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.
Major indexes swimming in red; Nasdaq taking heaviest losses (-1.25%) on disappointing earnings from Intel and Yahoo!
Yahoo (YHOO | Quote | Chart | News | PowerRating) traded down over 10% after company released earnings that missed expectations.
Intel (INTC | Quote | Chart | News | PowerRating) traded down over 11% after releasing lower than expected earnings.
IBM (IBM | Quote | Chart | News | PowerRating) exceeded earnings and posted profits that rose 13% in Q4. IBM is trading up 1%.
Southwest Airlines (LUV | Quote | Chart | News | PowerRating) Q4 Profit Rises On 20.1% Revenue Growth And Hedging, EPS Misses Estimates (full story).
El Paso (EP | Quote | Chart | News | PowerRating) Optimistic Of FY06; Projects EPS That Matches Estimates (full story).
Bank Of New York (BK | Quote | Chart | News | PowerRating) Q4 EPS Rises On Higher Revenues (full story).
JPMorgan (JPM | Quote | Chart | News | PowerRating) Q4 Profit Climbs 62% On Investment Banking Gains (full story).
Mellon Financial (MEL | Quote | Chart | News | PowerRating) Q4 EPS From Cont. Ops. Beats Consensus By A Penny; Rises 7% On Investment Management Fees (full story).
SunTrust (STI | Quote | Chart | News | PowerRating) Banks Q4 Profit Rises In Line With Street Views On 10% Rise In Net Interest Income (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
-62.20 |
10834.12 |
|
NASDAQ |
-29.49 |
2273.20 |
|
S&P 500 |
-8.21 |
1274.72 |
|
NYSE |
NASDAQ | |
|
Volume |
930,162,000 |
1,108,245,000 |
|
Advances |
1198 |
1114 |
|
Declines |
1936 |
1713 |
|
Up Volume |
270 |
253 |
|
Down Volume |
557 |
779 |
|
New Hi's |
76 |
76 |
|
New Lo's |
22 |
30 |
|
Strongest Sectors |
Weakest Sectors |
| Airline (XAL | Quote | Chart | News | PowerRating) | Combined Computer (IXCO | Quote | Chart | News | PowerRating) |
| Morgan Stanley Healthcare (HMO | Quote | Chart | News | PowerRating) | Computer Technology (XCI | Quote | Chart | News | PowerRating) |
| Nasdaq Combined Transport (TRANX | Quote | Chart | News | PowerRating) | Amex Gold Bugs (HUI | Quote | Chart | News | PowerRating) |
Consumer Prices Fall Unexpectedly On Lower Energy Prices (full story).
Mortgage Loan Application Volume Rises (full story).
John Patrick Lee
johnl@tradingmarkets.com