The market is trading higher at 2:10 pm EST. It reversed from the low of the day and went higher in the afternoon. Volume has picked up more than yesterday's volume. The market initially went down because of the weak retail sale. But after the interpretation of the data, traders think the fear of the inflation has slowed because of the weakness in retail sale. On top of it, (GS) reported better than expected earning.
As expected (ADAM) went down big today after earning. It is very unsafe to buy lately before the earning announcement.
Today's Stock Movers at 2:10 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(VTIV) 30.96 +1.83 +531
(DXPE) 27.88 +3.22 +362
(NEU) 38.45 +0.74 +155
(BLK) 137.08 +2.83 +89
(RATE) 39.75 +1.98 +79
Stocks Down:
(CMVT) 24.91 -4.24 +2,227
(LVS) 50.20 -1.05 +1,308
(MATR) 35.84 -1.29 +1,294
(MNI) 50.76 -0.79 +1,131
(COF) 82.17 -0.93 +318
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