Down Stocks
ACHN,Achillion Pharm Inc (Google Yahoo Earnings Chart)
CTS,Cts Corp (Google Yahoo Earnings Chart)
ELY,Callaway Golf Co (Google Yahoo Earnings Chart)
ENER,Energy Conversn Devices (Google Yahoo Earnings Chart)
ENPT,En Pointe Technologies (Google Yahoo Earnings Chart)
GOOG,Google (Google Yahoo Earnings Chart)
LVS,Las Vegas Sands (Google Yahoo Earnings Chart)
MA,MasterCard Inc (Google Yahoo Earnings Chart)
MNTA,Momenta Pharma (Google Yahoo Earnings Chart)
NFI,Novastar Financial Inc (Google Yahoo Earnings Chart)
NYX,NYSE Group Inc (Google Yahoo Earnings Chart)
OMTR,Omniture Inc (Google Yahoo Earnings Chart)
SIMG,Silicon Image Inc (Google Yahoo Earnings Chart)
SPC,Spectrum Brands Inc (Google Yahoo Earnings Chart)
WYNN,Wynn Resorts Ltd (Google Yahoo Earnings Chart)
ACHN,Achillion Pharm Inc, was down more than 50% on the news that the company and its partner Gilead Sciences Inc. decided to abandon their hepatitis C drug.
CTS,Cts Corp, was down more than 10% on the news that it lowered its 2006 adjusted earnings forecast on lower margins at one business and due the effect of incorrect accounting entries.
ELY,Callaway Golf Co, was down more than 10% after its earning release and a downgrade by A.G. Edwards analyst
ENER,Energy Conversion Devices, the rechargeable battery maker said second-quarter results missed Street estimates and will not be profitable by the end of fiscal 2007, stock stubled more than 10% on news.
ENPT,En Pointe Technologies,En Pointe Technologies, Inc. provides the information technology marketplace, including mid-market and enterprise accounts, government agencies, and educational institutions nationwide, with computer hardware, software, information security, and managed and professional services. Stock was down more than 10% on no news.
GOOG,Google Google has been struggling since its earnings release and on Friday continued its slide down with 9 dollar down move.
LVS,Las Vegas Sands, Las Vegas Sands the China gambling play has reversed since its latest earnings, which indicated the company acknowledged that much of the fourth-quarter benefit came from the table games for high rollers at The Venetian hotel-casino in Las Vegas.
MA,MasterCard Inc was down more than 11 dollar after its fourth-quarter profit topped Wall Street expectations, but it warned that margin growth may slow this year.
MNTA,Momenta Pharma the generic drug maker reversed direction Friday after surging in premarket trading on news that Sanofi-Aventis lost a patent case over its top selling blood-thinning drug Lovenox.
NFI,Novastar Financial Inc the sub prime lender stumbled and dropped to a new 52-week low as the problems in subprime mortgage lending got front page treatment.
NYX,NYSE Group Inc, has struggled since its earning and the stock was down 5 dollars after Goldman Sachs analyst Joshua R. Carter removed NYSE Group Inc., operator of the New York Stock Exchange, from his "Americas Buy List" on Friday on concerns related to its hybrid system, sending shares down in afternoon trading.
OMTR,Omniture Inc, a provider of online business software, fell more than 3 dollar on Friday's trading after the company posted a fourth-quarter loss on Thursday, and warned that full-year and first-quarter earnings could fall short of analysts' expectations.
SIMG,Silicon Image Inc shares dropped 24% in Friday trading after the chip maker posted a twofold increase in fourth-quarter income but forecast first-quarter sales below Wall Street estimates.
SPC,Spectrum Brands Inc, has struggled since earnings announcement and slid more than 10% second day Friday amid an analyst downgrade and a credit rating cut due to the battery and personal product maker's disappointing fiscal first-quarter performance.
WYNN,Wynn Resorts Ltd recorded the largest percentage loss on the Nasdaq 100 Friday.The stock slipped $7.10, or 6 percent, to end at $104.19.
10 comments:
tickersense > more bulls than bears, fwiw
Now it can be safely dubbed dumb money poll.
Yes, I wonder how many bears changed their minds because of all the bad publicity the poll has gotten recently.
Bunch of morons if you ask me.
Does Telechart only work with TradeStation?
Pradeep, what do you make of this:
With 362 S&P500 companies reporting Q4 earnings, year over year growth is now 9.3%.
Gosu
Telechart is independent program not related to Trade Station. Two different prgrams, two different functionalities.
Walter
Earnings are still good. Probably the market will correct and set itself up for next earning season or rally post next earning season. The corection has more to do with market being up since July with no pause.
How can you call this a correction so far? It is a short-term pullback at most from what we are currently seeing.
It all depends on trading time frames, kind of stocks one trades and what kind of returns one is looking for. The kind of stocks which I buy have a high probability of making sognificant returns, those kind of stocks have high beta, so a small % pullback in market may mean several times that in individual stocks. Many of them are down 10% plus in few sessions.
Oh, gotcha. Thanks for the clarificaiton.
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