Tuesday, January 30, 2007

Tuesday Stocks To Watch

The market fluctuates throughout the day. It is currently up slightly. More dramatically upside or downside being produced in the past few sessions. Good news are: FED is holding off interest rate hikes; consumers are more confident now than before. Bad news: price of oil is inching back up from low of $50 to current $55 in a few days; uncertainty to global events (IRAN).

There are not much catalyst for the market to move either direction right now until FED has announced Wednesday afternoon and earning from Google (GOOG).

I see the following happening: more advancers than decliners today, more new hies than new lows; more up volumes than down volumes. The market is sided with the bulls right now.

Advancers:
(OMPI) - new break-thru creams announced by the company.
(ALGN) - good guidance forward.
(IXYS) - good guidance forward as well.

Decliners - do not want to mention them

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