SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Challo Jeregy who wrote (12585)7/24/2001 3:02:05 PM
From: Challo Jeregy  Read Replies (1) of 52237
 
Market Update
from Briefing.com
2:35PM: The Dow is heading south quickly this afternoon. The Nasdaq is also at session
lows. The indices are setting up for some ugly closes. Because it's earnings season and an
ugly one, a turnaround into the close is unlikely as stocks are not rallying on bad news as
they did last quarter...Most every sector is slumping, especially tech, energy, retail....Rail
stocks are getting hit hard: Burlington Northern (BNI 27.24 -2.34), Union Pacific (UNP
53.15 -3.35), Norfolk Southern (NSC 19.55 -1.18) on weak earnings reports. Not often
group sells so sharply in one day...

Homebuilders continue to sell off this afternoon on an analyst downgrade....Stocks hitting
new 52-wk lows today include Avici Systems (AVCI 4.30 -0.72), Enron (ENE 42.95
-3.71), i2 Technologies (ITWO 10.21 -1.29), Sycamore (SCMR 6.15 -0.26), Time Warner
Telecom (TWTC 24.11 -2.32). NYSE Adv/Dec 993/2057, Nasdaq Adv/Dec 1127/2428
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext