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 up fractionally; showing positive signs after yesterday's sell-offs.
Positive earnings from Pfizer and Merrill Lynch give investors reason to be happy; earnings fears and worries about Japan's sell-off are allayed momentarily.
Advanced Micro Devices (AMD | Quote | Chart | News | PowerRating) was up over 12% after reporting positive earnings and rising demand for tech chips.
Home Depot (HD | Quote | Chart | News | PowerRating) Targets 9% - 12% Annual Sales Growth Over Next 5 Years; Boosts Q4 Dividend By 50% (full story).
Pfizer (PFE | Quote | Chart | News | PowerRating) Q4 Profits Slip 3.3%, Yet Trumps Estimates; Revenues Drop 9% (full story).
Merrill Lynch's (MER | Quote | Chart | News | PowerRating) Q4 May Be Merry But Not Stellar (full story).
UnitedHealth (UNH | Quote | Chart | News | PowerRating) Q4 Earnings Rise On Top Line Growth, EPS, Excld. Costs, Beats Estimates; Lifts FY06 EPS Outlook (full story).
For more stories as they happen, go to our Breaking News section.
|
Dow |
+10.24 |
10865.10 |
|
NASDAQ |
+14.50 |
2294.14 |
|
S&P 500 |
+2.27 |
1280.20 |
|
NYSE |
NASDAQ | |
|
Volume |
944,444,000 |
974,730,000 |
|
Advances |
1916 |
1792 |
|
Declines |
1192 |
1031 |
|
Up Volume |
544 |
684 |
|
Down Volume |
290 |
216 |
|
New Hi's |
126 |
142 |
|
New Lo's |
25 |
16 |
|
Strongest Sectors |
Weakest Sectors |
| Semiconductor (SOX | Quote | Chart | News | PowerRating) | Morgan Stanley Healthcare (HMO | Quote | Chart | News | PowerRating) |
| GSTI Semiconductor (GSM | Quote | Chart | News | PowerRating) | Kbw Bank Index (BKX | Quote | Chart | News | PowerRating) |
| Oil Service (OSX | Quote | Chart | News | PowerRating) | S&P Bank (BIX | Quote | Chart | News | PowerRating) |
Jobless Claims Show An Unexpected Decrease (full story).
Housing Starts Show Notable Decline In December (full story).
Crude Oil Inventories Rise (full story).
John Patrick Lee
johnl@tradingmarkets.com