Dow 11039.14 +33.77 (+0.31%) Nasdaq 2175.54 -75.49 (-3.35%) S&P 500 1267.93 -9.96 (-0.78%) 10-Yr Bond 5.507% +0.022 NYSE Volume 1,026,094,000 Nasdaq Volume 1,621,855,000
EPC=0.69
Buy signal triggered on the COMPX. Resistance levels 2180, 2200, 2228, 2240. At this point we need a move above 2240 before considering intermediate position trading longs again. Intra-day, a move above 2200 will draw trader back in.
The sell off is across all key sectors. This does not look good for the intermediate term for support for any upside moves.
************************ Close The bearish tone in the Nasdaq was clearly created by cautious comments from Goldman Sachs on EMC (EMC 33.99 -3.11) and Sun (SUNW 18.67 -1.80) as that firm lowered estimates for both in the pre-market. A couple of firms, Merrill Lynch and ABN Amro, came out in defense but they were not all that strongly worded. Even a bullish Consumer Confidence Report this morning could not stop the bleeding. The number came in at 115.5 vs consensus of 110.3 which was a modest uptick over the 5-yr low hit in April.
RETAIL 8 -0.6% Edit Delete Compare SOFTWARE1 13 -4.9% Edit Delete Compare DSL 6 -2.8% Edit Delete Compare DWDM 21 -6.1% Edit Delete Compare Financials1 7 -0.8% Edit Delete Compare Carriers1 6 -1.0% Edit Delete Compare Telecom Construction1 5 -1.1% Edit Delete Compare networkers1 6 -4.4% Edit Delete Compare Contract Manufacturers 5 -4.0% Edit Delete Compare Telecom Equipment 18 -5.0% Edit Delete Compare Tier 2, D-WDM 17 -5.0% Edit Delete Compare Broadband Cable 1 8 -4.5% Edit Delete Compare DOW 10 +0.7% Edit Delete Compare XML 15 -1.9% Edit Delete Compare Internet Security 20 -6.2% Edit Delete Compare Supercoductors 5 -1.3% Edit Delete Compare Bull Sector-optical 84 -2.6% Edit Delete Compare Satellite Stocks1 3 -1.2% Edit Delete Compare Strong Stocks March 16 Correction 22 -3.0% Edit Delete Compare Biotechs 9 -3.7% Edit Delete Compare CHIP EQUIPMENT 13 -4.8% Edit Delete Compare CHIPS1 22 -4.4% Edit Delete Compare Clint's Financials 40 -0.1% Edit Delete Compare MEMS 2 -5.1% Edit Delete Compare April 11 strong stocks1 16 -5.2% Edit Delete Compare Day Traders 12 -3.0% Edit Delete Compare Genomics 9 -2.6% Edit Delete Compare Incubators 8 -5.6% Edit Delete Compare Internet Sector 14 -7.0% Edit Delete Compare Flat Panel Displays 4 -4.7% Edit Delete Compare E-Gaming stocks 7 -1.0% Edit Delete Compare Stocks pulling back on below avg vol 42 -3.1% Edit Delete Compare Bottoming List 10 -8.1% Edit Delete Compare Clint's Strong Stocks Sept Selloff 23 -8.0% Edit Delete Compare Drug Stocks 15 +1.1% Edit Delete Compare RTS Biotechs 13 -2.2% Edit Delete Compare Gigabit 35 -5.2% Edit Delete Compare Dec 1 Rev. Leaders 37 -7.1% Edit Delete Compare Mata Market World 83 -3.7% Edit Delete Compare Telecom Software 4 -7.0% Edit Delete Compare Oil Drilers - Deep Water 6 -0.8% Edit Delete Compare
Symbol Price Change Volume Bid/Ask Day Range ADCT 7.95 -0.65 (-7.56%) 18,097,400 7.80 - 7.90 7.75 - 8.60 ADTN 26.29 -0.40 (-1.50%) 225,000 26.05 - 27.25 26.01 - 26.75 AFCI 20.48 -0.56 (-2.66%) 1,161,100 20.10 - 20.65 19.61 - 20.72 ALA 27.41 -0.70 (-2.49%) 4,550,000 26.10 - 27.60 AMAT 51.85 -1.86 (-3.46%) 12,027,700 51.44 - 51.70 51.42 - 53.53 AMCC 20.62 -2.13 (-9.36%) 14,477,900 20.25 - 20.28 20.20 - 22.46 ANAD 21.10 -0.61 (-2.81%) 538,900 20.25 - 21.34 20.95 - 21.69 ANDW 16.90 -0.41 (-2.37%) 425,800 16.36 - 17.22 16.50 - 17.38 ANN 35.72 -1.03 (-2.80%) 442,600 35.70 - 36.85 AOL 51.00 -2.53 (-4.73%) 14,569,300 50.90 - 52.69 APAT 10.00 -0.55 (-5.21%) 10,300 9.94 - 10.00 10.00 - 10.60 ASYS 10.83 -2.04 (-15.85%) 156,800 10.60 - 11.49 10.48 - 12.85 AVCI 11.42 -1.85 (-13.94%) 1,467,300 11.31 - 11.59 11.26 - 13.23 AVNX 15.02 -2.27 (-13.13%) 2,737,100 15.03 - 15.20 14.89 - 17.39 AXP 42.41 -0.92 (-2.12%) 6,031,700 42.36 - 43.58 BKB 43.38 0.00 (+0.00%) 100 41.44 - 44.12 BKHM 6.72 0.07 (+1.05%) 548,200 6.60 - 6.90 6.28 - 6.78 BRCD 41.16 -5.31 (-11.43%) 10,535,000 40.49 - 40.50 41.00 - 45.50 BRCM 36.89 -2.46 (-6.25%) 7,120,000 36.22 - 36.25 35.90 - 38.72 CIEN 57.01 -3.33 (-5.52%) 11,814,400 56.50 - 56.65 56.20 - 59.80 CMGI 4.81 -0.33 (-6.42%) 3,377,000 4.85 - 4.91 4.74 - 5.12 CMTN 4.21 -0.40 (-8.68%) 1,090,400 3.95 - 4.25 4.10 - 4.91 CNXT 9.01 -0.82 (-8.34%) 2,672,200 8.91 - 9.02 8.93 - 9.78 COVD 1.39 0.00 (+0.00%) 1.40 - 1.42 CPWR 10.30 -0.61 (-5.59%) 2,599,600 10.25 - 10.53 10.12 - 10.91 CS 19.56 -0.80 (-3.93%) 2,151,500 19.35 - 20.04 CSCO 20.46 -1.59 (-7.21%) 67,618,600 20.15 - 20.17 20.38 - 21.55 CYMI 29.90 -1.07 (-3.45%) 140,100 28.05 - 31.50 29.66 - 31.00 DIS 32.62 -0.02 (-0.06%) 4,401,400 32.00 - 32.85 DITC 9.12 -0.87 (-8.71%) 1,302,600 9.00 - 9.10 8.73 - 9.85 EXDS 8.26 -0.62 (-6.98%) 5,617,800 8.19 - 8.20 8.20 - 8.81 EXTR 31.50 -3.12 (-9.01%) 3,058,900 30.86 - 31.30 30.66 - 34.23 FDRY 18.65 -2.61 (-12.28%) 4,176,000 18.28 - 18.46 18.13 - 20.86 FDX 39.64 -0.08 (-0.20%) 539,800 39.50 - 40.10 FFIV 12.72 -0.59 (-4.43%) 327,900 12.25 - 12.85 12.65 - 13.31 GE 49.67 -0.28 (-0.56%) 13,017,600 49.65 - 50.55 GLM 25.77 -0.35 (-1.34%) 1,852,200 25.38 - 26.49 GLW 20.67 -0.88 (-4.08%) 5,952,300 20.62 - 21.75 GPS 32.40 0.25 (+0.78%) 2,717,400 31.76 - 32.50 HEII 8.23 0.09 (+1.11%) 25,700 8.13 - 8.33 8.06 - 8.24 HIFN 18.14 0.17 (+0.95%) 145,100 16.25 - 18.40 17.60 - 18.31 IBI 15.36 -0.20 (-1.29%) 255,600 15.27 - 15.50 INKT 10.25 -0.71 (-6.48%) 5,986,400 10.01 - 10.05 9.84 - 11.10 INTC 27.85 -1.25 (-4.30%) 37,800,000 27.63 - 27.65 27.78 - 29.02 IOM 2.78 -0.13 (-4.47%) 1,935,300 2.76 - 2.95 ITWO 22.25 -3.50 (-13.59%) 11,217,300 22.03 - 22.35 22.07 - 25.71 JBL 31.76 -2.73 (-7.92%) 1,575,000 31.51 - 33.96 JDSU 19.17 -2.09 (-9.83%) 28,980,900 19.06 - 19.10 18.93 - 21.20 JNJ 97.44 0.19 (+0.20%) 4,243,700 96.90 - 98.10 JNPR 46.39 -5.77 (-11.06%) 24,896,200 45.81 - 45.85 45.75 - 52.20 KOPN 10.94 -1.20 (-9.88%) 1,199,800 10.33 - 10.50 10.48 - 12.48 LU 8.32 -1.08 (-11.49%) 36,092,800 8.23 - 9.25 MCDT 34.01 -5.59 (-14.12%) 2,173,600 33.50 - 33.90 33.82 - 38.50 MER 65.60 -1.95 (-2.89%) 3,638,500 65.60 - 67.38 MERQ 63.37 -4.18 (-6.19%) 2,574,900 62.90 - 63.20 62.65 - 67.01 MONI 11.32 0.22 (+1.98%) 285,300 10.52 - 11.90 11.25 - 11.65 MOT 15.00 -0.71 (-4.52%) 8,340,400 14.95 - 15.98 MRVC 10.31 -2.04 (-16.52%) 2,610,600 9.95 - 10.00 10.27 - 12.30 MRVL 27.40 -3.13 (-10.25%) 1,715,200 24.02 - 34.99 26.90 - 30.26 MSFT 70.34 -0.57 (-0.80%) 35,606,200 69.83 - 69.84 70.05 - 71.75 MTZ 16.50 -0.20 (-1.20%) 80,500 16.47 - 16.66 MWD 68.08 -1.40 (-2.01%) 4,104,100 67.20 - 69.40 NE 44.59 -0.48 (-1.07%) 1,719,900 44.26 - 46.00 NEWP 35.11 -3.65 (-9.42%) 2,197,100 34.75 - 34.90 34.10 - 38.62 NT 14.62 0.02 (+0.14%) 11,031,400 14.45 - 14.94 NUFO 12.40 -1.14 (-8.42%) 1,677,900 12.07 - 12.08 12.14 - 13.30 NVLS 49.57 -2.80 (-5.35%) 5,993,900 48.65 - 49.57 48.94 - 52.16 ONIS 33.96 -2.88 (-7.82%) 4,373,900 33.25 - 33.45 33.14 - 36.71 OPWV 41.73 -3.65 (-8.04%) 5,372,600 41.05 - 41.35 40.56 - 45.20 PHTN 33.15 0.13 (+0.39%) 433,000 32.00 - 35.02 32.41 - 33.21 PMCS 35.10 -2.10 (-5.65%) 6,188,800 34.49 - 34.60 34.03 - 36.80 PSFT 41.70 -3.25 (-7.23%) 6,851,200 41.30 - 41.48 40.35 - 44.30 Q 37.29 -0.46 (-1.22%) 3,492,300 36.95 - 38.29 QCOM 66.18 -1.34 (-1.98%) 8,709,400 65.52 - 66.00 65.50 - 68.45 RFMD 27.75 -2.08 (-6.97%) 4,633,600 27.00 - 27.47 27.40 - 29.40 RIG 53.24 -1.16 (-2.13%) 2,788,200 52.75 - 55.19 RMBS 11.32 -0.80 (-6.60%) 1,888,500 11.20 - 11.22 11.25 - 12.10 RNWK 10.62 -2.47 (-18.87%) 5,687,500 11.30 - 11.28 10.30 - 12.51 SCH 19.76 -1.04 (-5.00%) 3,870,100 19.50 - 20.83 SCMR 10.23 -0.78 (-7.08%) 4,001,100 10.02 - 10.07 9.89 - 11.08 SDC 37.09 0.84 (+2.32%) 854,100 35.80 - 37.10 SEBL 48.00 -3.92 (-7.55%) 10,854,500 47.31 - 47.49 47.30 - 52.97 SHOO 15.55 0.10 (+0.65%) 83,000 13.72 - 17.23 15.13 - 15.55 SONS 28.34 -2.25 (-7.36%) 3,898,500 27.66 - 28.50 28.25 - 30.75 SUNW 18.67 -1.80 (-8.79%) 61,370,500 17.51 - 17.53 18.40 - 19.50 SVGI 34.76 0.00 (+0.00%) 34.51 - 34.85 TDW 47.45 -0.60 (-1.25%) 611,800 47.20 - 48.73 TER 42.20 -2.29 (-5.15%) 2,512,000 41.69 - 43.64 TLAB 37.38 -1.30 (-3.36%) 4,010,600 36.50 - 36.90 36.21 - 38.95 TQNT 19.01 -2.19 (-10.33%) 4,568,100 18.50 - 18.55 18.90 - 20.84 TXCC 14.67 -1.13 (-7.15%) 1,194,300 14.50 - 14.67 14.50 - 15.65 UTEK 19.36 -2.79 (-12.60%) 1,749,000 19.36 - 21.77 19.07 - 22.25 VERT 2.45 -0.22 (-8.24%) 893,600 2.45 - 2.50 2.45 - 2.71 VTSS 27.98 -2.31 (-7.63%) 3,469,900 27.20 - 27.50 27.85 - 30.29 WIND 23.95 -1.08 (-4.31%) 580,800 23.75 - 27.95 23.66 - 25.20 YHOO 18.79 -2.13 (-10.18%) 7,721,800 18.70 - 18.88 18.62 - 20.85 |