TradingMarkets Mid-Day Movers

Apple
(
AAPL |
Quote |
Chart |
News |
PowerRating)
shares surged to new all-time
highs this morning as sales jumped 88%.  AAPL reported
shipping 10.5 million iPods last quarter along with 1.5 million
Mac computers.

June crude futures fell 0.4% to
$65.61 a barrel after Iran is reported to be making progress in
talks with the EU on its nuclear program. 

June gold futures fell 1.6% to $676.30 an ounce in early trading
.

Stocks in Asia continued to rise in
Thursday’s session.  The Nikkei led with gains of 1.1% to
close at 17,249.17.  Shanghai added 1% to 3,783.06 and Hong
Kong’s Hang Seng Index rose 0.6% to 20,667.29.

Thursday‘s

PowerRatings Heat Map
continues to be moderately bearish, with very little
green to be found.  The weakest looking sector today is the Energy sector,
which carries the most risk after the recent runup. 


Stocks in
Motion

Apple
(
AAPL |
Quote |
Chart |
News |
PowerRating)
Shares Hit New All-Time High; Sales
Surge 88% (full
story
).  AAPL shares jump 4.6%.

Pulte Homes
(
PHM |
Quote |
Chart |
News |
PowerRating)
Posts Q1 Loss (full
story
).  PHM shares rise 4%.

QUALCOMM
(
QCOM |
Quote |
Chart |
News |
PowerRating)
Q2 Profit Up 22%; Sees Q3 Pro
Forma EPS, Revenue Above Consensus; Lifts FY07 EPS, Revenue Outlook (full
story
).  QCOM shares add 1%.

Rambus
(
RMBS |
Quote |
Chart |
News |
PowerRating)
Q1 Revenues Grow 6%; Reveals Further
Delay In Q1 Results (full
story
).  RMBS shares fall 1.1%.

Beazer Homes
(
BZH |
Quote |
Chart |
News |
PowerRating)
Dips To Loss In Q2; Withdraws
FY07 Outlook (full
story
).  BZH shares rise 5%.

Akamai Technologies
(
AKAM |
Quote |
Chart |
News |
PowerRating)
Q1 Profit Rises As
Revenues Soar (full
story
).  AKAM shares lose 4%.

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

Market Snapshot

Dow

+17.96 13,107.85

NASDAQ

+5.57 2,553.46

S&P 500

-0.68 1,494.74

 

NYSE NASDAQ

Volume

1,389,337,000 1,055,490,000

Advances

1305 1311

Declines

1763 1592

Up Volume

575 534

Down Volume

669 445

New Highs

250 143

New Lows

20 42



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

Morgan Stanley Healthcare Providers Index (RXH) S&P Chemicals Index (CEX)
CBOE Internet Index (GIP) CBOE Oil Index (OIX)
Computer Hardware Index (HWI) Nasdaq Transportation Index (TRANX)


Economic
News

Help Wanted Index
30 vs 31 consensus

Initial Claims 321K vs 330K
consensus; prior week revised 341K to from 339K

Darren Wong

Associate Editor

darrenw@tradingmarkets.com