TradingMarkets Mid-Day Movers
Earlier this week TradingMarkets.com published new
research on what the month of December is likely to have in store for the
stock market. Our research, titled “Will
December Be Up Or Down?” showed some interesting results when comparing
all Decembers with those that have followed a market that is up after the first
11-months (as it is this year).
The major averages are trading flat after the much anticipated
November Employment report came out virtually in-line with expectations (report).
Treasuries are also trading flat, while the US Dollar Index is
slightly higher. Energy prices are trading higher.
Comments from Alan Greenspan (report),
President Bush and John Snow are hitting the wires and can be found in our
Economic
News section.
Stocks On The Move
Starbucks
(
SBUX |
Quote |
Chart |
News |
PowerRating) reported November comps rose 7%–much higher
than the 4.4% anticipated.
Novell
(
NOVL |
Quote |
Chart |
News |
PowerRating) beat by 0.04, ex-items.
Ford
(
F |
Quote |
Chart |
News |
PowerRating) will close plants in St. Louis, Atlanta and St. Paul; 7500
workers are employed at these locations.
GenProbe
(
GPRO |
Quote |
Chart |
News |
PowerRating) and Chiron
(
CHIR |
Quote |
Chart |
News |
PowerRating) got FDA approval for
Procleix West Nile blood screening assay.
Sohu.com
(
SOHU |
Quote |
Chart |
News |
PowerRating) was the subject of a positive article in Business
Week.
OmniVision
(
OVTI |
Quote |
Chart |
News |
PowerRating) beat by 0.10 and guided higher.
Â
| Dow |
-16.01 | 10,896.56 |
| NASDAQ |
+2.04 | 2269.21 |
| S&P 500 |
+0.46 | 1265.13 |
| NYSE | NASDAQ | |
| Volume |
847,627,000 | 786,281,000 |
| Advances |
1428 | 1327 |
| Declines |
1643 | 1485 |
| Up Volume |
369 | 459 |
| Down Volume |
375 | 265 |
| New Hi’s |
153 | 139 |
| New Lo’s |
29 | 23 |
|
|
Weakest Sectors |
| Airline ( XAL | Quote | Chart | News | PowerRating) |
Biotechnology ( BTK | Quote | Chart | News | PowerRating) |
| Broker Dealer ( XBD | Quote | Chart | News | PowerRating) |
Gold Bugs ( HUI | Quote | Chart | News | PowerRating) |
| Semiconductor ( SOX | Quote | Chart | News | PowerRating) |
Gold and Silver ( XAU | Quote | Chart | News | PowerRating) |
Economic Recap
Non-Farm Payrolls Up 215,000
Unemployment Rate At 5%
Ashton Dorkins
Be sure to vote for
TradingMarkets in the 13th Annual
Stocks & Commodities
2006 Readers’ Choice Awards