Wednesday, May 10, 2006

Wednesday's Pre-Market

The market looks like it will open lower today because of the disappointing sale forecast from Cisco (CSCO). Like (DELL) of a few days ago and Microsoft (MSFT) and Intel (INTC) a few weeks ago, the big cap tech stocks are having problem with growth. They are just getting too big to be quick and nimble.
I believe these are not the types of stocks you are looking for, look for new leaders to emerge on a daily basis. Hopefully this blog will help you look for them.
Today's big event is the FOMC meeting result to be announced at about 2:30pm EST. Look for the tone of the meeting for future inflation problem ahead.
Today's big winner is (BIDU), big losers are (MFLX) and (SFCC)

Upgrades This Morning:
(MRVL)
(DIOD)
(AMV)

Downgrades This Morning:
(AUDC)
(GOLD)
(BLKB)

Most Active Stocks:
(CSCO), (TEVA), (GLD), (EZM), (BIDU), (QQQQ), (SYMC), (LU), (TMTA), (SNDK)

Stocks are Up:
(BIDU), (IMMU), (BBC), (ZP), (CRYP), (LOUD), (BECN), (CAAS), (SOLD)

Stocks are Down:
(TMTA), (SFCC), (ECPG), (MFLX), (WEL), (NUAN), (ESCL), (TEVA), (EZM)

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