Dow 10241.02 +65.38 (+0.64%) Nasdaq 1972.04 +9.25 (+0.47%) S&P 500 1180.18 -1.34 (-0.11%) 10-Yr Bond 5.285% +0.013 NYSE Volume 1,384,170,000 Nasdaq Volume 1,771,890,000 EQUITY OPTION
TOTAL EQUITY CALL VOLUME : 602,824 TOTAL EQUITY PUT VOLUME : 466,160 TOTAL VOLUME : 1,068,984
EPC=0.77
The Nasdaq Composite began the session on a positive note but volatile/choppy trading quickly took hold. This was actually an encouraging development considering the way that it closed on Tuesday and the plethora of negative news/reports. Compaq (CPQ +0.53) maintained its outlook for Q2 but warned on revenue and said it would slash more jobs due to spreading overseas weakness. This same theme of a extending economic malaise was evident in the Comverse Tech (CMVT -12.52) warning. It seems that the market perceived the action by CPQ to be proactive and greeted it with a favorable response. This same type of greeting was seen in the computer-hardware sector (already down more than 20% this year) despite the estimate cuts by UBS Warburg on DELL (+0.37), Hewlett-Packard (HWP +0.34), PC growth rate cuts by Merrill Lynch and speculation that Dell was becoming more aggressive on pricing which raises the specter of a price war. The negative news did not end there as CSFB questioned a recovery in the software sector, First Union brought up the subject of companies folding in the optical space and Goldman downgraded several telecom stocks. The trading pattern was the same for the Dow but its performance was more bullish as it benefited from gains in GM (+2.73), IBM (+1.89), SBC Comm (SBC +1.77), Microsoft (MSFT +2.02) and Wal-Mart (WMT +1.35). Some of the best performing sectors were auto and gold. GM and Daimlerchrysler (DCX +2.42) rose after favorable Street comments and gold appeared to benefit as a safe haven amid the increasing problems in Latin America. The lack of follow through on the afternoon push was not particularly surprising as market internals maintained a firmly negative bias throughout the session. This is a reflection of investor caution in front of earnings season which begins today. A few positive developments on this front coupled with the oversold technical posture could help bring some of the sidelined cash back into the fray.
RETAIL 8 +1.7% Edit Delete Compare DSL 6 -1.2% Edit Delete Compare DWDM 20 -0.1% Edit Delete Compare Financials1 7 -1.0% Edit Delete Compare Carriers1 6 -0.0% Edit Delete Compare Telecom Construction1 5 +0.4% Edit Delete Compare networkers1 6 +0.8% Edit Delete Compare Contract Manufacturers 5 -0.2% Edit Delete Compare Telecom Equipment 18 -0.8% Edit Delete Compare Tier 2, D-WDM 16 -2.2% Edit Delete Compare Broadband Cable 1 8 -1.3% Edit Delete Compare DOW 10 +0.7% Edit Delete Compare XML 15 +0.1% Edit Delete Compare Internet Security 20 -3.4% Edit Delete Compare Supercoductors 5 -1.9% Edit Delete Compare Bull Sector-optical 84 -0.4% Edit Delete Compare Satellite Stocks1 3 -0.4% Edit Delete Compare Strong Stocks March 16 Correction 22 -0.3% Edit Delete Compare Biotechs 9 -0.5% Edit Delete Compare CHIP EQUIPMENT 13 +1.6% Edit Delete Compare CHIPS1 22 +2.0% Edit Delete Compare Clint's Financials 40 -0.5% Edit Delete Compare MEMS 2 -0.9% Edit Delete Compare April 11 strong stocks1 16 +1.0% Edit Delete Compare Day Traders 12 -0.7% Edit Delete Compare Genomics 9 -2.5% Edit Delete Compare Incubators 8 -0.5% Edit Delete Compare Internet Sector 14 -4.2% Edit Delete Compare Flat Panel Displays 4 -1.4% Edit Delete Compare E-Gaming stocks 7 +1.3% Edit Delete Compare Stocks pulling back on below avg vol 42 +0.5% Edit Delete Compare Bottoming List 10 +2.0% Edit Delete Compare Clint's Strong Stocks Sept Selloff 23 -0.8% Edit Delete Compare Drug Stocks 15 -0.4% Edit Delete Compare RTS Biotechs 13 -1.7% Edit Delete Compare Gigabit 35 +1.3% Edit Delete Compare Dec 1 Rev. Leaders 37 +1.4% Edit Delete Compare Mata Market World 83 -0.3% Edit Delete Compare Telecom Software 4 -14.3% Edit Delete Compare Oil Drilers - Deep Water 6 -1.9% Edit Delete Compare Storage 6 +1.6% Edit Delete Compare M.L. Picks 23 -0.7% Edit Delete Compare HOLDERS 12 -0.2% Edit Delete Compare 4 Q's of cash 20 -0.1% Edit Delete Compare Carriers 9 -0.2% Edit Delete Compare
Symbol Price Change Volume Bid/Ask Day Range ADCT 6.06 -0.01 (-0.16%) 7,195,500 6.30 - 6.33 5.97 - 6.20 ADTN 18.80 0.19 (+1.02%) 181,800 18.00 - 26.38 17.85 - 19.02 AFCI 19.13 -0.14 (-0.73%) 524,100 20.00 - 20.35 18.84 - 19.90 ALA 15.28 -0.42 (-2.68%) 2,199,900 15.25 - 15.98 AMAT 44.06 1.28 (+2.99%) 15,851,800 46.36 - 46.47 42.16 - 44.24 AMCC 14.62 0.65 (+4.65%) 11,483,900 15.81 - 15.94 13.50 - 14.79 ANAD 18.54 0.64 (+3.58%) 269,300 18.30 - 19.61 17.86 - 18.74 ANDW 16.95 0.46 (+2.79%) 626,300 16.00 - 17.85 16.29 - 17.07 ANN 31.40 1.10 (+3.63%) 1,344,500 29.60 - 32.36 AOL 48.50 -1.68 (-3.35%) 20,461,800 47.63 - 50.10 APAT 7.69 -0.09 (-1.16%) 10,300 7.62 - 7.69 7.50 - 7.80 ASYS 8.95 0.05 (+0.56%) 6,500 8.94 - 8.97 8.75 - 9.00 AVCI 6.78 -0.72 (-9.60%) 2,111,900 7.20 - 7.40 6.44 - 7.60 AVNX 7.37 0.07 (+0.96%) 1,906,600 7.85 - 7.95 7.11 - 7.60 AXP 37.33 0.33 (+0.89%) 4,786,400 36.60 - 37.46 BKB 43.38 0.00 (+0.00%) 100 41.44 - 44.12 BKHM 2.11 -0.12 (-5.38%) 82,500 2.15 - 2.40 2.10 - 2.30 BRCD 32.73 1.56 (+5.00%) 16,194,700 34.70 - 34.90 30.25 - 32.85 BRCM 38.35 2.99 (+8.46%) 11,429,400 41.59 - 41.60 34.35 - 38.40 CIEN 31.06 1.74 (+5.93%) 26,823,900 33.49 - 33.44 28.29 - 31.23 CMGI 2.28 -0.02 (-0.87%) 3,284,500 2.50 - 2.54 2.09 - 2.36 CMTN 3.20 -0.40 (-11.11%) 301,000 3.45 - 3.48 3.15 - 3.60 CNXT 8.11 0.62 (+8.28%) 3,377,900 8.35 - 8.60 7.48 - 8.28 COVD 0.67 -0.06 (-8.22%) 1,059,600 0.70 - 0.71 0.65 - 0.73 CPWR 12.65 0.12 (+0.96%) 6,708,100 13.05 - 13.20 12.44 - 12.85 CS 22.50 0.59 (+2.69%) 3,212,800 21.50 - 22.60 CSCO 16.70 0.50 (+3.09%) 64,111,900 17.91 - 17.92 16.01 - 16.80 CYMI 24.05 0.13 (+0.54%) 170,200 24.26 - 27.90 22.93 - 24.15 DIS 28.00 0.90 (+3.32%) 8,213,200 27.10 - 28.20 DITC 6.75 0.02 (+0.30%) 107,600 6.76 - 6.89 6.31 - 6.88 EMKR 22.16 -0.38 (-1.69%) 698,000 23.01 - 25.00 20.94 - 22.59 EXDS 1.32 -0.08 (-5.71%) 25,343,000 1.48 - 1.49 1.20 - 1.44 EXTR 22.96 0.61 (+2.73%) 5,335,800 24.97 - 25.00 21.81 - 24.07 FDRY 16.96 0.07 (+0.41%) 1,663,000 18.01 - 18.10 16.00 - 17.45 FDX 39.95 0.13 (+0.33%) 1,113,900 39.40 - 40.30 FFIV 15.01 -1.93 (-11.39%) 1,245,100 15.75 - 16.89 14.50 - 16.95 GE 44.61 -1.15 (-2.51%) 27,139,700 44.30 - 45.94 GLM L 17.21 0.06 (+0.35%) 3,762,900 16.12 - 17.30 GLW 14.02 -0.10 (-0.71%) 12,021,100 13.45 - 14.12 GPS 25.90 0.35 (+1.37%) 4,914,100 25.38 - 26.30 HEII 8.25 -0.25 (-2.94%) 11,200 8.25 - 8.45 8.25 - 8.50 HIFN 13.43 0.02 (+0.15%) 24,700 13.20 - 19.45 13.00 - 13.45 IBI 14.85 0.27 (+1.85%) 751,000 14.59 - 15.09 INKT 6.85 -0.81 (-10.57%) 5,446,300 7.57 - 7.59 6.58 - 7.55 INTC 28.06 0.27 (+0.97%) 50,500,000 29.57 - 29.59 27.00 - 28.50 IOM 1.83 -0.16 (-8.04%) 1,196,800 1.83 - 1.97 ITWO 14.38 -0.37 (-2.51%) 9,334,800 15.75 - 15.84 13.94 - 14.90 JBL 24.50 1.07 (+4.57%) 2,081,100 23.08 - 24.67 JDSU 10.96 0.17 (+1.58%) 25,816,900 11.67 - 11.69 10.52 - 11.13 JNJ 53.49 0.99 (+1.89%) 12,542,500 52.60 - 53.70 JNPR L 24.53 -0.64 (-2.54%) 17,689,900 27.05 - 27.09 24.01 - 25.57 KOPN 10.79 -0.01 (-0.09%) 516,700 11.20 - 11.25 10.10 - 11.00 LU 6.05 0.04 (+0.67%) 13,631,100 5.78 - 6.16 MCDT 17.06 -0.19 (-1.10%) 667,200 18.00 - 18.75 16.71 - 18.45 MER 52.27 -1.93 (-3.56%) 9,581,000 51.50 - 54.48 MERQ 38.75 -5.26 (-11.95%) 15,038,500 41.50 - 41.75 37.09 - 41.50 MONI 3.03 -0.08 (-2.57%) 2,080,700 3.11 - 3.22 3.02 - 3.20 MOT 15.67 0.17 (+1.10%) 15,947,000 14.37 - 15.84 MRVC 7.02 -0.12 (-1.68%) 833,500 7.56 - 7.60 6.82 - 7.20 MRVL 23.23 -1.17 (-4.80%) 1,664,300 24.35 - 25.82 21.85 - 24.28 MSFT 66.50 2.02 (+3.13%) 37,356,900 70.50 - 70.50 64.20 - 66.75 MTZ 12.60 0.04 (+0.32%) 147,300 12.30 - 12.90 MWD 57.82 -0.64 (-1.09%) 5,892,400 55.00 - 59.20 NE 30.38 -0.48 (-1.56%) 3,422,100 28.85 - 30.66 NEWP 23.10 -0.46 (-1.95%) 3,423,600 24.60 - 24.74 21.53 - 24.40 NT 7.80 -0.16 (-2.01%) 9,939,900 7.66 - 8.00 NUFO 6.54 0.29 (+4.64%) 1,044,500 6.95 - 7.10 6.06 - 6.56 NVLS 47.38 1.53 (+3.34%) 5,420,800 50.17 - 50.30 45.15 - 47.65 ONIS 22.27 0.29 (+1.32%) 2,347,300 24.23 - 24.24 20.85 - 22.70 OPWV 20.24 -3.90 (-16.16%) 15,492,000 22.30 - 22.49 19.70 - 25.00 PHTN 28.95 1.35 (+4.89%) 88,900 27.85 - 34.50 27.87 - 29.65 PMCS 25.49 1.82 (+7.69%) 5,889,500 27.68 - 27.70 23.80 - 26.02 PSFT 40.46 0.41 (+1.02%) 8,124,900 43.40 - 43.85 39.75 - 41.61 Q 29.14 -0.70 (-2.35%) 5,392,200 28.80 - 29.98 QCOM 56.45 -2.60 (-4.40%) 15,186,100 60.00 - 60.18 55.22 - 59.49 RFMD 19.03 -1.59 (-7.71%) 8,748,800 21.10 - 21.19 18.90 - 20.49 RIG 39.35 -0.20 (-0.51%) 6,788,800 37.50 - 39.70 RMBS 9.60 -0.02 (-0.21%) 1,036,300 10.35 - 10.39 9.30 - 9.86 RNWK 10.35 -0.37 (-3.45%) 1,521,200 10.88 - 10.98 9.89 - 10.70 SCH 14.14 -0.80 (-5.35%) 5,533,400 13.97 - 14.75 SCMR 7.53 0.07 (+0.94%) 1,219,600 8.00 - 8.08 7.21 - 7.60 SDC 27.90 -0.92 (-3.19%) 672,500 27.30 - 28.81 SEBL 41.35 1.35 (+3.37%) 14,495,800 45.16 - 45.25 39.70 - 41.40 SHOO 18.96 0.16 (+0.85%) 98,400 18.11 - 19.90 18.65 - 19.03 SONS 18.93 1.47 (+8.42%) 7,775,800 21.65 - 21.82 16.82 - 19.24 SUNW 13.98 -0.09 (-0.64%) 48,436,900 14.78 - 14.79 13.72 - 14.31 SVGI 34.76 0.00 (+0.00%) 100 34.51 - 34.85 33.30 - 35.64 TDW 38.00 -0.76 (-1.96%) 1,305,800 36.25 - 38.07 TER 31.00 0.57 (+1.87%) 1,791,700 29.76 - 31.46 TLAB L 15.40 0.08 (+0.52%) 5,947,800 16.30 - 16.50 14.47 - 15.70 TQNT 16.86 -0.44 (-2.54%) 3,317,600 18.65 - 18.74 16.65 - 18.12 TXCC 8.00 0.30 (+3.90%) 1,809,400 8.55 - 8.75 7.65 - 8.22 UTEK 24.04 0.87 (+3.75%) 460,600 24.05 - 27.00 22.61 - 24.20 VERT 1.42 -0.08 (-5.33%) 944,600 1.50 - 1.53 1.37 - 1.57 VTSS 16.11 0.33 (+2.09%) 6,977,800 17.70 - 17.94 15.33 - 16.48 WIND L 15.26 0.54 (+3.67%) 938,800 15.30 - 16.72 14.36 - 15.33 YHOO 17.03 -0.80 (-4.49%) 25,337,400 19.30 - 19.37 15.31 - 17.55 |