At about 2:00 pm EST, the market is trading off the low of the day, but it is still off about 1.5% on the Nasdaq and almost 1% on other indexes. The good news are:
1) lack of volume as compared to last week's up days.
2) Most of the leading stocks are off a small percentage
Hopfully, tomorrow and Friday will give us more clear indication on which direction the market is heading. Friday is the big announcement from the US government regarding the labor market (unemployment rate and labor cost).
Today's Stock Movers at 2:00 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(NBL) 48.71 +0.98 +119
(HELX) 40.58 +0.70 +96
(BPT) 82.74 +1.18 +61
(TZOO) 32.76 +2.31 +56
(AP) 31.42 +2.17 +48
Stocks Down:
(EWQ) 29.55 -0.68 +419
(WPPGY) 59.49 -1.41 +382
(MT) 28.17 -1.72 +337
(IYT) 88.33 -1.19 +301
(BAY) 45.47 -1.06 +239
Tags: stocks midday
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