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 showing
fractional change with light volume. Christmas time!
In the Treasuries, the short end of the yield
curve has inverted with two year yields above five year yields. Also, the
long end is close to inversion.  Â
Energy prices also falling today, as
expectations for warm weather drive demand for crude oil and natural gas down.
Albertson’s
(PowerRating)
(
ABS |
Quote |
Chart |
News |
PowerRating) Spurns Buyout Bid; Plans Instead To Sell Under Performing Assets
Piecemeal (full
story).
Best Buy Co.
(PowerRating)
(
BBY |
Quote |
Chart |
News |
PowerRating) Buys Pacific Sales Kitchen And
Bath Centers In $410 Mln Deal (full
story).
Wal-Mart
(PowerRating)
(
WMT |
Quote |
Chart |
News |
PowerRating) To Appeal Jury Verdict In Meals
Break Case; Brings To Its Support Another Ruling (full
story).
Tommy Hilfiger  (PowerRating)
(
TOM |
Quote |
Chart |
News |
PowerRating) Agrees To Be Purchased By Apax For
$1.6 Billion (full
story).
For more stories as they happen, go to our
Breaking
News section.
| Dow |
-4.73 | 10,8884.71 |
| NASDAQ |
+1.43 | 2247.92 |
| S&P 500 |
-0.79 | 1267.33 |
| NYSE | NASDAQ | |
| Volume |
541,803,000 | 412,140,000 |
| Advances |
1778 | 1335 |
| Declines |
1253 | 1420 |
| Up Volume |
222 | 200 |
| Down Volume |
245 | 167 |
| New Hi’s |
88 | 90 |
| New Lo’s |
39 | 19 |
|
|
Weakest Sectors |
| Airline Index ( XAL | Quote | Chart | News | PowerRating) |
Oil Service Sector ( OSX | Quote | Chart | News | PowerRating) |
| Networking Index ( NWX | Quote | Chart | News | PowerRating) |
Natural Gas ( XNG | Quote | Chart | News | PowerRating) |
| Dow Jones Internet Commerce ( ECM | Quote | Chart | News | PowerRating) |
Deutsche Band Energy ( DXE | Quote | Chart | News | PowerRating) |
Durable Goods Orders Up 4.4% For Nov., Ex.-Trans
Down 0.6% (full
story).
New Home Sales Down 11.3% In Nov. To Rate Of
1.245 Mln. Units (full
story).
U. Of Mich. Consumer Sentiment Index At 91.5 For
Dec.
John Patrick Lee