TradingMarkets Mid-Day Movers
Major indices trade lower after slew of data. Crude oil futures
rise in morning trading by 1.7% to $59.55.
Monday’s
market action created a 10-day intraday high as on the the Nasdaq
(explanations below), which is a bearish signals. It will be interesting to see if we get more
bearish signals next week and if any trigger on the SPX, which is nearing its
52-week high level (click
here for more info).
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
Sales Growth Drives Wal-Mart’s
(
WMT |
Quote |
Chart |
News |
PowerRating) Q3
Profit Up 12%; EPS Beats Estimate; Cuts FY07 View (full
story). WMT shares rise by 2%.
Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating) Q3 Profit Drops 3%; EPS Up,
Misses Consensus; Revenues Rise 11%, Comps. Drop; Trims FY06 Growth View (full
story). HD shares trade lower by 0.7%.
Staples
(
SPLS |
Quote |
Chart |
News |
PowerRating) Q3 Profit Rises 29%,
Revenues Up 12%, Guides Q4, Sees FY06 EPS To Exceed Its Earlier Target (full
story). SPLS shares fall by 2.25%.
Express Scripts
(
ESRX |
Quote |
Chart |
News |
PowerRating) Sees 2007 EPS Of
$3.90 To $4.02, Analysts Expect $3.84 (full
story). ESRX shares rise by over 3%.
American
Eagle Outfitters, Inc.
(
AEOS |
Quote |
Chart |
News |
PowerRating) reported third quarter EPS of $0.66,
compared to $0.47 last year (full
story). AEOS shares rise by 1.2%.
China Medical Technologies Inc.
(
CMED |
Quote |
Chart |
News |
PowerRating)
Confirms Q3 Targets (full
story). CMED shares fall by nearly 4%.
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
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Dow
align=middle width=”33%” height=18>
-39.86
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12,092.02
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NASDAQ
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-6.69
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2,399.69
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S&P 500
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-3.98
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1,380.48
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align=middle width=”33%” height=17>
size=2>NYSE
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size=2>NASDAQ
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Volume
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1,287,006,000
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772,322,000
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Advances
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1579
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1154
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Declines
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1498
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1725
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Up Volume
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611
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294
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Down Volume
align=middle width=”33%” height=17>
561
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411
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New Hi’s
align=middle width=”33%” height=17>
186
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118
width=”33%” height=17>
New Lo’s
align=middle width=”33%” height=17>
17
align=middle width=”34%” height=17>
48
Strongest
Sectors
Weakest
Sectors
PHLX Oil Services
Sector Index (OSX)
Index (HWI)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
Producer prices fell 1.6% in October matching a 5 year low.
Retail sales fell 0.2%.
Business inventories rose 0.4% in September vs. 0.6% expected
increase.
DHelvetica>arren Wong
darrenw@tradingmarkets.com
face=Arial color=#000000 size=2>
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