The market looks like it will open higher today. The bounce up this morning is probably due to the following factors: great reverse and closed up yesterday (1st attempt was successful); Q1 GDP was adjusted up to 5.3% vs. consensus 5.8% from previous 4.8%; initial claims fell 40K to 329K vs. consensus 318K. Look for continuation of market strength in the morning. Hopefully the market will close higher like yesterday. If this one is another success, this will bring more confidence to the market; otherwise every leg up is another sell-off opportunity for the traders.
Upgrades This Morning:
(URBN)
(HARB)
(BRCM)
Downgrades This Morning:
(FRGO)
(PFBC)
(KRO)
Most Active Stocks:
(QQQQ), (SPY), (EBAY), (SIRI), (YHOO), (GLD), (IWM), (GOOG), (MSFT), (ASML)
Stocks are Up:
(SGY), (ENCY), (BDCO), (OSIS), (JLG), (EBAY), (INSM), (EGHT), (ARTG), (SSRI)
Stocks are Down:
(CRWN), (BCSI), (NCTY), (SAFM), (JOYG), (AGT), (CWTR), (VG), (AVCI), (NTAP), (NVAX)
Tags: premarket, pre-market, stocks to watch
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