TradingMarkets Mid-Day Movers

The major indices have all fallen into negative territory after moving higher
at the open.  Leading the Dow to the downside are Disney
(
DIS |
Quote |
Chart |
News |
PowerRating) and
Exxon Mobil
(
XOM |
Quote |
Chart |
News |
PowerRating), both currently trading lower by nearly 1.5%.  Apple
Computer
(
AAPL |
Quote |
Chart |
News |
PowerRating) is one of the few bright spots in the markets today rising
2.6% in early trading ahead of expectations that they will be announcing a new
mobile-phone product in the near future.

After ending the previous session in
negative territory, the price of oil has extended its recent downward move in
morning trading on Tuesday. Crude for February delivery is currently down $1.69
at $54.40 a barrel.

Earlier in the session, the price of oil
fell to a low of $53.88 a barrel, its lowest intraday level in well over a year.
The price decrease reflects continued concerns about weak heating oil demand in
light of warmer than normal temperatures across much of the U.S.

After seeing some strength in the previous
session, the price of gold has shown a lack of direction in morning trading on
Tuesday. Gold for February delivery is currently up $0.20 at $609.40 an ounce
after ending Monday’s trading up $2.50 an ounce.

From a quick glance at our new
PowerRatings
Heat Maps*,
we are seeing anticipated strength in the Energy and Metals and Mining Sectors
along with weakness in the Computer Services and Health Services sectors.

Stocks on the Move

Sprint Nextel
(
S |
Quote |
Chart |
News |
PowerRating) Sees 2006 Operating Revenues Of About $41.0Bln; To
Reduce Headcount By About 5,000, Expects To Incur $700Mln In Costs (full
story).  S shares drop over 10%.

D.R. Horton
(
DHI |
Quote |
Chart |
News |
PowerRating) Q1 Net Sales Orders Drop, Cancellation Rate Also
Declines (full
story).  DHI shares rise by 0.3%.

Celgene
(
CELG |
Quote |
Chart |
News |
PowerRating) Anticipates FY06 Adj. EPS To Triple; Guides FY07
EPS Below Consensus (full
story).  CELG shares fall by 5.5%

Sirius
(
SIRI |
Quote |
Chart |
News |
PowerRating) Rewards Howard Stern With Stock Worth $82.9 Mln As
2006 Subscriber Count Exceeds Target (full
story).  SIRI shares rise by 2%.

Supervalu
(
SVU |
Quote |
Chart |
News |
PowerRating) Q3 Profit Surges 51% On Strong Sales Growth; Backs
Q4 EPS View; Narrows FY07 Earnings Outlook Range; Reveals $1.2 Bln Capital
Program For FY08 (full
story).  SVU shares fall by 2.3%.

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

Market Snapshot

Strongest/Weakest Sectors

Economic News

No economic data released today.

Darren Wong
darrenw@tradingmarkets.com

P.S.

Click here to use PowerRatings to identify stocks that could potentially
move higher in the next few days.