The market is trading lower at 1:30pm EST, it opened lower and it has getting lower as the day passed. (GOOG) perhaps is the biggest contributor on the Nasdaq market. It has been mentioned very negatively on Barron over the weekend. The $400 price was proven to be a good exiting point back when it announed earning a few weeks ago. I would be cautious on the market right now until the sentiment changes.
Monday's Stock Movers at 2:00pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(BLK) 145.64 +14.13 +1,175
(CMED) 37.85 +4.36 +520
(WTI) 36.86 +1.22 +369
(ITRI) 50.83 +0.91 +354
(BER) 52.31 +3.52 +311
Stocks Down:
(NTE) 22.80 -1.47 +573
(MXRE) 25.15 -0.99 +566
(AXCA) 16.38 -0.63 +387
(BAM) 53.32 -1.68 +376
(VAL) 26.28 -0.93 +372
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