliminary Sales Decline 3.8% On Lower Stent System Sales (full
story).
Triad Hospitals face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating) Cuts
Q4 EPS Below Estimates, Guides Q4 Revenues Above Consensus, Sees FY06 EPS Below
Estimates (full
story).
Celgene face=Arial color=#000000 size=2>
(color=#ff0000>Powercolor=#ff0000>Rating) Sees
Promise In Blood Cancer Drug (full
story).
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>+52.59
align=middle width=”48%” height=14>11,011.90
width=”26%” height=16>NASDAQ
align=middle width=”41%” height=16>+13.07
align=middle width=”48%” height=16>2,318.69
width=”26%” height=16>S&P 500
align=middle width=”41%” height=16>+4.70
align=middle width=”48%” height=16>1,290.15
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>2,213,285,000
align=middle width=”48%” height=14>1,947,246,000
width=”26%” height=16>Advances
align=middle width=”41%” height=16>2198
align=middle width=”48%” height=16>1868
width=”26%” height=16>Declines
align=middle width=”41%” height=16>1103
align=middle width=”48%” height=16>1191
width=”26%” height=16>Up Volume
align=middle width=”41%” height=16>1241
align=middle width=”48%” height=16>1213
width=”26%” height=16>Down Volume
align=middle width=”41%” height=16>741
align=middle width=”48%” height=16>625
width=”26%” height=16>New Hi’s
align=middle width=”41%” height=16>348
align=middle width=”48%” height=16>262
width=”26%” height=16>New Lo’s
align=middle width=”41%” height=16>24
align=middle width=”48%” height=16>24
Strongest
Sectors
Weakest
Sectors
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Fed’s Guynn – ‘Not Terribly Concerned’ About
Inverted Yield Curve.
Fed’s Hoenig – Sees 3.25-3.5% Growth In 2006.
Helvetica>
John Patrick LeeHelvetica>
johnl@tradingmarkets.com
face=Arial color=#000000 size=2>