Wednesday, June 07, 2006

Wednesday's Pre-Market

The market is expected to open slightly higher today. With yesterday's strength at the close could bring further buying today. The hope is to see high volume with 1-2% or more to the upside, then the near short bottom is made. Otherwise, the struggle between bull and bear will continue as in the past few weeks.
The biggest causalty for the day is (ALOG). It missed earning by a big margin. It reported earnings of $0.18 per share, $0.23 worse than the consensus of $0.41.

Upgrades This Morning:
(CNQ)
(BBA)
(BVN)

Downgrades This Morning:
(RBC)
(KDN)
(IEX)

Most Active Stocks:
(PPHM), (QQQQ), (SPY), (ARTX), (CUP), (GLD), (GOOG), (AUY), (HOM), (AZN)

Stocks are Up:
(FMDAY), (PRGX), (MATK), (PPHM), (IDWK), (CUP), (DNDN), (ARTX), (MOVI), (HOM), (CHTR)

Stocks are Down:
(PGWC), (DSCO), (ALOG), (GLG), (COO), (AUO), (HRLY), (HMY), (TKC), (BGO), (AU), (SLV)

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