Friday, December 7, 2007

Top Movers Today

Price | Mkt Cap | Vol | $Vol | Popularity

Top movers Gainers Change Mkt Cap
LDK Solar Co., Ltd. LDK 13.19% 4.78B
Solarfun Power Hldgs C... SOLF 12.85% 1.24B
Sirona Dental Systems,... SIRO 12.58% 1.67B
DynCorp International ... DCP 10.90% 1.36B
JA Solar Hldgs Co., Lt... JASO 10.36% 2.93B

Losers Change Mkt Cap
Macrovision Corporatio... MVSN -21.35% 1.10B
Gemstar-TV Guide Intl,... GMST -16.56% 2.14B
FormFactor, Inc. FORM -12.79% 1.65B
StatoilHydro ASA (ADR) STO -11.56% 64.77B
SAVVIS, Inc. SVVS -10.31% 1.34B


Excludes stocks with mkt cap less than $1B. See FAQ


Sector summary

Basic Materials +0.58% Capital Goods +0.35% Diversified +0.30%

Cons. Cyclical +0.05% Cons. Non-Cyclical -0.24% Energy -0.75%

Financial -0.45% Healthcare +0.27% Services -0.24%

Technology +0.05% Transportation +1.17% Utilities +0.13%





Basically as I said this morning the rally is tired and need a new infusion of news. Very little volatility in the market, every time the bears tried to see the market someone was in there buying. Goldman came out with a very bearish call, basically saying we are already in a consumer lead recession and downgraded all the credit cards, AXP and the like got whacked. The Fed is the last hope for Santa rally to year end, lets see what we get. We need 50 basis points or 25 and 50 at discount window and a dovish tone in testimony or start shorting.

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About Me: Disclaimer

$BPCOMP

$BPCOMP
Extremely Oversold

Regarding Chart: BPCOMQ

This is the lowest close seen in years, usually a sharp and violent rally follows these moves enhanced by short covering, this is no time to short and start making a shopping list.

Bear-ly Hangin" In dustrials

Bear-ly Hangin" In dustrials
Dow Graph: 11/20/07
The Dow looks like its fighting for its life here at the level. It's no surprise there was a vicious bounce off the trend line as shown in the chart. Unfortunately, the last time we had that five hundred point reversal day was caused by the Fed stepping in, there has to be a similar event that helps the market or there is more pain ahead. The Fed minutes said nothing the market really liked, we sold off hard and bounced back hard as we hit support. This was just a reflex rally we may have to get one more really painful selloff to get around 12500.