Tuesday, October 03, 2006

Dow Reaches All-Time High...next

The Dow hit its all-time high. But unless your portfolio has been overweight GM, PFE, T, etc., you probably shouldn't really care. It's always hard for me to convince people that what they hear on a daily basis on CNBC isn't always what they should be focusing on.

The big news today is the schmeissing of the commodity complex. Gold is down huge, and oil is below $59 now. That is causing the energy and material stocks to experience a fairly meaningful sell off.

The financials and retail sectors are higher, and tech is mixed.

Here are some stocks making standout moves on above-average volume:
  • WCC
  • KSS
  • ICE
  • MWRK
  • GLYT
  • WRLD
  • DGX
  • HLX
  • MRVL
  • PBG
  • COLM
  • NOV

0 Comments:

Post a Comment

<< Home