Fri Sep 1 1:09am ET - U.S. Markets open in 8 hours 21 minutes. Dow 11215.10 +112.09 (+1.01%) Nasdaq 4206.35 +102.54 (+2.50%) S&P 500 1517.68 +15.09 (+1.00%) NYSE Volume 1,063,270,000 Nasdaq Volume 1,903,462,000 30-Yr Bond 5.674% -0.062 COMPX now at a resistance level and over bought short term. Broadness of the rally across sectors and tiers of stocks indicates good momentum. Heavy volume indicates some panic buying. Leaders like AMCC, NUFO, AVNX and CIEN got stronger, but laggards with good stories are finally attracting interest (DITC, FFIV, BKHM).
Number of stocks more than 1 STD above their 200 SMA is flashing an overbought signal. This is looking like the same setup as for the sell off earlier this year in April.
Also the Dow Jones Utility index is making a 52 week high. Unfortunately, the transports are not confirming. In fact they are trapped in a trading range, with a current short termn downward bias. Caution is advised here.
RETAIL 8 -2.4% Edit Delete Compare SOFTWARE1 13 +1.6% Edit Delete Compare DSL 6 -4.6% Edit Delete Compare DWDM 13 +2.6% Edit Delete Compare Financials1 7 +3.9% Edit Delete Compare Carriers1 6 +0.9% Edit Delete Compare Telecom Construction1 5 -1.4% Edit Delete Compare networkers1 6 +3.0% Edit Delete Compare Contract Manufacturers 5 +5.2% Edit Delete Compare Telecom Equipment 18 +3.2% Edit Delete Compare Tier 2, D-WDM 16 +2.2% Edit Delete Compare Broadband Cable 1 8 +3.2% Edit Delete Compare DOW 10 -1.3% Edit Delete Compare XML 15 +0.7% Edit Delete Compare Internet Security 20 +1.6% Edit Delete Compare Supercoductors 5 +0.4% Edit Delete Compare Bull Sector-optical 84 +2.0% Edit Delete Compare Satellite Stocks1 3 +2.1% Edit Delete Compare Strong Stocks March 16 Correction 22 +2.6% Edit Delete Compare Biotechs 9 +7.4% Edit Delete Compare CHIP EQUIPMENT 13 +2.2% Edit Delete Compare CHIPS1 22 +2.5% Edit Delete Compare MEMS 2 +7.7% Edit Delete Compare April 11 strong stocks1 16 +3.0% Edit Delete Compare Day Traders 12 +3.0% Edit Delete Compare Genomics 9 +3.7% Edit Delete Compare Incubators 8 -1.2% Edit Delete Compare Internet Sector 12 -0.6% Edit Delete Compare Flat Panel Displays 3 +2.0% Edit Delete Compare E-Gaming stocks 4 +0.9% Edit Delete Compare
Symbol Price Change Volume Bid/Ask Day Range ADCT 40.94 -0.88 (-2.09%) 15,003,600 40.81 - 40.88 40.25 - 42.94 ADTN 53.56 3.19 (+6.33%) 577,100 53.50 - 55.50 50.62 - 54.75 AFCI 52.84 2.72 (+5.42%) 2,149,000 51.75 - 52.75 49.56 - 53.06 ALA H 82.88 2.00 (+2.47%) 1,733,900 81.38 - 82.88 AMAT 86.31 1.94 (+2.30%) 10,676,400 86.50 - 86.56 85.00 - 87.62 AMCC 202.94 5.25 (+2.66%) 3,580,300 202.88 - 202.94 197.12 - 204.50 AMTD 18.81 0.28 (+1.52%) 1,505,500 18.50 - 18.69 18.38 - 18.81 ANAD 36.00 0.12 (+0.35%) 1,696,000 36.00 - 36.38 35.88 - 37.50 ANDW 29.62 0.56 (+1.94%) 594,700 29.06 - 31.50 28.88 - 30.56 ANN 36.00 0.06 (+0.17%) 786,300 33.38 - 36.00 AOL 58.94 -0.19 (-0.32%) 9,773,400 58.25 - 59.50 APAT 18.00 0.12 (+0.70%) 107,300 17.50 - 19.00 17.50 - 18.50 AXP 59.03 0.09 (+0.16%) 3,466,100 59.00 - 60.38 BKB 43.38 0.00 (+0.00%) 100 41.44 - 44.12 BKHM 61.75 5.00 (+8.81%) 1,757,800 57.12 - 62.44 59.50 - 62.50 BRCM 250.00 11.56 (+4.85%) 9,482,400 248.38 - 248.88 230.00 - 250.50 CIEN H 221.69 11.56 (+5.50%) 4,971,000 220.31 - 220.88 207.38 - 221.81 CMGI 44.75 -1.06 (-2.32%) 8,248,800 44.62 - 45.06 44.25 - 46.56 CMTN 59.94 -1.00 (-1.64%) 4,426,300 59.88 - 60.00 58.25 - 62.88 CNXT 37.19 1.69 (+4.75%) 3,959,800 38.00 - 38.19 35.94 - 37.66 COVD 16.31 0.19 (+1.16%) 5,387,200 16.38 - 16.44 16.12 - 16.88 CPWR 10.56 0.56 (+5.62%) 12,083,200 10.62 - 10.81 10.25 - 11.00 CS 37.44 3.12 (+9.11%) 2,081,900 34.38 - 37.50 CSCO 68.62 2.06 (+3.10%) 46,835,300 68.44 - 68.62 66.81 - 68.94 CYMI 45.94 1.81 (+4.11%) 732,300 45.94 - 46.00 44.19 - 47.94 CYMI 45.94 1.81 (+4.11%) 732,300 45.94 - 46.00 44.19 - 47.94 DCLK 40.69 -1.38 (-3.27%) 2,970,200 40.44 - 41.19 39.12 - 43.12 DIS 38.94 0.56 (+1.47%) 4,437,600 38.31 - 39.81 DITC 59.00 4.50 (+8.26%) 776,900 59.00 - 60.00 54.62 - 59.12 DK 6.06 -0.19 (-3.00%) 29,300 6.06 - 6.25 DRIV 6.88 -0.12 (-1.79%) 292,900 5.75 - 8.25 6.81 - 7.06 EFII 26.00 -3.06 (-10.54%) 5,256,500 26.50 - 26.56 25.00 - 30.00 ETEK 263.81 0.00 (+0.00%) 261.50 - 265.69 EXDS 68.44 0.56 (+0.83%) 13,682,400 67.25 - 67.75 64.56 - 69.00 FDX 40.35 0.72 (+1.82%) 652,600 39.15 - 40.80 FFIV 58.00 5.25 (+9.95%) 2,421,500 58.00 - 58.62 52.44 - 60.00 GALT 29.44 1.06 (+3.74%) 1,946,800 26.50 - 30.00 28.12 - 29.94 GBLX 30.06 0.31 (+1.05%) 10,256,900 30.12 - 30.25 29.62 - 30.75 GE 58.62 1.12 (+1.96%) 11,900,600 57.19 - 59.31 GLW 328.00 -2.00 (-0.61%) 2,595,300 324.50 - 330.00 GPS 22.25 -0.25 (-1.11%) 25,967,000 21.12 - 22.50 HIFN 63.50 3.69 (+6.17%) 327,200 55.00 - 65.75 60.50 - 64.72 HIV 5.50 0.00 (+0.00%) IBI 16.12 -0.88 (-5.15%) 927,900 16.06 - 16.69 INKT 130.38 4.38 (+3.47%) 3,162,900 129.12 - 130.00 124.00 - 131.00 INTC 74.88 1.38 (+1.87%) 28,530,700 74.94 - 75.00 73.62 - 75.62 IOM 4.12 0.22 (+5.60%) 4,940,000 4.00 - 4.44 ITWO 169.19 0.44 (+0.26%) 2,510,500 168.62 - 170.75 168.00 - 174.50 JBL 63.78 4.53 (+7.65%) 1,253,800 58.88 - 64.00 JDSU 124.47 6.47 (+5.48%) 21,739,600 123.81 - 124.00 118.25 - 125.25 JNJ 91.94 0.69 (+0.75%) 2,351,200 91.62 - 93.88 JNPR H 213.75 9.88 (+4.84%) 5,162,400 214.00 - 214.44 206.25 - 214.38 KEA 17.31 -0.19 (-1.07%) 196,900 17.12 - 17.50 LU 42.00 -1.00 (-2.33%) 20,828,400 41.25 - 43.62 MER H 144.88 2.75 (+1.93%) 2,392,900 141.31 - 146.62 MERQ 122.19 5.06 (+4.32%) 2,415,000 120.25 - 122.38 118.19 - 123.50 MOT 36.25 1.00 (+2.84%) 12,921,400 35.00 - 36.44 MRVC 77.06 1.88 (+2.49%) 1,674,900 76.12 - 77.44 75.50 - 79.50 MSFT 69.81 -0.19 (-0.27%) 36,287,700 70.00 - 70.12 69.69 - 71.31 MTZ 36.00 0.56 (+1.59%) 351,000 35.12 - 37.62 MWD 107.56 1.69 (+1.59%) 2,825,900 104.56 - 108.50 NEWP H 159.00 8.88 (+5.91%) 1,035,100 158.25 - 161.00 152.75 - 160.88 NN 35.50 0.00 (+0.00%) NT 81.50 1.50 (+1.88%) 9,220,100 80.25 - 82.44 NTBK 11.38 -0.12 (-1.09%) 128,400 11.06 - 11.50 11.00 - 11.44 NTBK 11.38 -0.12 (-1.09%) 128,400 11.06 - 11.50 11.00 - 11.44 NUFO 138.06 6.06 (+4.59%) 291,500 138.25 - 143.00 132.38 - 140.38 NVLS 61.56 2.88 (+4.90%) 3,282,600 61.62 - 62.00 59.00 - 61.62 NVLS 61.56 2.88 (+4.90%) 3,282,600 61.62 - 62.00 59.00 - 61.62 ORTL 200.38 0.00 (+0.00%) 194.06 - 202.00 PHCM 92.44 5.88 (+6.79%) 3,106,000 93.00 - 93.75 86.88 - 94.88 PHTN 46.94 -6.56 (-12.27%) 516,900 48.00 - 48.88 46.88 - 53.75 PMCS 236.00 -1.00 (-0.42%) 1,986,200 235.75 - 236.00 232.31 - 239.75 PSFT H 32.25 3.31 (+11.45%) 10,978,400 32.00 - 32.25 28.50 - 32.44 PUMA 24.31 -1.16 (-4.54%) 2,205,200 24.12 - 24.50 23.62 - 25.50 QCOM 59.88 1.56 (+2.68%) 19,027,700 60.50 - 60.75 58.00 - 62.06 QWST 43.00 0.00 (+0.00%) 42.94 - 43.00 RBAK 149.38 12.38 (+9.03%) 4,436,300 148.62 - 149.25 140.69 - 150.50 RFMD 44.62 -1.94 (-4.16%) 8,110,600 44.69 - 44.75 44.00 - 47.50 RHAT 25.12 -0.31 (-1.23%) 4,193,700 25.25 - 25.50 25.00 - 27.12 RMBS 81.69 5.50 (+7.22%) 4,949,700 81.19 - 81.50 73.88 - 82.00 RNWK 48.69 -0.62 (-1.27%) 2,031,400 48.38 - 49.00 47.06 - 49.50 SCH 38.44 1.06 (+2.84%) 3,651,400 37.00 - 38.69 SCMR 137.50 -2.06 (-1.48%) 5,779,600 137.00 - 137.50 134.50 - 140.50 SDLI 397.31 14.31 (+3.74%) 1,630,100 397.00 - 398.94 384.00 - 398.75 SFTBF 135.00 0.00 (+0.00%) 9,400 128.00 - 137.00 SHOO 12.31 0.19 (+1.55%) 431,300 12.38 - 12.88 11.62 - 12.44 SPLI 69.38 -0.69 (-0.98%) 45,500 69.00 - 69.69 67.75 - 70.94 SUNW 126.94 -0.19 (-0.15%) 8,600,900 126.88 - 127.00 126.06 - 128.12 SVGI 27.88 -0.62 (-2.19%) 492,300 27.75 - 35.00 27.12 - 28.75 TER 64.81 0.38 (+0.58%) 1,851,900 64.00 - 65.38 TLAB 56.19 1.19 (+2.16%) 5,557,200 56.00 - 56.38 54.25 - 56.75 UNFY 1.50 0.00 (+0.00%) 3.88 - 3.94 UTEK 18.00 0.06 (+0.35%) 161,300 15.00 - 19.00 17.75 - 18.25 VARL 12.00 0.00 (+0.00%) 12.00 - 10.00 VERT 53.25 -2.88 (-5.12%) 2,645,300 53.00 - 53.44 53.00 - 57.75 VTSS 88.81 1.69 (+1.94%) 3,292,000 88.25 - 89.75 87.19 - 90.19 WCAP 12.38 -0.56 (-4.35%) 139,700 12.00 - 12.75 11.75 - 13.50 WIND 40.75 1.00 (+2.52%) 995,900 42.00 - 42.12 39.50 - 41.12 YHOO 121.50 -1.75 (-1.42%) 5,545,700 121.25 - 121.62 120.75 - 124.00 |