TradingMarkets Mid-Day Movers

  • March 19, 2007
  • Darren Wong

Stocks ramp up on numerous mergers and
acquisitions.  The S&P 500 is leading the major averages
currently up 1.12%.

Despite analyst concerns over
world economic growth crude futures are rallying currently up 5%
to $60.00 per barrel. 
Gold futures are also trading up through the morning.  Gold
futures are trading higher by 0.2% to $655.20 an ounce.

Asian stocks started the
week with positive gains across the board.  Shanghai’s
Composite surged 2.87%, while Hong Kong’s Hang Seng index and
Tokyo’s Nikkei added 1.5% each.



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Gaps Down 5% or More,

2-Period RSI Below 2,

Stocks Up 10% or More.  Historically proven edges make
these a great place to start making a watch list. 



Stocks in
Motion

IntercontinentalExchange
(
ICE |
Quote |
Chart |
News |
PowerRating) Delivers
Merger Agreement To CBOT
(
BOT |
Quote |
Chart |
News |
PowerRating) Board (full
story).  ICE and BOT shares rise over 2%.

Quanta Services
(
PWR |
Quote |
Chart |
News |
PowerRating) To Buy
InfraSource
(
IFS |
Quote |
Chart |
News |
PowerRating) In $1.26 Bln All-stock Deal (full
story).  PWR shares fall by 1.6%, while IFS shares soar by 14%.

ServiceMaster
(
SVM |
Quote |
Chart |
News |
PowerRating) To Be Acquired By
Investment Group For About $5.5 Bln (full
story).  SVM shares rally up 12%.

Hercules Offshore
(
HERO |
Quote |
Chart |
News |
PowerRating) To Purchase
Todco
(
THE |
Quote |
Chart |
News |
PowerRating) In $2.3 Bln Stock And Cash Deal (full
story).  HERO shares lose nearly 10%, while THE shares jump 17%.

Hewlett-Packard
(
HPQ |
Quote |
Chart |
News |
PowerRating) To Buy Back
Additional $8 Bln. Shares (full
story).  HPQ shares rise by 0.8%.

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

Market Snapshot

Dow

 +117.45 12,227.86

NASDAQ

 +25.99 2,398.65

S&P 500

 +15.59 1,402.54

 

 NYSE NASDAQ

Volume

 1,184,344,000 712,540,000

Advances

 2479 2097

Declines

 604 792

Up Volume

 129 140

Down Volume

 121 181

New Highs

 85 79

New Lows

 19 48



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors
Amex Securities Broker/Dealer Index (XBD) Amex Pharmaceutical Index (DRG)
Amex Airline Index (XAL) Amex Disk Drive Index (DDX)
Deutsche Bank Energy Index (DXE) Nasdaq Insurance Index (INSR)


Economic
News

No economic reports released
today.

Darren Wong

Associate Editor

darrenw@tradingmarkets.com