Reply #38: blather [View All]

[UpInArms]

(edited to just the 10:00 blather)

Hiya Ozy! :hi:

10:00 am : Major indices are off their early highs but 8 out of 10 economic sectors still trade in positive territory. Pacing the way higher has been Technology, as AMD's strong Q4 earnings and improved margins alongside several analyst upgrades within the semiconductor space have lit a fire under chip stocks. Consumer Discretionary has also shown relative strength, benefiting from a 50% dividend increase from Home Depot (HD 41.95 +0.26) and upgrades in the retail group (i.e. EBAY, BBY and SKS). Energy, however, has recently slipped below the flat line as crude oil futures continue to weaken heading into weekly inventories data (10:30 ET) while the Industrials sector has joined oil stocks to the downside amid weakness in conglomerates and aerospace.DJ30 +11.83 NASDAQ +11.04 SOX +2.7% SP500 +2.17 NASDAQ Dec/Adv/Vol 884/1563/374 mln NYSE Dec/Adv/Vol 1092/1634/198 mln