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Sunday, July 01, 2007 

Stocks in focus Friday

Take a look at some stocks that are showing good and poor performance today:

Most actives : SUNW , AAPL, INTC , MSFT , CSCO , RIMM

Gainers : LOCM , BIW , CRYO , RIMM , CHTP

Losers : MMCE , PKTR , IOC , VRNM

Macro Economic news reported :

- Personal Income for May rose .4% versus estimates of a .6% gain and a -.2% decline in April.
- Personal Spending for May rose .5% versus estimates of a .7% increase and a .5% gain in April.
- The PCE Core (MoM) for May rose .1% versus estimates of a .1% gain and a .1% increase in April.
- The Chicago Purchasing Manager Index for June came in at 60.2 versus estimates of 58.0 and a reading of 61.7 in May.
- Construction Spending for May rose .9% versus estimates of a .1% gain and a .2% increase in April.

Buy / Sell Recommendations :

CPO - Corn Products downgraded at BB&T Capital from Buy to Hold. $48 price target.

BRCM -
Analysts at Pacific Growth Equities downgrade Broadcom from "buy" to "neutral".

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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