Major indices trade fractionally higher as crude
continues to fall. Crude oil futures fall by 2% to $58.27.
Friday's
market action created a bullish Put/call signal on the S&P 500 Index
(explanations below). This signal marks a coming move upwards. It
will be interesting to see if we get more bullish signals this week (click
here for more info).
Stocks on the
Move
KB Home (KBH | news | PowerRating | PR Charts ) Reveals Stock Option Probe
Results, Retirement Of Chairman And CEO; Jeffrey Mezger Takes Over As New CEO (full
story). KBH shares rise by nearly 2%.
Sun Capital, Golden Gate Affiliates To Buy Eddie
Bauer Holdings (EBHI | news | PowerRating | PR Charts ) In About $614 Mln Cash Plus Debt Deal (full
story). EBHI shares rise by over 1%.
Tyson Foods (TSN | news | PowerRating | PR Charts ) Slips To Loss In Q4 On
One-time Charges, Lower Sales; Aims To Return To Profitability In Q1, Guides
F707 (full
story). TSN shares rise by 3.5%.
Merck (MRK | news | PowerRating | PR Charts ) Launches Advertising Campaign
For GARDASIL; Reveals Results Of Arthritis Study Program (full
story). MRK shares rise by 0.8%.
For more stories as they happen, go to our Breaking
News section.
Market Snapshot
|
Dow |
+37.70 |
12,146.13 |
|
NASDAQ |
+11.49 |
2,401.21 |
|
S&P 500
|
+4.82 |
1,385.71 |
|
|
NYSE |
NASDAQ |
|
Volume |
1,025,372,000 |
754,147,000 |
|
Advances |
1674 |
1627 |
|
Declines |
1431 |
1228 |
|
Up Volume |
542 |
491 |
|
Down Volume |
350 |
179 |
|
New Hi's |
203 |
140 |
|
New Lo's |
21 |
31 |
Strongest/Weakest Sectors
|
Strongest
Sectors |
Weakest
Sectors |
|
PHLX Semiconductor Index (SOX) |
Amex Gold Bugs Index Index (HUI) |
| Amex Airline Index (XAL) |
PHLX Gold and Silver Sector Index (XAU) |
| Computer Hardware
Index (HWI) |
PHLX Oil Services Sector Index (OSX) |
Economic
News
No economic reports released today.
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.
