What is the magic word for the good market? "Inflation under control" by Federal Reserve Chairman Ben Bernanke. At about 3:15 pm EST, the market is trading much higher. The gains are contributed by almost all sectors and across all indexes.
This is the excuse for the bulls to step in and support the market. It is time to get back and start your buying now. Volumes have been strong across all exchanges as well.
The only weakness is (YHOO) because its earning and growth problem. Otherwise it is all good.
Today's Stock Movers at 3:15 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(CACB) 34.20 +1.22 +272
(WAL) 35.90 +2.63 +229
(RMD) 46.57 +2.56 +166
(WST) 35.21 +2.33 +164
(LUFK) 60.28 +4.84 +124
Stocks Down:
(YHOO) 25.18 -7.06 +998
(ICUI) 41.10 -0.95 +458
(CIT) 47.95 -3.45 +429
(SAH) 20.82 -0.64 +393
(BGG) 27.26 -1.33 +343
Tags: stocks midday
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