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 on see-saw; investors torn between
recent positive corporate earnings and unexpected drop in oil inventories.
Crude oil futures were trading down this morning,
despite an unexpected decline in inventories; warm weather forecasts for the
Northeast helped to bring oil prices lower.
Gold futures were trading up this morning, buoyed by
the Dollar's struggle against the Euro and a broad metals advance.
Guidant (GDT | news | PowerRating | PR Charts )
agrees to Boston Scientific's (BSX | news | PowerRating | PR Charts ) bid
to buy the company at $27 billion. GDT's
(PowerRating).
BSX's
(PowerRating).
Stocks On The
Move
Ameritrade (AMTD | news | PowerRating | PR Charts )
Q1 Adj. EPS Inline With Consensus; Closes Acquisition Of TD Waterhouse (full
story).
Xerox (XRX | news | PowerRating | PR Charts ) Q4
Earnings Up 18%; Revenues Hurt By Stronger Dollar; Announces $500 Mln. Buyback (full
story).
Hershey (HSY | news | PowerRating | PR Charts )
Q4 Profit Rises On Organic Sales Growth; Reaffirms FY06 Outlook (full
story).
WellPoint (WLP | news | PowerRating | PR Charts )
Q4 Profit Soars On Higher Sales, Membership Enrolments; Raises FY06 EPS Target (full
story).
For more stories as they happen, go to our Breaking
News section.
|
Dow |
+8.24 |
10720.46 |
|
NASDAQ |
-2.68 |
2262.57 |
|
S&P 500
|
-1.44 |
1265.42 |
|
|
NYSE |
NASDAQ |
|
Volume |
1,086,248,000 |
1,028,717,000 |
|
Advances |
1784 |
1445 |
|
Declines |
1335 |
1396 |
|
Up Volume |
509 |
483 |
|
Down Volume |
445 |
450 |
|
New Hi's |
204 |
165 |
|
New Lo's |
32 |
22 |
Economic
News
Existing Home Sales Fall Much More Than
Expected (full
story).
Crude Oil Inventories Fall, Gasoline
Inventories Rise (full
story).
John Patrick Lee
johnl@tradingmarkets.com
Get your stock's
PowerRatings
here.
