Friday, May 12, 2006

Friday's Pre-Market

The market looks like it will open lower today because of the continuation from yesterday's heavy volume sell-off. Most of the stock market across the world trader lower following the US market. Perhaps the weekend is good for us tp take a break and digest the recent news, such as FED interest rate hike, higher commodity prices, such as oil and gold.
The biggest percentage loser for today is (THLD), it is down about 75% at the open. Ouch! The down turn is caused by the FDA partial suspension its drug trial. Theses biotech stocks are highly risky.

Upgrades This Morning:
(ESIO)
(LUM)
(MITSY)

Downgrades This Morning:
(ARXX)
(VXGN)
(DIIB)

Most Active Stocks:
(QQQQ), (THLD), (JDSU), (SPY), (GLD), (LOUD), (EXPE), (IWM), (NT), (NVDA)

Stocks are Up:
(AOB), (LOUD), (GNBT), (CUP), (EZM), (AVNX), (ADI), (MOVI), (GM), (PEIX)

Stocks are Down:
(THLD), (EXPE), (TASR), (SGG), (ATML), (HANS), (DROOY), (NVDA)

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