The market looks like it will open slightly higher today after yesterday's FOMC meeting sell-off. Fortunately the sell-off is relatively minor. I believe the biggest fear right now is the price of oil is more than the rate hike in the coming months. The Department of Energy will release its weekly inventory report at 10:30AM EST. With the price of oil futures closing over $66 per barrel yesterday, the data is likely to be an important factor to many traders. The markets also await tomorrow's final reading on Q4 GDP.
Upgrades This Morning:
(PDC)
(SKX)
(PVA)
Downgrades This Morning:
(SGXP)
(ISSX)
(BCP)
Most Active Stocks:
(SUNW), (LVLT), (NGEN), (GNBT), (LEA), (IDIX), (QQQQ), (SPY), (GOOG), (CIEN)
Stocks are Up:
(NGEN), (LEA), (WAVX), (BCON), (MHA), (FORD), (SHFL), (SRA)
Stocks are Down:
(ACN), (BEXP), (RHAT), (OVTI), (PAYX), (GM)
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