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TradingMarkets Mid-Day Movers

By Darren Wong | TradingMarkets.com
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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 | Quote | Chart | News | PowerRating) 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 | Quote | Chart | News | PowerRating) In About $614 Mln Cash Plus Debt Deal (full story).  EBHI shares rise by over 1%.

Tyson Foods (TSN | Quote | Chart | News | PowerRating) 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 | Quote | Chart | News | PowerRating) 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.

 


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