The market is trading mixed in the afternoon. It came off the bottom from this morning's drop. This trend still proves that the market is relatively strong. (SIGM), the stock mentioned yesterday, it dropped over $1 in the morning, it then recovered and onto the positive territory now. That is why to stick with the strong stock like (SIGM).
Stocks were higher early morning but turned down after the Chicago purchasing managers index slipped to 49.9% in November from 53.5% in October, the lowest since April 2003 and below forecasts of a rebound to 54.4%. Readings below 50 indicate contraction. It then turned back to positive in the afternoon. It good sign for the bulls.
Today's Stock Movers at 1:45 pm EST
Volume Momentum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(SNPS) 25.53 +2.29 +1,270
(DSW) 37.94 +4.23 +994
(VIP) 76.04 +3.03 +400
(SPI) 59.18 +0.77 +393
(ZUMZ) 30.88 +2.21 +282
Stocks Down:
(SCSS) 17.23 -3.76 +1,594
(BAY) 51.69 -0.62 +1,243
(ORH) 35.66 -1.01 +570
(ZOLT) 22.45 -1.79 +454
(BEBE) 20.01 -2.08 +312
Tags: stocks midday
No comments:
Post a Comment