Wednesday, May 03, 2006

Wednesday's Pre-Market

The market looks like it will open mixed today. It is a very strange market. The tech Nasdaq is trying to catch up with the overall market like DOW and S&P500. Both Dow and S&P500 made new highs recently, but Nasdaq just fail to do so. Is this the market divergence? Or does the markte signal top is near or Nasdaq will catch up with the DOW? We will find out in the coming days. (GRMN) is the star of the day. Earning has been great for this GPS product company. Keep your eye on this one. Another worry in the inflation front besides oil is gold price. It is at 25 years old high right now. Demand has been hot from China and India. Inflation worry can be the next topic when earning season is over.

Upgrades This Morning:
(CMVT)
(SGTL)
(TBL)

Downgrades This Morning:
(NTMD)
(AMCS)
(CWT)

Most Active Stocks:
(QQQQ), (EAG), (SUPG), (QCOM), (PDLI), (GLD), (MSFT), (PWAV), (GRMN), (CSCO)

Stocks are Up:
(EAG), (ADIC), (PWAV), (GRMN), (MDRX), (MVSN), (CTSH)

Stocks are Down:
(NPSP), (PLT), (PDLI), (GNSS), (BOL), (ADBE), (DANKY)
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