Monday, July 10, 2006

Monday's Pre-Market

The market is expected to open higher today. But the pre-open indication is very unpredictable, it can be changed in a heart beat when market opens. This has been the case for last Friday. It was indicated to open 12 points higher on Nasdaq, instead it was opened down about 12 points. With the FED's policy is still unpredictable, I would not place my bets there yet.
The best gainer today is (SMCS). It beat the estimate very handily, but it has been a market lagger in the past for over a few months now, would it prevail?
The biggest losers for today are (ELMG) and (KRON). They both disappointed the street on earnings.

Upgrades This Morning:
(RSH)
(DTAS)
(CMOS)

Downgrades This Morning:
(MIK)
(DWRI)
(HORC)

Most Active Stocks:
(SPY), (QQQQ), (IWM), (EMC), (CNCT), (GLD), (HANS), (SMSC), (ADRX), (CHTT)

Stocks are Up:
(SMSC), (FL), (ALT), (GMXR), (BIOS), (NWK), (GNLB), (MTU), (CSH), (SPWR)

Stocks are Down:
(CNCT), (ELMG), (SGR), (KRON), (LTON), (EEEI), (GRRF), (SMDI), (CNET)

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