Quantcast
 
New book by Larry Connors Click here Improve your trading - See how



Interest Rates and Amazon Weigh On Stocks

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)




Major indexes close down to end the week; slide triggered by interest rate fears and poor Amazon earnings.

The jobs report showed a five-year low in unemployment, fueling more fears that interest rates will be raised again during Bernanke's first Fed meeting in March.

Crude oil futures closed higher today after the IAEA adjourned again, for the second straight day, without reaching a consensus on the Iran nuclear crisis.

Amazon (AMZN | Quote | Chart | News | PowerRating) traded down over 12% after missing earnings this morning.

Stocks On The Move

Ryder System (R | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Falls, EPS From Cont. Ops. Rises On 13% Top Line Growth, Guides Q1 And FY06 EPS (full story).

Wendy's (WEN | Quote | Chart | News | PowerRating) Power Rating Posts Positive Q4 EPS, Triples FY05 EPS; Dividend Rate Up 25% (full story).

Hitachi (HIT | Quote | Chart | News | PowerRating) Power Rating Q3 Net Income Drops 79%; Revenue Up; Reaffirms FY 05 Guidance (full story).

Moody's (MCO | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Rises, Beats Consensus On Top Line Growth (full story).

THQ (THQI | Quote | Chart | News | PowerRating) Power Rating Q3 Profit Slumps 24% As Consumers Wait For New Gaming Consoles (full story).

Maytag (MYG | Quote | Chart | News | PowerRating) Power Rating Posts Steeper Loss In Q4 On Charges And Costs, Despite 6.9% Rise In Home Appliances Sales (full story).

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

Dow

-59.00

10,792.98

NASDAQ

-19.06

2,262.51

S&P 500

-7.02

1,263.82

NYSE

NASDAQ

Volume

2,217,253,000

2,217,750,000

Advances

1277

1323

Declines

1982

1658

Up Volume

672

553

Down Volume

1272

1469

New Hi's

95

119

New Lo's

35

35

 

Strongest Sectors

Weakest Sectors

Oil Service (OSX | Quote | Chart | News | PowerRating) Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating)
Morgan Stanley Health Products (RXP | Quote | Chart | News | PowerRating) Gold and Silver (XAU | Quote | Chart | News | PowerRating)
Morgan Stanley Healthcare (HMO | Quote | Chart | News | PowerRating) GSTI Internet (GIN | Quote | Chart | News | PowerRating)

Economic News

January Employment Growth Falls Short Of Expectations (full story).

Factory Orders Rise Slightly More Than Expected (full story).

Service Sector Growth Slows More Than Anticipated (full story).

John Patrick Lee
johnl@tradingmarkets.com

To sign up for Gary Kaltbaum's training classes, along with other exciting TradingMarkets educational sessions, click 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.