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Reply #15: 10:37 EST numbers and blather [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-04 09:39 AM
Response to Original message
15. 10:37 EST numbers and blather
Dow 10,176.94 -4.80 (-0.05%)
Nasdaq 1,855.38 -5.34 (-0.29%)
S&P 500 1,104.61 -0.35 (-0.03%)

10-Yr Bond 4.256% -0.005

10:30AM: The early action bears some resemblance to what transpired yesterday in the early-going, which is to say the indices are little changed as conviction on the part of buyers and sellers is lacking... The Nasdaq has been tipped into negative territory by pockets of weakness in the technology sector that include the closely- followed semiconductor stocks... Although Barron's Online carried a report this morning that money managers are buying chip stocks on their recent weakness, analyst commentary on the sector's prospects continues to skew to the cautious side of things...

This morning, Banc of America Securities cut its earnings estimates and price targets for Intel (INTC 21.75, -0.20), Broadcom (BRCM 29.30, -0.51) Micron (MU 11.76, -0.27) and Texas Instruments (TXN 20.00, -0.03), adding that it believes the cyclical peak in semis has prematurely come and gone.... On a related note, leading chip equipment maker Novellus Systems (NVLS 24.88, -0.26) will be holding its mid-quarter update after the close... NYSE Adv/Dec 1330/1429, Nasdaq Adv/Dec 1027/1418

9:55AM: The opening retreat didn't gain much traction as the indices were able to fight their way back quickly to unchanged territory... Credit the continued slide in oil prices for being a source of support, as well as a lack of any disconcerting headlines to disrupt the bullish bias that has prevailed of late... As to be expected, airlines, which certainly enjoy the sight of falling oil prices, comprise a leadership group this morning... Overall, there isn't much concerted leadership on either side of the aisle, which helps explain the market's mixed and relatively flat standing at the moment...


So, I guess we are looking for an "up" day?

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  -STOCK MARKET WATCH, Thursday 26 August ozymandius  Aug-26-04 06:49 AM   #0 
  - daily dollar watch  UpInArms   Aug-26-04 07:29 AM   #1 
  - initial claims numbers  UpInArms   Aug-26-04 07:32 AM   #2 
  - interesting note on the Economic Calendar page  UpInArms   Aug-26-04 07:47 AM   #3 
     - Looks like that should be revised from 331K, from last weeks post -  54anickel   Aug-26-04 07:53 AM   #4 
  - U.S. JULY HELP WANTED INDEX FALLS TO 37 VS. 38  UpInArms   Aug-26-04 09:09 AM   #13 
  - pre-opening blather  UpInArms   Aug-26-04 08:18 AM   #5 
  - Oil falls to $40 (huh?)  UpInArms   Aug-26-04 08:34 AM   #6 
  - Ha, notice is says "briefly". Earlier this AM it was reported up. I'm  54anickel   Aug-26-04 08:52 AM   #8 
  - Meanwhile - Eight oil pipelines sabotaged in southern Iraq  54anickel   Aug-26-04 09:11 AM   #14 
  - 9:34 EST markets are open  UpInArms   Aug-26-04 08:36 AM   #7 
  - 9:51 EST numbers and blather (getting so much better!)  UpInArms   Aug-26-04 08:53 AM   #9 
  - Firms outpace consumers as growth engine  54anickel   Aug-26-04 08:57 AM   #10 
  - Is the Retail Rebound Over?  54anickel   Aug-26-04 09:02 AM   #11 
  - Retail results for August expected to be 'very messy'  54anickel   Aug-26-04 09:05 AM   #12 
  - 10:37 EST numbers and blather  UpInArms   Aug-26-04 09:39 AM   #15 
  - Looking for another up day just like yesterday? Eww, then we'll have  54anickel   Aug-26-04 09:48 AM   #16 
  - Greenspan says banks can prevent illegal tying  UpInArms   Aug-26-04 09:50 AM   #17 
  - Actually, He's Right!  ProfessorGAC   Aug-26-04 02:27 PM   #42 
  - Field Poll: Californians liking economy  UpInArms   Aug-26-04 09:53 AM   #18 
  - Clapping......  54anickel   Aug-26-04 09:59 AM   #20 
  - As Economy Wobbles, Fed Walks Tightrope  54anickel   Aug-26-04 09:55 AM   #19 
  - Changes blow through bond holdings  54anickel   Aug-26-04 10:13 AM   #21 
  - China's economy 'still at risk'  54anickel   Aug-26-04 10:17 AM   #22 
  - German Business Confidence Falls on Oil Cost Concern  54anickel   Aug-26-04 10:18 AM   #23 
  - Market WrapUp by Mike Hartman 08.25.2004  54anickel   Aug-26-04 10:25 AM   #24 
  - So all the numbers look 'good'???  loudsue   Aug-26-04 10:30 AM   #25 
  - Angels of Deception, Part 2  54anickel   Aug-26-04 10:42 AM   #26 
  - Some Buyers Go for Gold as Oil Rises  54anickel   Aug-26-04 10:46 AM   #27 
  - The End of an Era  54anickel   Aug-26-04 10:54 AM   #28 
  - Houston, we have a Yukos problem  54anickel   Aug-26-04 10:57 AM   #29 
  - 12:03 EST numbers and (dated) blather  UpInArms   Aug-26-04 11:05 AM   #30 
  - FASBs Ineptness Exposed  54anickel   Aug-26-04 11:15 AM   #31 
  - Neo-Cons Rethink Iraqi Fiasco (linked at 321gold)  54anickel   Aug-26-04 11:25 AM   #32 
  - How Long Will Foreign Central Banks Keep Financing Our Treasury Deficit?  54anickel   Aug-26-04 11:29 AM   #33 
  - 12:36 numbers and blather  UpInArms   Aug-26-04 11:37 AM   #34 
  - Investors sue Citigroup over Enron-linked securities  54anickel   Aug-26-04 11:41 AM   #35 
  - Poverty spreads  54anickel   Aug-26-04 11:53 AM   #36 
  - I can hardly wait  UpInArms   Aug-26-04 12:01 PM   #37 
  - 2:09 Yawn  54anickel   Aug-26-04 01:11 PM   #38 
  - 3:02 update Sort of an...Eyore kinda day  54anickel   Aug-26-04 02:05 PM   #39 
  - Boeing in $7.5 bn deal with SIA  54anickel   Aug-26-04 02:24 PM   #40 
  - Nigeria hits Shell with 840m compensation claim  54anickel   Aug-26-04 02:26 PM   #41 
  - Oiling the Wheels of Inflation  54anickel   Aug-26-04 02:33 PM   #43 
  - Closing numbers, in case anyone's interested  54anickel   Aug-26-04 03:13 PM   #44 
     - -8.33.....Kind of a 'ho-hum' day on the street....  loudsue   Aug-26-04 03:42 PM   #45 
 

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