The market is expected to open higher today following yesterday's reversal. But the market has reversed slightly from the high of the day after the Trade Deficit announcement thismorning. The Trade Deficit rise in April because of surging oil prices. Also the mid-day update report from (TXN) yesterday gave a boost to the support of the market.
To see if the bottom has been seen, then we need support of the market with a good following day. Otherwise more downside is coming.
Upgrades This Morning:
(FLR)
(IRF)
(CAE)
Downgrades This Morning:
(BRCM)
(WFC)
(PARL)
Most Active Stocks:
(SPY), (QQQQ), (EWJ), (TTWO), (IWM), (BP), (GLD), (MOVI), (AAPL), (FNSR)
Stocks are Up:
(VOL), (GNLB), (QSII), (ESCL), (BSMD), (PRLS), (ILE), (SIMC), (FNSR), (TTM), (ACGY)
Stocks are Down:
(TTWO), (SHFL), (DSX), (CUP), (XLNX), (CSR), (AU), (NXTM), (TS), (GFI), (ASML), (NVS)
Tags: premarket, pre-market, stocks to watch
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