Stocks are trading sharply lower on Tuesday, despite more deal
news. More negative economic news was released today, with
Consumer Confidence falling in August and the Case-Shiller home
price index showing home prices fell 3.2% in Q2. Traders attention
now shifts to the release of the Federal Reserve minutes from the
August 7 meeting.
Gateway (GTW | news | PowerRating | PR Charts ) agreed to be acquired by Acer,
with the Taiwan based company paying approximately $710 million (full
story).
Also, U.S. Steel (X | news | PowerRating | PR Charts ) agreed to acquire
Stelco for about $1.1 billion (read
more).
Learn how Raptor II was able to achieve 28%+ returns from 5/2006 to
8/2007.
Click Here
to sign up for a free presentation hosted by Larry Connors.
|
Market Snapshot |
|
|
|
|
|
|
|
|
|
Volume |
56,981,532,000 |
350,921,031,680 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Strongest/Weakest Industry Groups |
|
|
|
Economic
News |
| July Existing Homes Sales:
Consensus 5.75M Actual 5.70M |
|
TradingMarkets subscribers have access to
16 quantitative
stock indicators and another
17 quantitative market bias indicators. These indicators are derived from
our proprietary database that includes millions of trades, and designed to give
you a short-term trading edge.
Each day, we provide free open access to one of these proprietary stock
indicators. If you would like to access all 16 stock indicators, 17 market bias
indicators, along with many other tools, click here for a free
7-day TradingMarkets trial.
