THE OPEN
Markets open the day slightly higher with the DJIA +43, NAZ +22 and SPX +5. The biggest news of the day, the ORCL hostile bid towards BEAS and consumer confidence coming in at 82 v 84 consensus.
Strongest sectors include china, semis, metals, oils, biotechs, internets and utils while homies, airlines, retail, oil service and drugs lag.
Key stocks generally higher led by POT KLAC GRMN ISRG AAPL RIMM MA CELG AMZN and MSFT while GE TIF COST MGM LVS UA BIDU MS and WYNN lag.
NYSE internals +840;
NAZ internals +555;
NDX internals 80 WINNERS;
OEX internals 75 WINNERS;
Biggest WINNERS- EK GM NSM F DELL NSC MSFT BEAS AMAT NIHD LRCX GRMN ERTS EBAY AAPL TNE SLT TBSI SNP CF VSEA;
Biggest LOSERS- WHQ NILE CMG VIVO OII TRMB MTL ATI GE COF EMC ABT LEH TYC C TGT COST SPLS PETM FAST LAMR INFY;
Pretty hard to tell how the day will end up as internals look pretty good while financials are fairly mixed. Tech looks like it wants to regain the lead role but its Friday. My guess we bounce around in a fairly tight range.
Strongest sectors include china, semis, metals, oils, biotechs, internets and utils while homies, airlines, retail, oil service and drugs lag.
Key stocks generally higher led by POT KLAC GRMN ISRG AAPL RIMM MA CELG AMZN and MSFT while GE TIF COST MGM LVS UA BIDU MS and WYNN lag.
NYSE internals +840;
NAZ internals +555;
NDX internals 80 WINNERS;
OEX internals 75 WINNERS;
Biggest WINNERS- EK GM NSM F DELL NSC MSFT BEAS AMAT NIHD LRCX GRMN ERTS EBAY AAPL TNE SLT TBSI SNP CF VSEA;
Biggest LOSERS- WHQ NILE CMG VIVO OII TRMB MTL ATI GE COF EMC ABT LEH TYC C TGT COST SPLS PETM FAST LAMR INFY;
Pretty hard to tell how the day will end up as internals look pretty good while financials are fairly mixed. Tech looks like it wants to regain the lead role but its Friday. My guess we bounce around in a fairly tight range.
posted by DAVID at
10:04 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home