TradingMarkets Mid-Day Movers

  • April 13, 2007
  • Darren Wong

U.S. stocks are mixed after the trade balance
figures came in lower than expected and PPI was higher than
expected.  The Dow and S&P are holding in positive territory
and the Nasdaq is fractionally lower.

Crude futures for May delivery
are up 0.4% per barrel to $64.12. 
June gold futures add 0.8% in early trading to $684.90 an ounce.



Click here to see our new list of indicators that includes

Gaps Down 5% or More,

2-Period RSI Below 2,

Stocks Up 10% or More.  Historically proven edges make
these a great place to start making a watch list. 



Stocks in
Motion

McDonald’s
(
MCD |
Quote |
Chart |
News |
PowerRating) March Comps. Rise 8.2%, Sales Up
12.7%; Q1 Comps. Rise 6.3%; Gives Q1 EPS View (full
story).  MCD shares add 2.3%.

GE
(
GE |
Quote |
Chart |
News |
PowerRating)
Q1 Profit Edges Up 2%; EPS From Cont. Ops Matches Estimate; Revenue Rises 6%;
Reaffirms FY07 EPS Forecast (full
story).  GE shares rise by 0.7%.

Merck’s
(
MRK |
Quote |
Chart |
News |
PowerRating) Vioxx Successor Arcoxia Gets Knockout
Punch From FDA Advisory Committee (full
story).  MRK shares jump 8%.

Apple
(
AAPL |
Quote |
Chart |
News |
PowerRating) To Delay Release Of Mac OS X V10.5
Leopard, Says IPhone On Schedule (full
story).  AAPL shares fall 1.5%.

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

Market Snapshot

Dow

 +27.55 12,580.51

NASDAQ

 -0.94 2,479.38

S&P 500

 +1.80 1,449.60

 

 NYSE NASDAQ

Volume

 1,159,249,000 766,960,000

Advances

 1559 1432

Declines

 1482 1391

Up Volume

 604 345

Down Volume

 431 362

New Highs

 177 133

New Lows

 12 30



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors
S&P Healthcare Index (HCX) Nasdaq Computer Index (IXCOX)
Amex Gold Bugs Index (HUI) GSTI Semiconductor Index (GSM)
Morgan Stanley Healthcare injectable anastrozole online Products Index (RXP) Amex Airline Index (XAL)


Economic
News

Trade Balance -$58.4bln vs
-$60.5 bln consensus

Core PPI m/m unchanged vs +0.2%
consensus

PPI m/m +1.0% vs +0.7% consensus

Michigan Sentiment-prelim 85.3 vs 87.5 consensus

Darren Wong

Associate Editor

darrenw@tradingmarkets.com