Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies



TradingMarkets Mid-Day Movers

By John Patrick Lee | TradingMarkets.com
Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




TradingMarkets just released a proprietary stock rating method called PowerRatings. This method ranks stocks 1-10 and the higher the rating, the greater the one-week historical gain has been.

PowerRatings were created by Cesar Alvarez, Director of Research for Connors Capital, LLC. Cesar looked back at more than 5.5 million trades between Jan 1, 1995 and Dec 1, 2005. The results are based on the average 5-day performance.

To find out more about PowerRatings click here.


Major indexes taking a hard fall; S&P, Dow and Nasdaq all down over 1%.

Four month highs in oil and disappointing quarterly earnings from GE and Citigroup lead to a slide in markets.

Supertex (SUPX | Quote | Chart | News | PowerRating) traded down over 20% after announcing lower than expected earnings.  SUPX's (PowerRating).

Ford (F | Quote | Chart | News | PowerRating) announced considerations to cut 25,000 jobs over next four years in a move to curb North American losses.  F's (PowerRating).

Stocks On The Move

Citigroup (C | Quote | Chart | News | PowerRating) Q4 Profit Surges 30% On Gain From Sale Of Business; Boosts Quarterly Dividend By 11% (full story).

Albertson's (ABS | Quote | Chart | News | PowerRating) To Talk To Consortium On Buy Out (full story).

KeyCorp (KEY | Quote | Chart | News | PowerRating) Q4 EPS Up, Beats Estimates On Commercial Loan Growth, Higher Fee Income; Sees Q1 EPS Above Consensus (full story).

Genworth (GNW | Quote | Chart | News | PowerRating) Financial Q4 Operating EPS Rises, Tops Estimate; To Acquire Continental Life For $145 Mln (full story).

For more stories as they happen, go to our Breaking News section.

Dow

-120.22

10760.49

NASDAQ

-25.80

2276.01

S&P 500

-13.05

1271.99

NYSE

NASDAQ

Volume

1,131,438,000

936,007,000

Advances

1257

1021

Declines

1823

1822

Up Volume

313

199

Down Volume

679

655

New Hi's

224

149

New Lo's

24

24

 

Strongest Sectors

Weakest Sectors

Oil Service (OSX | Quote | Chart | News | PowerRating) Semiconductor (SOX | Quote | Chart | News | PowerRating)
Deutsche Bank Energy (DXE | Quote | Chart | News | PowerRating) GSTI Semiconductor (GSM | Quote | Chart | News | PowerRating)
Natural Gas (XNG | Quote | Chart | News | PowerRating) GSTI Multimedia Networking (GIP | Quote | Chart | News | PowerRating)

Economic News

Richmond Fed President Says Short Term Rates Should Not Be Expected To Remain Constant (full story).

John Patrick Lee
johnl@tradingmarkets.com

Get your stock's PowerRatings here.


>> See more articles by John Patrick Lee
Stocks RSS Bookmark and Share
Related Articles
More Related Articles >>
PREMIER SPONSORED LINKS
TRADE CENTER
 
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.