Stocks Rise As GDP Numbers Show Continued Growth

Markets finish fractionally higher as 10-year yield
hits 5-month lows.  Crude oil futures close at $70.03.

Tuesday’s
action on the S&P and Nasdaq indices included Advancers beating Decliners for 3
straight sessions.  Historically, this has been a signal that the market
will be quiet or drop.  It will be interesting to see if we get more
bearish signals today/this week since the S&P is near the top of the recent
trading range (click
here for more info
).

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

Costco August Comps. Rises 7%, Net Sales Up
11%; Lowers Q4, FY06 EPS Outlook Below Consensus (full
story
).  COST shares sink by over 4%.

Altria Boosts Regular Quarterly Dividend By
7.5% (full
story
).  MO shares are close up over 1%.

Talx, AT&T Announce Three-year
Networking Contract (full
story
).  TALX shares are up 4.5%.  T shares up fractionally.

Dycom Industries Inc. Exceeded The Q4 Consensus
(full
story
). DY shares jump over 9%.

Micros Systems Inc. Posted Better Than Expected
Q4 Results (full
story
).  MCRS shares surge over 20.5%.

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=16>

Dow

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

+12.41

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

11,382.35

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>

+13.48

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

2,185.78

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>
-0.05
style=”FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif”
align=middle width=”34%” height=17>

1,304.23

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>

1,944,868,000

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

1,593,433,000

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>

2116

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

1894

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>

1150

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

1120

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

Up Volume

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

1070

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

1108

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>

665

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

339

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>

210

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

111

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>

23

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

30



Strongest/Weakest Sectors

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












Strongest
Sectors


Weakest
Sectors

Disk Drive Index (DDX) OSX Index (OSX)
GSTI Semiconductor
Index (GSM)
Oil Index (XOI)
SOX Index (SOX) CBOE Oil Index (OIX)

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

Economy Grew Faster Than Previously Estimated In Q2
(full
story
).

EIA – Crude Up 2.4
Mln. Barrels; Gasoline Up 400K Barrels; Distillates Up 1.3 Mln. Barrels

ADP Nonfarm
Private Employment Up 107K

Fed’s Fisher:
Inflation Indicators Not Well Behaved

Fed’s Fisher:
Housing Slowdown May Lead To More Balanced Economy

Mortgage
Applications Down 22.4% Compared To This Time Last Year

Helvetica>
Darren 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.


Adv.
Issues > Dec. Issues 3 Days In A Row-
Too many stocks rising in one
day or over multiple days usually precede a market that will be quiet or drop.
Too many stocks declining in one day or over multiple days usually precede a
market rally, especially when the market is above its 200 day ma.

Â