The market is trading flat today. The DOW is attempting to break the old all-time high record, but it came back down from its high. Out of all exchanges, Nasdaq is the weakest of all. Does this spell out trouble for small caps? Big cap is the safe heaven now?
Durable goods announced this morning is pointing to the slowing down of the economy. But this number is before the price oil is at all time high. Could we have a better X'mas this time because oil came down from the $70 level? From the trading patterns of the recent days, looks like the traders are betting on the big caps rather than small caps for now. Stay tune.
Today's Stock Movers at 2:25 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(RSTI) 59.82 +1.26 +347
(FMD) 68.65 +2.65 +335
(ASMI) 18.50 +0.93 +253
(RG) 54.23 +0.69 +222
(MCD) 39.87 +0.81 +162
Stocks Down:
(RHAT) 20.19 -6.13 +1,770
(MDCC) 18.07 -3.77 +644
(FSTR) 16.00 -0.50 +290
(PAYX) 36.42 -0.66 +257
(ITB) 37.86 -1.06 +254
Tags: stocks midday
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