Dow 8942.35 +21.65 (+0.24%)
Nasdaq 1583.75 +4.20 (+0.27%)
S&P 500 1039.82 +1.05 (+0.10%)
10-Yr Bond 4.705% +0.094
NYSE Volume 800,253,000
Nasdaq Volume 861,287,000
Intra-day EPC=1.04, oversold reading
Slow side on flat open on COMPX to 1577 (new 52 week low).
SOX buy signal confirmed. COMPX signal now flat though.
Suggests one should exit positions in general tech market and hold semi/semi equip with tight stop losses.
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Market Outlook
After the Storm
By:Adam Martin
Stocks are close to opening levels this afternoon as traders struggle with conflicting sentiment. On the one hand, analysts feel strongly that stocks are oversold. on the other hand, the aftermath of last weeks tragedy and its lasting impact are just beginning to be understood. Yesterday made the largest single day point decline for the DJIA, and although the selloff didn't have a chaotic tone, the implications of a 685 point drop are hard to ignore. Analysts feel trader sentiment is leaning more heavily towards recession as fears of continued fallout from last Tuesday's tragedy have traders continuing to pull back. Some sectors, particularly those involved in insurance and travel, were expected to suffer, but almost all sectors have shown substantial losses. A half point rate cut by the FOMC yesterday, while showing the government as willing to do its part to aid recovery, seemed to have little effect on yesterday's trading. Optimistic analysts still see a recovery in the near term, but now even more then before the terrorist attacks, traders remain hungry for good news.
Symbol Price Change Volume Bid/Ask Day Range
ADCT L 3.17 0.16 (+5.32%) 3,944,600 3.15 - 3.17 3.05 - 3.26
ADTN 19.06 -0.39 (-2.01%) 234,300 19.06 - 19.10 19.00 - 19.40
AFCI 17.95 -0.38 (-2.07%) 947,600 17.95 - 17.97 17.90 - 18.85
ALA L 12.14 -0.09 (-0.74%) 353,300 11.97 - 12.57
AMAT 35.58 -1.07 (-2.92%) 11,208,900 35.57 - 35.58 35.00 - 37.08
AMCC L 10.05 -0.27 (-2.62%) 4,032,200 10.05 - 10.06 10.01 - 10.85
ANAD 14.73 -0.20 (-1.34%) 196,200 14.74 - 14.78 14.70 - 15.76
ANDW 16.27 -0.25 (-1.51%) 219,100 16.25 - 16.35 16.25 - 16.84
ANN 26.19 0.55 (+2.15%) 618,700 25.81 - 26.36
AOL L 31.26 1.26 (+4.20%) 13,695,100 30.00 - 31.95
APAT L 3.15 -0.10 (-3.08%) 10,100 3.15 - 3.32 3.06 - 3.60
ASYS 5.95 -0.15 (-2.46%) 31,000 5.95 - 6.04 5.95 - 6.40
AVCI 2.01 -0.02 (-0.99%) 505,900 2.00 - 2.04 1.85 - 2.11
AVNX L 3.73 0.03 (+0.81%) 375,100 3.68 - 3.73 3.65 - 3.95
AXP L 27.34 -2.91 (-9.62%) 10,650,100 27.10 - 29.65
BKB 43.38 0.00 (+0.00%) 100 41.44 - 44.12
BKHM L 1.46 -0.11 (-7.01%) 73,900 1.46 - 1.48 1.46 - 1.55
BRCD 20.01 -0.22 (-1.09%) 5,877,600 20.01 - 20.02 19.68 - 21.49
BRCM 24.97 -1.30 (-4.95%) 5,116,700 24.97 - 24.99 24.60 - 27.00
CIEN L 12.07 -0.91 (-7.01%) 5,338,700 12.07 - 12.08 12.00 - 13.23
CMGI L 1.31 0.18 (+15.93%) 1,415,500 1.30 - 1.31 1.12 - 1.38
CMTN L 1.01 0.03 (+3.06%) 176,900 1.01 - 1.04 0.91 - 1.09
CNXT 9.78 0.33 (+3.49%) 1,361,700 9.78 - 9.81 9.45 - 10.06
COVD 0.48 -0.00 (-1.03%) 122,200 0.47 - 0.48 0.46 - 0.49
CPWR 9.65 0.21 (+2.22%) 1,283,900 9.64 - 9.65 9.38 - 9.80
CS 20.75 0.00 (+0.00%)
CSCO 14.35 0.35 (+2.50%) 37,228,600 14.34 - 14.35 13.99 - 14.59
CYMI 20.34 -0.69 (-3.28%) 175,100 20.34 - 20.35 19.86 - 21.33
DIS L 18.61 -0.64 (-3.32%) 14,319,800 18.53 - 20.00
DITC L 4.84 -0.11 (-2.22%) 45,500 4.82 - 4.89 4.73 - 4.98
EMKR L 11.79 -0.60 (-4.84%) 56,500 11.75 - 11.79 11.60 - 12.65
EXDS 0.59 0.04 (+7.27%) 32,879,200 0.58 - 0.59 0.55 - 0.76
EXTR L 11.93 -0.57 (-4.56%) 2,364,300 11.91 - 11.93 11.75 - 12.84
FDRY 8.04 -0.28 (-3.37%) 970,500 8.01 - 8.04 8.00 - 8.75
FDX L 36.03 -2.27 (-5.93%) 1,367,400 34.60 - 38.00
FFIV 13.55 0.05 (+0.37%) 89,700 13.44 - 13.55 13.30 - 14.15
GE L 34.30 -0.85 (-2.42%) 23,980,000 34.20 - 36.20
GLM 14.62 -0.73 (-4.76%) 646,400 14.52 - 15.25
GLW 10.21 0.01 (+0.10%) 3,453,000 10.15 - 10.50
GPS L 12.57 0.06 (+0.48%) 4,626,800 12.35 - 12.70
HEII 8.00 0.10 (+1.27%) 1,000 7.70 - 7.95 8.00 - 8.00
HIFN L 9.16 0.16 (+1.78%) 2,400 8.61 - 9.16 8.65 - 9.26
IBI L 10.12 0.11 (+1.10%) 936,700 9.90 - 10.44
INKT 3.04 0.18 (+6.29%) 716,900 3.03 - 3.04 2.81 - 3.05
INTC 24.10 0.51 (+2.16%) 23,623,600 24.09 - 24.10 23.65 - 24.48
IOM L 1.17 0.02 (+1.74%) 273,000 1.15 - 1.19
ITWO L 4.52 0.16 (+3.67%) 5,567,400 4.50 - 4.52 4.37 - 4.70
JBL L 15.61 -0.90 (-5.45%) 907,400 15.50 - 16.80
JDSU L 5.71 -0.14 (-2.39%) 9,142,600 5.70 - 5.71 5.65 - 6.05
JNJ 54.42 -1.40 (-2.51%) 5,591,300 54.20 - 55.00
JNPR L 11.50 -0.02 (-0.17%) 4,464,400 11.50 - 11.51 11.34 - 11.85
KOPN 9.15 -0.24 (-2.56%) 175,000 9.15 - 9.21 9.05 - 9.57
LU 5.72 0.17 (+3.06%) 10,992,900 5.65 - 5.85
MCDT 11.60 0.31 (+2.75%) 1,129,800 11.61 - 11.67 11.29 - 12.20
MER L 41.15 -0.33 (-0.80%) 4,999,300 40.95 - 41.81
MERQ L 21.28 0.45 (+2.16%) 1,363,900 21.29 - 21.30 20.83 - 22.89
MONI L 0.83 -0.12 (-12.63%) 1,255,600 0.82 - 0.83 0.81 - 0.93
MOT 15.41 0.63 (+4.26%) 5,831,600 14.49 - 15.56
MRVC L 2.53 0.10 (+4.12%) 560,000 2.52 - 2.56 2.50 - 2.66
MRVL 20.46 0.01 (+0.05%) 280,800 20.46 - 20.50 20.20 - 21.25
MSFT 54.18 1.27 (+2.40%) 20,506,200 54.17 - 54.18 53.17 - 54.58
MTZ L 6.75 -0.58 (-7.91%) 84,800 6.60 - 7.48
MWD L 42.60 0.10 (+0.24%) 2,596,100 42.12 - 43.23
NE 26.45 -0.75 (-2.76%) 756,400 26.31 - 27.30
NEWP L 13.36 0.06 (+0.45%) 609,500 13.36 - 13.39 13.00 - 14.00
NT L 5.06 0.06 (+1.20%) 4,761,800 5.01 - 5.20
NUFO L 2.55 0.02 (+0.79%) 225,400 2.51 - 2.53 2.45 - 2.70
NVLS 32.70 -1.03 (-3.05%) 4,541,300 32.70 - 32.71 32.57 - 34.38
ONIS L 8.45 -1.63 (-16.17%) 5,619,300 8.45 - 8.52 8.21 - 10.15
OPWV L 13.20 -0.78 (-5.58%) 2,747,700 13.16 - 13.20 13.00 - 14.45
PHTN 26.65 -0.31 (-1.15%) 124,900 26.65 - 26.70 26.62 - 28.92
PMCS 21.01 0.09 (+0.43%) 3,661,500 20.98 - 21.00 20.65 - 22.21
PSFT 22.93 -2.02 (-8.09%) 5,415,400 22.94 - 22.97 22.60 - 24.74
Q 19.95 1.38 (+7.43%) 4,183,400 18.78 - 20.09
QCOM 47.50 1.71 (+3.74%) 8,193,500 47.50 - 47.57 45.31 - 48.38
RFMD 23.40 0.31 (+1.34%) 5,868,800 23.40 - 23.41 22.50 - 24.19
RIG L 26.93 -0.96 (-3.44%) 1,788,600 26.85 - 27.90
RMBS 7.73 1.08 (+16.24%) 6,703,500 7.72 - 7.73 7.59 - 8.30
RNWK L 4.94 0.14 (+2.92%) 516,600 4.92 - 4.94 4.85 - 5.10
SCH L 10.14 0.07 (+0.70%) 1,993,400 10.00 - 10.41
SCMR L 4.76 0.07 (+1.49%) 651,600 4.76 - 4.77 4.74 - 5.00
SDC L 22.25 -0.76 (-3.30%) 332,000 22.20 - 23.00
SEBL L 15.48 -1.23 (-7.36%) 8,716,600 15.47 - 15.50 15.30 - 17.16
SHOO 13.10 -1.15 (-8.07%) 67,400 13.02 - 13.30 13.02 - 13.86
SONS L 9.38 -0.83 (-8.13%) 2,240,300 9.37 - 9.38 9.23 - 10.69
SUNW L 9.98 0.13 (+1.32%) 24,306,400 9.98 - 9.99 9.82 - 10.38
SVGI 34.76 0.00 (+0.00%) 34.51 - 34.85
TDW L 27.23 -1.88 (-6.46%) 506,100 27.10 - 29.00
TER 25.40 -0.52 (-2.01%) 610,900 24.70 - 26.49
TLAB 10.40 0.22 (+2.16%) 3,556,000 10.40 - 10.42 10.10 - 10.89
TQNT 18.67 0.10 (+0.54%) 2,062,700 18.66 - 18.67 18.26 - 19.86
TXCC 4.50 0.00 (+0.00%) 1,003,500 4.49 - 4.52 4.45 - 4.88
UTEK L 14.12 -0.38 (-2.62%) 53,700 14.11 - 14.12 14.00 - 15.05
VERT 0.56 0.03 (+5.66%) 166,400 0.55 - 0.56 0.52 - 0.58
VTSS L 10.15 -0.22 (-2.12%) 1,613,600 10.13 - 10.15 10.01 - 10.85
WIND L 12.61 0.10 (+0.80%) 173,600 12.60 - 12.70 12.32 - 12.82
YHOO L 10.66 -0.22 (-2.02%) 6,169,500 10.66 - 10.69 10.26 - 11.13 |
