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Markets trade flat through the morning session. Crude oil futures trade lower by 3% to $58.80.
Friday's market action gave a bullish put/call signal on the S&P 500 Index (explanations below). It will be interesting to see if we get more bearish signals today and through the week (click here for more info).
Verizon (VZ | Quote | Chart | News | PowerRating) Q3 Profit Rises On Strong Wireless Revenue Growth (full story). VZ shares drop by 4%.
Humana (HUM | Quote | Chart | News | PowerRating) Q3 Profit More Than Triples On 48% Revenue Growth; Adj. EPS Misses Consensus; Guides Q4, FY07, Backs FY06 View (full story). HUM shares drop by 6%.
Clear Channel (CCU | Quote | Chart | News | PowerRating) Q3 Profit Down 9.5%; Revenue Up 7% (full story). CCU shares trade fractionally higher.
Bear Stearns & Co. Raises Biogen Idec Inc. (BIIB | Quote | Chart | News | PowerRating) To Peer Perform From Underperform. BIIB shares trade fractionally higher.
Bear Stearns & Co. Raises Carpenter Technology (CRS | Quote | Chart | News | PowerRating)To Outperform From Peer Perform With $135 Price Target. CRS shares trade higher by nearly 3%.
For more stories as they happen, go to our Breaking News section.
|
Dow |
-3.84 |
12,086.42 |
|
NASDAQ |
+7.28 |
2,357.90 |
|
S&P 500 |
+0.25 | 1,377.59 |
|
NYSE |
NASDAQ | |
|
Volume |
975,884,000 |
799,074,000 |
|
Advances |
1559 |
1415 |
|
Declines |
1563 |
1453 |
|
Up Volume |
395 |
500 |
|
Down Volume |
479 |
232 |
|
New Hi's |
101 |
67 |
|
New Lo's |
13 |
27 |
|
Strongest Sectors |
Weakest Sectors |
|
Amex Gold Bugs Index (HUI) |
Morgan Stanley Healthcare Providers Index (RXH) |
| Amex Disk Drive Index (DDX) | Morgan Stanley Healthcare Payors Index (HMO) |
| PHLX Gold and Silver Sector (XAU) | Amex Natural Gas Index (XNG) |
Personal Income & Spending - Personal Income Rises 0.5%; Spending Rises 0.1% (Sept.)
Darren Wong
darrenw@tradingmarkets.com
Use our most popular trading tool to find out how your stocks will move in the next 5 days.
Put/Call Ratio Alert-Put/Call ratio readings below .50 are short-term bearish for the market, especially when its below its 200 day ma. Put/Call ratio readings above .90 are usually bullish, especially when the market is trading above its 200 day ma.
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