Thursday, July 06, 2006

Stocks are Marching Higher

Despited market weakness yesterday and oil price is closed to all time higher (almost $75 per barrel), the market is trading higher this morning. The traders are expecting the FED to stop the rate hike for the coming meetings. But anything can change if the strong data is coming out tomorrow morning. Then again, with the past market actions, it looks like those prediction is priced into the market.

Stocks on the move today:
Up:
(PNTR)
(TZOO)
(AYI)
(BRLI)
(PRXL)

Down:
(OPWV)
(DTAS)
(NTCT)
(ALDN)
(CTRN)
(MFLX)
(LBIX)
(MRGE)

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