Thursday, June 08, 2006

Thursday's Pre-Market

Blogger was down extensively yesterday. I was not able to do updates during the market was opened. Hopefully the blogger has solved its problems today and onward.

The market is expected to open lower today following yesterday's down reversal yesterday. The major concern is still with the fear of inflation which causes the FED to raise rate again. There is no positive reaction to the news that confirmation of terrorist leader Abu Musab al-Zarqawi's death which causes spike in oil prices below $70 per barrel. FED stops rate hike can only be the good news to the market. Hold off your cash and wait for opportunities to come.

Upgrades This Morning:
(BKH)
(APU)
(URS)

Downgrades This Morning:
(PRSP)
(PTR)
(SAM)

Most Active Stocks:
(SPY), (QQQQ), (LVLT), (FNSR), (EWJ), (NOK), (JOSB), (IWM), (BP), (ELN)

Stocks are Up:
(AAU), (GNBT), (ICOS), (IRF), (MDR), (NVLS), (PRGX), (PLAY), (PALM)

Stocks are Down:
(JOSB), (FNSR), (NSSC), (HANS), (MCZ), (AERTA), (GFI), (MOVI), (CNTY), (NUE)

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