The market looks like it will open lower today. The Department of Labor released the Initial Claims at 8:30 AM EST this morning, it checked in at 302K, down from the prior week's upwardly revised 313K vs. the expected a reading of 305K. (ADBE) announced disappointed earning this morning. This stock may have some influence on the tech heavy Nasdaq market. One nice thing I saw yesterday was the market was able to shrug off the Microsoft (MSFT) delay of the OS news, and it came back strong at the close. The market is ready to be taken off again until something very bad to come out, I would expect more upsides to come.
Upgrades This Morning:
(MDR)
(MS)
(PFGC)
Downgrades This Morning:
(JNY)
(RGS)
Most Active Stocks:
(GNBT), (LVLT), (QQQQ), (GIGM), (YHOO), (SIRI), (ICBC), (GNTA), (AAPL), (NVAX)
Stocks are Up:
(GIGM), (XRTX), (GNBT), (LVLT), (SVI), (JBL), (KOP)
Stocks are Down:
(APT), (SCHL), (YRCW), (MOVI), (HEB), (ADBE), (BWNG), (NVAX)
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