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Thursday, May 17, 2007 

Stocks on the move in the afternoon

See some stocks that are showing good and poor performance today :

Most actives : SUNW , INTEL , DELL , MSFT , LVLT

Gainers : RSY, DUSA , CSUN , GRB , ADS

Losers : DRL , GBR , OPNT , EFH

PETM - PETsMART reported a higher quarterly profit.

NAPS - Napster reported a wider quarterly loss of 20 cents a share, compared with a loss of 10 cents a share a year ago.

JCP - Penney Company reported quarterly earnings of $1.04 a share, up from 89 cents a year ago, and a penny higher than analysts expected.

Macro Economic news reported today :

- Initial Jobless Claims for last week fell to 293K versus estimates of 315K and 298K the prior week.
- Continuing Claims fell to 2473K versus estimates of 2518K and 2551K prior.
- Leading Indicators for April fell -.5% versus estimates of unch. and an upwardly revised .6% gain in March.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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