TradingMarkets Mid-Day Movers
TradingMarkets just released a proprietary stock rating
method called
PowerRatings.
This method ranks stocks 1-10 and the higher the rating, the greater the
one-week historical gain has been.
PowerRatings
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
PowerRatings
click here.
The major averages are
trading modestly higher in light trading.
In today’s economic news, Personal Income and Spending rose in
November
(report).
Jobless Claims fell more than expected
(report)
and Leading Indicators showed improvement in November.
Treasuries are trading higher after the reports.
Meanwhile the US Dollar is trading lower versus the Euro and Yen.
Energy prices are lower, with the exception on
Unleaded Gas. Natural Gas is trading sharply lower despite today’s inventory
data showing a large drop.
Thermo Electron
(PowerRating)
(
TMO |
Quote |
Chart |
News |
PowerRating) sees 16% growth in FY06 adj. EPS; reaffirms FY05 adj. EPS outlook (full
story).
American Greeting
(PowerRating)
(
AM |
Quote |
Chart |
News |
PowerRating) Q3 profit plummets on charges; sees higher Q4 and FY06 EPS (full
story).
Global Payments
(PowerRating)
(
GPN |
Quote |
Chart |
News |
PowerRating) Q2 adj. EPS up 27%, beats estimates on higher direct merchant
revenues; raises FY06 EPS estimates to $1.41 – $1.47 (full
story).
General Mills
(PowerRating)
(
GIS |
Quote |
Chart |
News |
PowerRating) Q2 EPS rises on 3% higher net sales; sees FY06 EPS below consensus (full
story).
ConAgra Foods
(PowerRating)
(
CAG |
Quote |
Chart |
News |
PowerRating) Q2 profit falls on 5% top line decline, adj. EPS matches estimates (full
story).
For more stories as they happen, go to our
Breaking
News section.
| Dow |
+24.25 | 10,857.98 |
| NASDAQ |
+6.74 | 2238.40 |
| S&P 500 |
+2.70 | 1265.49 |
| NYSE | NASDAQ | |
| Volume |
770,673,000 | 660,060,000 |
| Advances |
1813 | 1595 |
| Declines |
1273 | 1257 |
| Up Volume |
403 | 393 |
| Down Volume |
270 | 206 |
| New Hi’s |
79 | 86 |
| New Lo’s |
64 | 36 |
|
|
Weakest Sectors |
| Gold Bugs ( HUI | Quote | Chart | News | PowerRating) |
Retail ( RLX | Quote | Chart | News | PowerRating) |
| Healthcare ( HMO | Quote | Chart | News | PowerRating) |
Networking ( NWX | Quote | Chart | News | PowerRating) |
| Gold and Silver ( XAU | Quote | Chart | News | PowerRating) |
Telecoms ( XTC | Quote | Chart | News | PowerRating) |
Weekly Initial Jobless Claims Down 13,000 To
318,000 (report).
Personal Income Up 0.3% For Nov., Personal Spending Up 0.3% (report).
Leading Economic Indicators Up 0.5% In Nov. (report).
EIA: Natural Gas Inventories Down 162 Bln. Cubic Feet
Ashton Dorkins