The market has been down from the openning bell. Inflationary fears and oil price went back up contributed to the market decline. Technology stocks are on the defensive today. Oil related issues are up along with the price of oil which also went up. The market is in the correction mode after the strength from the previous two weeks.
Stocks Moving Up:
(BCRX), mentioned this morning as a breakout stock, is up $3, it is up $1.5 if you bought this morning.
(NGPS), up on no news, volumes has doubled.
(LIFC), continues from last Friday's gain.
(BRNC), continues from last Friday's gain.
Stocks Moving Down:
(MIDD), downgrade by Lehman Brothers.
(ACS), take over talk failed.
(MC), Japanese market down brought this down too.
Watch for earning report from (INTC), (YHOO), and (IBM) after close tonight. These are the gorrilla of technology stocks. The faith of the tech stocks can depend on them. It can be a very interesting after market tonight.
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