Dow 11016.11 +10.74 (+0.10%)
Nasdaq 2197.59 -53.44 (-2.37%)
S&P 500 1270.29 -7.60 (-0.59%)
10-Yr Bond 5.490% +0.005
NYSE Volume 242,804,000
Nasdaq Volume 435,445,000
Moved below critical support at 2240. We need to move above that level to suggest a continuationof the recent up trend.
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10:30AM ET After an initial jump on higher than expected Conumser Confidence report, the Nasdaq is close to testing initial supports at 2200 (congestion) and 2193 (50% of the May 16/23 rally). Weakening daily readings suggest that the a more extensive pullback is at least potentially developing as failure to take out 2242 has left the weaker bias dominant short term....Nortel (NT 14.48 -0.12) not bouncing on positive comments from Lehman which believes NT is an attractive sum-of-the-parts investment.
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Market Outlook
Chips and Dips
By:Adam Martin
Stocks remain mixed as the morning continues, with the DJIA hanging on to some of its gains, and the DJIA still underwater. Consumer Confidence numbers came in stronger than expected, bringing a surge of optimism to the market, but that surge seems to have already lost its edge. Some downgrades of key tech players had pushed tech stocks down into the red this morning, where it remainsat this hour. Traders fault the economic situation for downgrades in the tech sector, and that pessimism is likely to weigh on the Nasdaq today. Along with Sun Microsystems mid-quarter update, those downgrades will most likely be the driving force in the market.
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No sector numbers available.
Symbol Price Change Volume Bid/Ask Day Range
ADCT 7.92 -0.68 (-7.91%) 5,730,100 7.90 - 7.91 7.87 - 8.60
ADTN 26.65 -0.04 (-0.15%) 44,400 26.51 - 26.65 26.50 - 26.75
AFCI 19.90 -1.14 (-5.42%) 407,700 19.90 - 19.91 19.80 - 20.72
ALA L 26.50 -1.61 (-5.73%) 860,300 26.50 - 27.37
AMAT 52.27 -1.44 (-2.68%) 3,039,300 52.25 - 52.26 52.25 - 53.53
AMCC 21.50 -1.25 (-5.49%) 3,284,300 21.37 - 21.38 21.37 - 22.46
ANAD 21.12 -0.59 (-2.72%) 176,400 21.11 - 21.12 21.05 - 21.69
ANDW 16.99 -0.32 (-1.85%) 62,500 16.99 - 17.03 16.50 - 17.38
ANN 36.41 -0.34 (-0.93%) 58,900 36.41 - 36.85
AOL 52.12 -1.41 (-2.63%) 4,192,300 51.70 - 52.69
APAT 10.50 -0.05 (-0.47%) 3,400 10.30 - 10.59 10.45 - 10.55
ASYS 12.40 -0.47 (-3.65%) 8,300 12.35 - 12.40 12.35 - 12.85
AVCI 12.62 -0.65 (-4.90%) 154,100 12.62 - 12.65 12.60 - 13.23
AVNX 16.75 -0.54 (-3.12%) 254,100 16.75 - 16.76 16.75 - 17.39
AXP 42.84 -0.49 (-1.13%) 968,600 42.77 - 43.58
BKB 43.38 0.00 (+0.00%) 100 41.44 - 44.12
BKHM 6.40 -0.25 (-3.76%) 106,400 6.38 - 6.43 6.28 - 6.75
BRCD 43.04 -3.43 (-7.38%) 3,813,100 43.04 - 43.01 42.83 - 45.50
BRCM 37.11 -2.24 (-5.69%) 1,672,300 37.11 - 37.13 37.05 - 38.72
CIEN 57.48 -2.86 (-4.74%) 3,148,700 57.49 - 57.50 57.37 - 59.80
CMGI 5.03 -0.11 (-2.14%) 758,800 5.03 - 5.04 5.00 - 5.12
CMTN 4.66 0.05 (+1.08%) 264,800 4.65 - 4.66 4.60 - 4.91
CNXT 9.02 -0.81 (-8.24%) 800,900 9.02 - 9.04 9.00 - 9.78
COVD 1.39 0.00 (+0.00%) 1.40 - 1.42
CPWR 10.71 -0.20 (-1.83%) 250,100 10.70 - 10.72 10.70 - 10.91
CS 19.82 -0.54 (-2.65%) 640,700 19.73 - 20.04
CSCO 20.90 -1.15 (-5.22%) 23,676,800 20.90 - 20.91 20.89 - 21.55
CYMI 30.50 -0.47 (-1.52%) 20,500 30.41 - 30.48 30.45 - 31.00
DIS 32.46 -0.18 (-0.55%) 1,463,900 32.00 - 32.60
DITC 8.99 -1.00 (-10.01%) 527,600 8.96 - 8.99 8.98 - 9.85
EXDS 8.51 -0.37 (-4.17%) 1,327,700 8.51 - 8.52 8.51 - 8.81
EXTR 32.35 -2.27 (-6.56%) 897,500 32.35 - 32.36 32.25 - 34.23
FDRY 19.46 -1.80 (-8.47%) 826,000 19.49 - 19.53 19.46 - 20.86
FDX 39.84 0.12 (+0.30%) 98,500 39.50 - 39.97
FFIV 13.10 -0.21 (-1.58%) 55,300 13.10 - 13.12 13.03 - 13.31
GE 50.30 0.35 (+0.70%) 2,714,100 50.01 - 50.55
GLM 25.80 -0.32 (-1.23%) 553,600 25.80 - 26.49
GLW 21.12 -0.43 (-2.00%) 1,401,900 21.04 - 21.75
GPS 32.17 0.02 (+0.06%) 706,100 31.85 - 32.30
HEII 8.06 -0.08 (-0.98%) 1,000 8.06 - 8.13 8.06 - 8.24
HIFN 17.61 -0.36 (-2.00%) 9,200 17.53 - 17.70 17.61 - 17.92
IBI 15.44 -0.12 (-0.77%) 28,900 15.37 - 15.50
INKT 10.50 -0.46 (-4.20%) 1,673,800 10.50 - 10.51 10.35 - 11.10
INTC 28.31 -0.79 (-2.71%) 9,541,300 28.30 - 28.31 28.28 - 29.02
IOM 2.89 -0.02 (-0.69%) 421,600 2.88 - 2.95
ITWO 24.00 -1.75 (-6.80%) 2,594,600 24.00 - 24.01 24.00 - 25.71
JBL 32.44 -2.05 (-5.94%) 334,700 32.30 - 33.96
JDSU 20.21 -1.05 (-4.94%) 6,203,300 20.20 - 20.21 20.11 - 21.20
JNJ 97.39 0.14 (+0.14%) 684,200 96.90 - 97.70
JNPR 48.60 -3.56 (-6.83%) 7,520,300 48.60 - 48.61 48.55 - 52.20
KOPN 11.31 -0.83 (-6.84%) 355,000 11.31 - 11.34 11.25 - 12.48
LU 8.29 -1.11 (-11.81%) 11,314,600 8.26 - 9.85
MCDT 36.06 -3.54 (-8.94%) 621,200 36.05 - 36.18 36.06 - 38.50
MER 66.40 -1.15 (-1.70%) 822,500 66.27 - 67.38
MERQ 64.25 -3.30 (-4.89%) 924,100 64.25 - 64.26 64.05 - 67.01
MONI 11.39 0.29 (+2.61%) 39,500 11.25 - 11.42 11.34 - 11.48
MOT 15.45 -0.26 (-1.65%) 1,448,200 15.42 - 15.98
MRVC 11.76 -0.59 (-4.78%) 428,000 11.75 - 11.75 11.73 - 12.30
MRVL 29.75 -0.78 (-2.55%) 190,600 29.65 - 29.79 29.70 - 30.26
MSFT 70.49 -0.42 (-0.59%) 8,044,100 70.48 - 70.49 70.05 - 71.00
MTZ 16.53 -0.17 (-1.02%) 7,400 16.52 - 16.56
MWD 67.99 -1.49 (-2.14%) 865,300 67.81 - 69.40
NE 44.60 -0.47 (-1.04%) 255,000 44.51 - 46.00
NEWP 36.23 -2.53 (-6.53%) 410,000 36.25 - 36.26 36.23 - 38.62
NT 14.49 -0.11 (-0.75%) 3,240,800 14.45 - 14.94
NUFO 12.75 -0.79 (-5.83%) 341,700 12.75 - 12.77 12.75 - 13.30
NVLS 50.36 -2.01 (-3.84%) 1,232,200 50.36 - 50.37 50.25 - 52.16
ONIS 35.84 -1.00 (-2.71%) 760,400 35.84 - 35.85 35.65 - 36.71
OPWV 43.31 -2.07 (-4.56%) 1,438,200 43.31 - 43.33 43.00 - 45.20
PHTN 32.56 -0.46 (-1.39%) 28,400 32.55 - 32.56 32.41 - 32.99
PMCS 34.59 -2.61 (-7.02%) 1,742,000 34.59 - 34.60 34.54 - 36.80
PSFT 42.26 -2.69 (-5.98%) 1,553,100 42.25 - 42.26 42.25 - 44.30
Q 37.21 -0.54 (-1.43%) 598,600 37.15 - 38.29
QCOM 66.69 -0.83 (-1.23%) 2,391,200 66.66 - 66.70 66.56 - 68.45
RFMD 27.99 -1.84 (-6.17%) 1,385,300 27.93 - 27.94 27.92 - 29.40
RIG 54.00 -0.40 (-0.74%) 747,100 54.00 - 55.19
RMBS 11.56 -0.56 (-4.62%) 538,200 11.55 - 11.60 11.50 - 12.10
RNWK 11.47 -1.62 (-12.38%) 1,724,900 11.47 - 11.49 11.35 - 12.51
SCH 20.06 -0.74 (-3.56%) 600,900 20.06 - 20.83
SCMR 10.63 -0.38 (-3.45%) 805,200 10.63 - 10.65 10.53 - 11.08
SDC 36.10 -0.15 (-0.41%) 358,200 36.00 - 37.10
SEBL 50.45 -1.47 (-2.83%) 2,838,100 50.47 - 50.54 50.29 - 52.97
SHOO 15.39 -0.06 (-0.39%) 9,800 15.35 - 15.39 15.13 - 15.40
SONS 30.16 -0.43 (-1.41%) 607,700 30.16 - 30.25 30.00 - 30.75
SUNW 18.82 -1.65 (-8.06%) 20,014,300 18.82 - 18.83 18.48 - 19.50
SVGI 34.76 0.00 (+0.00%) 34.51 - 34.85
TDW 47.71 -0.34 (-0.71%) 122,700 47.70 - 48.73
TER 43.22 -1.27 (-2.85%) 328,900 43.00 - 43.64
TLAB 36.59 -2.09 (-5.40%) 905,200 36.59 - 36.60 36.59 - 38.95
TQNT 19.81 -1.39 (-6.56%) 882,400 19.78 - 19.80 19.75 - 20.84
TXCC 15.02 -0.78 (-4.94%) 222,000 15.00 - 15.10 15.00 - 15.65
UTEK 21.31 -0.84 (-3.79%) 341,400 21.31 - 21.40 21.31 - 22.25
VERT 2.55 -0.12 (-4.49%) 288,500 2.55 - 2.56 2.53 - 2.71
VTSS 28.99 -1.30 (-4.29%) 878,700 28.97 - 28.98 28.96 - 30.29
WIND 23.77 -1.26 (-5.03%) 146,700 23.70 - 23.77 23.70 - 25.20
YHOO 19.93 -0.99 (-4.73%) 1,289,300 19.93 - 19.93 19.91 - 20.85 |
