The market looks like it will open lower today. Fed Chairman Bernanke's speech to the Economic Club of New York last night is the main talk on the street this morning. The rate hike next week fear still remains on traders' minds. Before the speech, there had been some false hope that he would take the second rate increase off the table, but he failed mention a bit on the meeting as being off the table. On a related issue, February PPI report is coming out at 8:30 ET. This will indication of inflationary pressure. Since I will busy the whole morning, so I can't really wait until the PPI number to come out.
Upgrades This Morning:
(MHS)
(RGR)
(HET)
Downgrades This Morning:
(CNH)
(MIK)
(CMVT)
Most Active Stocks:
(NVAX), (MSPD), (ORCL), (GNBT), (RMBS), (SIRI), (QQQQ), (SPY), (SHFL), (VOD)
Stocks are Up:
(MSPD), (NYNY), (HWAY), (SHFL), (TYL), (DRIV), (CBMX), (NTMD)
Stocks are Down:
(MOVI), (INTZ), (CNTF), (VASO), (NVAX), (VWPT), (ORCL)
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