Dow 10895.61 +22.97 (+0.21%)
Nasdaq 2116.44 +31.94 (+1.53%)
S&P 500 1253.07 +4.99 (+0.40%)
10-Yr Bond 5.417% -0.086
NYSE Volume 464,880,000
Nasdaq Volume 756,283,000
Essentially a flat open on COMPX. COMPX climbed from there to near resistance level of 2128. In ability to break 2124 resistance level shows the weakness of the psychology of traders. Economic numbers showed economy is weaker than expected. This should be no surprise as most companies were guiding for an additional down Q in earnings and revenue this Q. The key to earnings will be whether they can beat the severe cut earnings estimates. Given the impact seems to have been the greatest last Q. I would expect the majority to beat this Q.
Resistance levels: COMPX 2128, SOX 600
*********************
Market Outlook
Mauled by the Bears
By:Adam Martin
Stocks have been volatile, but remain in the green at this hour in spite of some downbeat analyst comments and earnings reports. The sense among some analysts is that yesterday's market was oversold, and this morning's slight bounce is a correction. Overall, a bull will tell you good things are coming, and for the rest of the year we're not likely to see levels as low as we did in March. Economic data and comments from a member of the Federal Reserve point to more weakness, but also indicate expectations of a recovery later this year. Weekly jobless claims released this morning came in a bit higher than expected, and could offer some clues as to tomorrow's highly anticipated May employment report, which could offer a hint as to how the Fed will manage future rate cuts.
RETAIL 8 -0.4% Edit Delete Compare
SOFTWARE1 13 +1.3% Edit Delete Compare
DSL 6 +1.6% Edit Delete Compare
DWDM 21 +1.1% Edit Delete Compare
Financials1 7 +0.4% Edit Delete Compare
Carriers1 6 +1.2% Edit Delete Compare
Telecom Construction1 5 +1.2% Edit Delete Compare
networkers1 6 +2.0% Edit Delete Compare
Contract Manufacturers 5 +2.4% Edit Delete Compare
Telecom Equipment 18 +2.2% Edit Delete Compare
Tier 2, D-WDM 17 +0.8% Edit Delete Compare
Broadband Cable 1 8 +1.9% Edit Delete Compare
DOW 10 +0.0% Edit Delete Compare
XML 15 -0.8% Edit Delete Compare
Internet Security 20 +1.3% Edit Delete Compare
Supercoductors 5 +5.0% Edit Delete Compare
Bull Sector-optical 84 +1.0% Edit Delete Compare
Satellite Stocks1 3 -4.3% Edit Delete Compare
Strong Stocks March 16 Correction 22 +1.4% Edit Delete Compare
Biotechs 9 +3.6% Edit Delete Compare
CHIP EQUIPMENT 13 +1.6% Edit Delete Compare
CHIPS1 22 +1.8% Edit Delete Compare
Clint's Financials 40 +0.0% Edit Delete Compare
MEMS 2 +6.3% Edit Delete Compare
April 11 strong stocks1 16 +2.2% Edit Delete Compare
Day Traders 12 +1.7% Edit Delete Compare
Genomics 9 +3.3% Edit Delete Compare
Incubators 8 +1.7% Edit Delete Compare
Internet Sector 14 +3.7% Edit Delete Compare
Flat Panel Displays 4 +3.6% Edit Delete Compare
E-Gaming stocks 7 +0.9% Edit Delete Compare
Stocks pulling back on below avg vol 42 +1.1% Edit Delete Compare
Bottoming List 10 +3.2% Edit Delete Compare
Clint's Strong Stocks Sept Selloff 23 +3.2% Edit Delete Compare
Drug Stocks 15 -0.1% Edit Delete Compare
RTS Biotechs 13 +2.8% Edit Delete Compare
Gigabit 35 +1.7% Edit Delete Compare
Dec 1 Rev. Leaders 37 +2.3% Edit Delete Compare
Mata Market World 83 +1.5% Edit Delete Compare
Telecom Software 4 +3.9% Edit Delete Compare
Oil Drilers - Deep Water 6 -0.4% Edit Delete Compare
Symbol Price Change Volume Bid/Ask Day Range
ADCT 7.50 0.21 (+2.88%) 5,037,100 7.49 - 7.50 7.31 - 7.60
ADTN 26.02 1.22 (+4.92%) 66,400 25.92 - 26.02 25.00 - 26.50
AFCI 18.55 0.29 (+1.59%) 472,200 18.54 - 18.55 17.51 - 19.09
ALA 25.25 0.26 (+1.04%) 1,182,500 24.73 - 25.45
AMAT 49.30 0.35 (+0.72%) 7,889,800 49.23 - 49.30 48.35 - 50.18
AMCC 19.00 0.35 (+1.88%) 5,596,500 18.98 - 19.00 18.75 - 20.00
ANAD 19.70 0.68 (+3.58%) 233,000 19.70 - 19.74 18.85 - 20.35
ANDW 17.00 0.56 (+3.41%) 174,700 16.95 - 17.00 16.35 - 17.06
ANN 34.43 -0.16 (-0.46%) 266,200 33.70 - 34.60
AOL 51.73 0.63 (+1.23%) 4,610,900 51.00 - 52.01
APAT 9.49 0.26 (+2.82%) 2,500 9.49 - 9.59 9.25 - 9.49
ASYS 10.40 0.41 (+4.10%) 41,300 10.38 - 10.48 9.78 - 10.46
AVCI 10.04 -0.07 (-0.69%) 675,900 10.05 - 10.11 10.00 - 10.82
AVNX 13.00 0.13 (+1.01%) 1,184,900 12.98 - 13.00 12.74 - 13.20
AXP 42.40 0.13 (+0.31%) 1,264,400 42.01 - 42.83
BKB 43.38 0.00 (+0.00%) 100 41.44 - 44.12
BKHM 6.05 0.17 (+2.89%) 133,800 6.05 - 6.08 6.03 - 6.14
BRCD 39.64 2.67 (+7.22%) 9,265,100 39.62 - 39.65 38.54 - 40.45
BRCM L 34.69 1.60 (+4.84%) 3,777,500 34.68 - 34.69 15.19 - 35.30
CIEN 53.60 1.41 (+2.70%) 7,791,900 53.60 - 53.61 52.75 - 55.04
CMGI 4.41 0.14 (+3.28%) 2,224,800 4.41 - 4.42 4.16 - 4.48
CMTN 3.94 0.18 (+4.79%) 379,700 3.94 - 3.95 3.68 - 4.17
CNXT 8.75 0.44 (+5.29%) 1,000,200 8.76 - 8.77 8.34 - 9.00
COVD 1.39 0.00 (+0.00%) 1.40 - 1.42
CPWR 10.76 0.81 (+8.14%) 1,834,800 10.76 - 10.77 10.02 - 10.80
CS 19.06 0.81 (+4.44%) 1,149,600 18.45 - 19.06
CSCO 19.38 0.38 (+2.00%) 28,970,000 19.37 - 19.38 19.05 - 19.93
CYMI 28.77 0.35 (+1.23%) 51,200 28.65 - 28.77 28.06 - 29.04
DIS 31.47 -0.31 (-0.98%) 1,510,100 31.34 - 32.05
DITC 8.04 -0.31 (-3.71%) 566,600 8.04 - 8.05 7.82 - 8.75
EXDS 8.04 0.29 (+3.74%) 2,529,000 8.03 - 8.04 7.58 - 8.18
EXTR 30.20 1.92 (+6.79%) 2,601,800 30.16 - 30.20 29.25 - 31.75
FDRY 17.94 0.99 (+5.84%) 1,436,200 17.94 - 17.97 17.05 - 18.54
FDX 40.12 0.32 (+0.80%) 578,900 39.48 - 40.18
FFIV 10.85 0.46 (+4.43%) 111,700 10.87 - 11.00 10.53 - 11.13
GE 48.95 -0.07 (-0.14%) 4,790,400 48.90 - 49.37
GLM 24.84 0.17 (+0.69%) 902,600 24.47 - 25.12
GLW 19.14 0.18 (+0.95%) 4,009,000 19.01 - 19.43
GPS 30.90 -0.15 (-0.48%) 965,800 30.58 - 31.10
HEII 8.51 0.11 (+1.31%) 21,100 8.51 - 8.70 8.40 - 8.70
HIFN 17.90 -0.10 (-0.56%) 65,500 17.90 - 17.97 17.80 - 18.12
IBI 15.07 0.02 (+0.13%) 240,500 15.05 - 15.25
INKT 10.00 0.67 (+7.18%) 2,433,800 10.00 - 10.03 9.41 - 10.29
INTC 27.08 0.48 (+1.80%) 16,652,700 27.09 - 27.10 26.84 - 27.50
IOM 2.74 0.04 (+1.48%) 316,900 2.70 - 2.81
ITWO 19.58 -0.56 (-2.78%) 8,924,300 19.57 - 19.61 19.40 - 20.87
JBL 29.56 1.35 (+4.79%) 873,200 28.77 - 30.49
JDSU 17.13 0.19 (+1.12%) 14,209,000 17.12 - 17.13 16.60 - 17.56
JNJ 96.93 -0.17 (-0.18%) 1,754,100 96.40 - 97.91
JNPR 42.90 2.69 (+6.69%) 15,649,700 42.89 - 42.90 41.35 - 43.81
KOPN 9.63 -0.31 (-3.12%) 769,200 9.62 - 9.65 9.44 - 10.16
LU 8.02 -0.12 (-1.47%) 8,654,800 7.95 - 8.20
MCDT 31.35 1.70 (+5.73%) 615,400 31.35 - 31.40 30.20 - 31.65
MER 64.60 0.33 (+0.51%) 1,317,900 63.60 - 64.89
MERQ 61.60 2.17 (+3.65%) 1,287,300 61.59 - 61.70 60.27 - 63.32
MONI 10.30 -0.10 (-0.96%) 113,300 10.20 - 10.30 10.00 - 10.30
MOT 14.30 0.20 (+1.42%) 2,311,100 14.16 - 14.50
MRVC 9.67 0.23 (+2.44%) 888,600 9.70 - 9.75 9.46 - 9.98
MRVL 24.77 -0.23 (-0.92%) 439,400 24.60 - 24.88 24.30 - 25.69
MSFT 68.98 -0.21 (-0.30%) 15,130,900 68.96 - 68.97 68.40 - 69.84
MTZ 16.43 0.28 (+1.73%) 49,200 16.25 - 16.95
MWD 64.55 0.35 (+0.55%) 1,803,000 63.70 - 65.44
NE 42.15 -0.29 (-0.68%) 725,300 41.50 - 43.00
NEWP 31.84 1.04 (+3.38%) 1,276,600 31.80 - 31.85 31.00 - 33.09
NT 13.61 0.26 (+1.95%) 3,654,800 13.34 - 14.48
NUFO 9.75 -0.47 (-4.60%) 2,163,200 9.73 - 9.75 9.33 - 10.17
NVLS 46.87 0.37 (+0.80%) 5,462,800 46.87 - 46.92 44.75 - 47.34
ONIS 30.88 -0.57 (-1.81%) 1,986,700 30.86 - 30.91 30.51 - 32.40
OPWV 37.80 1.95 (+5.44%) 3,640,200 37.73 - 37.80 36.32 - 38.35
PHTN 29.53 0.52 (+1.79%) 68,500 29.50 - 29.66 29.15 - 30.04
PMCS 32.35 1.03 (+3.29%) 2,584,600 32.34 - 32.35 31.21 - 33.15
PSFT 41.27 2.18 (+5.58%) 3,632,300 41.28 - 41.29 39.05 - 42.20
Q 36.85 0.56 (+1.54%) 1,392,400 36.08 - 37.00
QCOM 61.30 -0.52 (-0.84%) 5,067,200 61.30 - 61.30 61.10 - 63.30
RFMD 26.46 1.66 (+6.69%) 3,677,100 26.43 - 26.46 25.05 - 27.22
RIG 52.52 -0.29 (-0.55%) 690,200 52.01 - 53.38
RMBS 10.77 0.39 (+3.76%) 1,207,300 10.76 - 10.77 10.34 - 10.83
RNWK 11.57 0.27 (+2.39%) 1,162,400 11.47 - 11.57 11.30 - 11.72
SCH 18.69 0.04 (+0.21%) 1,899,100 18.28 - 19.05
SCMR 9.52 0.53 (+5.90%) 1,804,900 9.51 - 9.52 9.02 - 9.60
SDC 35.76 -0.31 (-0.86%) 136,100 35.70 - 36.60
SEBL 45.85 2.21 (+5.06%) 8,991,700 45.80 - 45.82 43.70 - 46.11
SHOO 15.88 0.23 (+1.47%) 52,500 15.87 - 15.89 15.60 - 16.13
SONS 25.18 -0.82 (-3.15%) 3,611,700 25.17 - 25.19 24.15 - 25.73
SUNW 16.39 0.14 (+0.86%) 22,505,000 16.38 - 16.39 16.09 - 16.48
SVGI 34.76 0.00 (+0.00%) 34.51 - 34.85
TDW 46.18 -0.49 (-1.05%) 233,500 45.65 - 47.00
TER 40.15 0.67 (+1.70%) 613,700 39.34 - 40.90
TLAB 34.15 0.22 (+0.65%) 3,008,100 34.18 - 34.19 33.10 - 34.48
TQNT 18.02 1.07 (+6.31%) 1,954,600 17.97 - 18.00 16.95 - 18.30
TXCC 13.00 0.04 (+0.31%) 1,135,400 12.98 - 13.00 12.76 - 13.40
UTEK 19.21 0.66 (+3.56%) 82,700 19.18 - 19.21 18.58 - 19.21
VERT 2.25 0.12 (+5.63%) 289,900 2.24 - 2.25 2.12 - 2.28
VTSS 25.18 0.52 (+2.11%) 2,702,800 25.18 - 25.19 24.95 - 25.95
WIND 22.94 0.74 (+3.33%) 188,000 22.94 - 23.00 22.71 - 23.20
YHOO 19.19 1.52 (+8.60%) 4,849,400 19.18 - 19.19 17.85 - 19.60 |
