Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 660.19

-0.8%

4:00 PM EST

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From: Dr. Stoxx	6/15/2007 10:41:52 AM
	of 39683

10:40 Raymond James initiates select semiconductor stocks Raymond James initiates select semiconductor stocks. The firm resumes coverage of INTC with a Strong Buy, AMD with an Underperform. The firm also initiates MU, NVDA, ALTR with Strong Buys, and XLNX with an Outperforms. 10:40 TECHX 10-yr Yield -TNX- tests recent trading range floor at 5.171% -Update- -Technical- 10:38 TECHX Seeing some pressure develop in Coal as BTU, CNX and ACI extend pull backs off early highs -Update- -Technical- 10:37 TECHX Market View: S&P 500 edges to new session high (1536.92 +13.95) -Update- -Technical- The market is still watching interest rates and as noted earlier a drop on the Yield front would provide a secondary boost. A new session low in recent trade for the 10-yr Yield (TNX) has inspired a new high in the S&P 500 at 1537.15. Its multi-year close high from early in the month is at 1539.18 with the intraday high at 1540.56.

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