The stock markets are trading lower at 1:15 pm EST. The Energy Department reported increase in crude stocks and gasoline inventories from last month. In economic news, factory orders in March jumped 4.2%, the biggest gain in 10 months and above estimate of 3.8%. One thing I have noticed that broker from Merrill Lynch has increased the stock allocation from 45% to 50%, this can be a bullish sign for stocks. Because this broker has a lot of influence on the market. Looks to see if the market follows his recommendations in the coming days.
Today's Stock Movers at 1:15 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(HBHC) 54.10 +1.57 +960
(CTSH) 67.65 +6.59 +483
(SWSI) 37.80 +4.24 +394
(CBG) 86.61 +2.16 +318
(TZOO) 39.40 +0.95 +289
Stocks Down:
(PDLI) 20.66 -6.93 +3,531
(PLT) 26.87 -9.77 +1,875
(NFP) 46.10 -6.05 +890
(MICC) 44.71 -2.69 +743
(CLZR) 20.69 -2.01 +724
Tags: stocks midday
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