The market trades lower at 2pm EST. It initially traded up briefly in the morning before settled itself back in the afternnon. Yesterday's rally was a welcome sign for the bulls because it lacks the volume substance. In order to maintain the advance momentum, volume is one of the very important factors. The biggest loser today is (UPS), it missed earnings and guided lower. The cause for the fall short is known before the earning, the source of evil, price of "OIL". Unless this issue is solved, we will have hard time advancing.
It looks like we still have a high probability to hit 2000 on the Nasdaq before going back to 2100. In the mean time, keep your watch list and return buying when the time is right.
Stocks to watch after close:
(WGOV), (BIDU) before market opens Wednesday, (WBSN), (TRMB), (SIRF), (SUPX), (SCSS), (QLGC), (WIRE), (EZPW), (CYMI), (AMZN)
Today's Stock Movers at 3:30 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(KEYS) 43.20 +1.50 +451
(ALB) 50.14 +4.49 +414
(FLAG) 24.96 +1.16 +339
(AXE) 49.99 +3.39 +333
(T) 29.08 +1.30 +187
Stocks Down:
(UPS) 69.50 -10.50 +1,834
(WAB) 27.15 -5.30 +1,276
(NFLX) 18.95 -4.81 +1,134
(STN) 57.14 -2.76 +928
(LCAV) 41.96 -4.28 +833
Tags: stocks midday
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