TradingMarkets Mid-Day Movers

  • April 20, 2007
  • Darren Wong

The Dow continues to surge towards the 13,000 level
after positive earnings lead stocks higher.  Caterpillar
(
CAT |
Quote |
Chart |
News |
PowerRating)
and Honeywell
(
HON |
Quote |
Chart |
News |
PowerRating) are leading the blue-chip index higher
with gains of 4.8% and 3% respectively.

May Crude futures are up 1.5%
to $62.75 per barrel on news that tomorrow’s Nigerian elections
may disrupt shipments. 
June gold futures are also up 1.2% to $696.80
per ounce.

Around Asia, markets rallied as the
Shanghai Composite rebounded 4% to close at 3,584.20.  Hong
Kong’s Hang Seng added 1.3% to 20,566.59 and Tokyo’s Nikkei rose
0.5% to 17,452.62.



Click here to see our new list of indicators that includes

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

Charges Drag Pfizer
(
PFE |
Quote |
Chart |
News |
PowerRating) Q1 Profit Down 18%; Adj.
Profit Up 10%; Cuts FY07 EPS View (full
story).  PFE shares fall  by 0.5%.


McDonald’s
(
MCD |
Quote |
Chart |
News |
PowerRating) Q1 Profit Rises 22%, EPS Matches Street View; Revenue
Up 11%; Strikes $700 Mln Franchisee Deal (full
story).  MCD shares drop 1% in early trading.

Honeywell
(
HON |
Quote |
Chart |
News |
PowerRating) Q1 Profit Rises, Tops Consensus;
Gives Q2 View; Lifts FY07 Outlook (full
story).  HON shares rise by 3%.

American Express
(
AXP |
Quote |
Chart |
News |
PowerRating) Q1 Profit Rises On Higher
Revenues, Cost Control (full
story).  AXP shares add 2.8%.

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

Market Snapshot

Dow

 +95.90 12,904.53

NASDAQ

 +14.45 2,519.80

S&P 500

 +7.98 1,478.71

 

 NYSE NASDAQ

Volume

 1,569,309,000 974,737,000

Advances

 2316 1921

Declines

 744 910

Up Volume

 1032 666

Down Volume

 371 237

New Highs

 290 137

New Lows

 10 25



Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors
North American Telecom Index (XTC) GSTI Semiconductor Index (GSM)
Nasdaq Transportation Index (TRANX) GSTI Multimedia Networking Index (GIP)
Nasdaq Other Finance Index (OFINX) Amex Disk Drive Index (DDX)


Economic
News

No economic reports
released today.

Darren Wong

Associate Editor

darrenw@tradingmarkets.com