TradingMarkets just released a proprietary stock rating method called PowerRatings. This method ranks stocks 1-10 and the higher the rating, the greater the one-week historical gain has been.
PowerRatings were created by Cesar Alvarez, Director of Research for Connors Capital, LLC. Cesar looked back at more than 5.5 million trades between Jan 1, 1995 and Dec 1, 2005. The results are based on the average 5-day performance.
To find out more about PowerRatings click here.
Markets trading fractionally higher; investors concerned over profit warning from Tyco, formal probe on IBM and lower revenues from Lucent.
Crude is trading down over half a percent; President Bush holds joint press conference to discuss Iran's nuclear program.
The SEC launches a formal probe, investigating IBM's earnings reports and expenses for stock options. IBM is down almost 1%.
Learning Tree (LTRE | Quote | Chart | News | PowerRating) Posts Breakeven Per Share For Q4; Revenues Decline 2% (full story).
GM (GE | Quote | Chart | News | PowerRating) Takes The Road To North American Recovery (full story).
Tyco (TYC | Quote | Chart | News | PowerRating) To Split Into Three Companies; Cuts Q1 Outlook (full story).
Lucent (LU | Quote | Chart | News | PowerRating) Cuts FY06 Revenue Forecast On Lower Sales In U.S. And China; Names Frank D'Amelio As COO (full story).
Pfizer (PFE | Quote | Chart | News | PowerRating) To Acquire Worldwide Rights Of Diabetes Insulin Exubera From Sanofi-Aventis For $1.3 Bln (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
+5.84 |
10,968.20 |
|
NASDAQ |
+2.20 |
2,318.89 |
|
S&P 500 |
+1.95 |
1,288.01 |
|
NYSE |
NASDAQ | |
|
Volume |
968,020,000 |
735,644,000 |
|
Advances |
1670 |
1416 |
|
Declines |
1408 |
1340 |
|
Up Volume |
357 |
400 |
|
Down Volume |
497 |
259 |
|
New Hi's |
96 |
86 |
|
New Lo's |
14 |
16 |
|
Strongest Sectors |
Weakest Sectors |
| Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) | Morgan Stanley Healthcare (HMO | Quote | Chart | News | PowerRating) |
| Gold and Silver (XAU | Quote | Chart | News | PowerRating) | Airline (XAL | Quote | Chart | News | PowerRating) |
| Morg Stanley Hlth Provider (RXH | Quote | Chart | News | PowerRating) | Dow Jones Equity REIT (DJR | Quote | Chart | News | PowerRating) |
December Retail Sales Rise On Higher Auto Sales (full story).
Producer Prices Rise Much More Than Expected (full story).
John Patrick Lee
johnl@tradingmarkets.com