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Markets Rally Fizzles

By John Patrick Lee | TradingMarkets.com | January 23, 2006
Symbols: RIMM, F, NKE








TradingMarkets just released a
proprietary stock rating method called
href="http://www.tradingmarkets.com/.site/powerratings">color=#ff0000>Powercolor=#ff0000>Ratings. This method
ranks stocks 1-10 and the higher the rating, the greater the one-week historical
gain has been.


href="http://www.tradingmarkets.com/.site/powerratings">color=#ff0000>Powercolor=#ff0000>Ratings 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 style="TEXT-DECORATION: none"
href="http://www.tradingmarkets.com/.site/powerratings">color=#ff0000>P
owercolor=#ff0000>Ratings
href="http://www.tradingmarkets.com/.site/stocks/commentary/lftw/12132005-47902.cfm">click
here
.





Major indexes close the day up fractionally;
Friday's sell off failed to carry over into the new week, as investors responded
positively to earnings from Ford. 



Crude futures closed down fractionally despite
continuing tensions in oil-producing countries Iran and Nigeria.


Gold prices rose almost $5 today as the dollar
continues to show weakness against the Euro.


US Supreme Court denied
Research in Motion's
( RIMM | Quote | Chart | News | PowerRating) appeal in a patent dispute with NTP
Inc.  The decision, which could force RIMM to pull their BlackBerry
products off the shelves, led to RIMM closing down 3.5% for the day. 
RIMM's

(PowerRating).


Ford ( F | Quote | Chart | News | PowerRating) beat
expectations and announced restructuring plans; F closed up 5% on the news. 
F's

(PowerRating).


Nike ( NKE | Quote | Chart | News | PowerRating)
stock price fell as much as 3.2% after CEO William Perez resigns, citing
conflicts with chairman and co-founder Philip Knight.  NKE's

(PowerRating).


href="http://www.tradingmarkets.com/.site/news/Stock%20Alert/">Stocks On The
Move


Bank Of America ( BAC | Quote | Chart | News | PowerRating)
Q4 EPS Edges Down, Misses Consensus On Higher Provision Expense And Lower
Trading Results (full
story
).


NIKE ( NKE | Quote | Chart | News | PowerRating) CEO
Resigns Over Differences Regarding Leadership; Names Mark Parker As CEO (full
story
).


Ford ( F | Quote | Chart | News | PowerRating) To Idle
14 Facilities, Cut 25,000 To 30,000 Jobs By 2012 (full
story
).


Polo Ralph ( RL | Quote | Chart | News | PowerRating)
To Buy Back Polo Jeans From Jones Apparel For $355 Mln; Settles Outstanding
Litigation (full
story
).


Sports Authority ( TSA | Quote | Chart | News | PowerRating)
Agrees To Be Acquired For $1.3 Bln By Leonard Green & Partners Led Group (full
story
).


Pilgrim's Pride ( PPC | Quote | Chart | News | PowerRating)
Q1 Profit Plummets 88.72% On Lower Price Realizations And Weaker Sales (full
story
).


Grocer Albertson's
( ABS | Quote | Chart | News | PowerRating) Sells Itself To A Consortium For $17.4 Bln (full
story
).


For more stories as they happen, go to our href="http://www.tradingmarkets.com/.site/news/Breaking%20News/">Breaking
News
section.


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style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=14>

Dow

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=14>

+21.38

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=14>

10688.77

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

NASDAQ

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

+0.77

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

2248.47

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

S&P 500

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

+2.34

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

1263.83

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

size=2>NYSE

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

size=2>NASDAQ

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=14>

Volume

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=14>

2,215,227,000

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=14>

1,901,534,000

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

Advances

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

2049

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

1613

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

Declines

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

1234

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

1399

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

Up Volume

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

1216

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

751

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

Down Volume

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

778

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

751

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

New Hi's

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

151

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

117

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
width="26%" height=16>

New Lo's

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="41%" height=16>

34

style="FONT-SIZE: 79%; LINE-HEIGHT: 1.25em; FONT-FAMILY: arial,helvetica,sans-serif"
align=middle width="48%" height=16>

38


 


cellPadding=0 width="60%" border=1>













Strongest
Sectors


Weakest
Sectors

Oil Service Sector ( OSX | Quote | Chart | News | PowerRating) Combined Telecom Index ( IXTCX | Quote | Chart | News | PowerRating)
Airline Index ( XAL | Quote | Chart | News | PowerRating) Morgan Stanley Healthcare ( HMO | Quote | Chart | News | PowerRating)
Securities Broker Deal ( XBD | Quote | Chart | News | PowerRating) S&P Retail ( RLX | Quote | Chart | News | PowerRating)
Helvetica>

href="http://www.tradingmarkets.com/.site/news/Economic%20News/">Economic
News



US Dec. Index Of Leading
Economic Indicators Increases 0.1%


Helvetica>

John Patrick Lee


johnl@tradingmarkets.com


face=Arial color=#000000 size=2>

Get your stock's
Pcolor=#0000ff>owerRatings
here
.

Original publication: January 23, 2006