The stock markets are trading higher at 2:10pm EST. It has been a see-saw battle between the bear and bull all day long. February PPI fell by a larger-than-expected 1.4%. It was forecasted to have a 0.2% decline. It was the biggest drop in wholesale PPI in almost three years. However, core PPI (excludes food and energy), rose 0.3% worse than the estimate of 0.1%. Stocks fell initially at the open, but it recovered and push the break-even point. I believe the market is waiting for any kind of good news to march higher.
Today's Stock Movers at 2:10 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(NOIZ) 22.50 +1.40 +586
(BOT) 132.00 +9.05 +352
(KEX) 65.03 +2.29 +331
(ROP) 45.08 +0.73 +327
(LFC) 49.99 +2.99 +296
Stocks Down:
(KZL) 78.31 -1.12 +1,869
(FDG) 37.79 -2.60 +433
(PRGS) 29.12 -1.10 +417
(GLBC) 23.08 -1.18 +353
(BMET) 36.00 -0.93 +348
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