The market looks like it will open higher today due to continuation from yesterday's strong close. This morning's initial claims rose 4K to 277K and were below the 285K consensus, hinting labor conditions remain strong. Inflation is still a concern. It is a double edge sword. Strong labor market points inflation, but week labor market means bad economy. It is a matter of how economists interpretating the data. (VTSS) and (AXYS) are favorible mentions on Cramer's show. But these companies are still losing money, I would not hop in just yet because of the high percentage jump in the morning.
Most Active Stocks:
(VTSS), (XMSR), (CTDC), (QQQQ), (AMKR), (SIRI), (RIMM), (AKAM), (ASML), (MATK)
Stocks are Up:
(AMKR), (ARRS), (VTSS), (MATK), (AKAM), (AXYS), (ACLS), (SNIC), (BIDU)
Stocks are Down:
(ERES), (LPTH), (DRRA), (GNTA)
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