MarketWatch.com - Pre-Market Indications

Wednesday, May 28, 2008

Pre Market Trading Indications

Gapping down in reaction to disappointing earnings/guidance: SNDA -7.4%, JMBA -3.2%, CCE -2.9%...

Select oil/gas names showing weakness with crude trading lower
: BP -2.0%, STO -1.5%, TOT -1.3%, E -1.0%...

Select metals/mining stocks showing modest weakness with strength in the dollar
: AUY -2.8%, HL -2.1%, ABX -1.7%, GOLD -1.3%, GLD -1.3%, GFI -1.1%, PAL -1.1%...

Other news
: MDCO -9.2% (receives FDA review letter for Angiomax Supplemental Filing; reaffirms 2008 Angiomax U.S. sales guidance of $310-320 mln), KEY -7.4% (disclosed that it is updating its previous outlook for net loan charge-offs for 2008), PSEC -6.4% (announces commencement of public offering of 3 mln shares of common stock), LOJN -4.3% (reports resignation of CFO), BSX -3.3% (announces court decision; jury found that certain Boston Scientific balloon catheters and stent delivery systems infringe Medtronic's patents and that the patents are valid), ADM -3.0% (files for a 35 mln share equity unit offering), RBS -2.5% (Generali quits race for RBS insurance wing - FT), HERO -1.5% (announces a $250 mln convertible notes private placement offering)...

Analyst downgrades
: CTB -3.5% (downgraded to Sell at Merrill), LYG -3.1% (downgraded to Underperform at Credit Suisse), OVTI -2.1% (downgraded to Market Perform at Oppenheimer), EXC -1.0% (downgraded to Hold at Citigroup).

Gapping up in reaction to strong earnings/guidance:
VSNT +10.2% (light volume), RL +7.8%, AEO +6.3%, DCI +6.3%, COGT +5.4%, WX +3.4%, DLTR +1.4%... Select airline stocks showing strength with crude trading sharply lower: DAL +6.4%, UAUA +5.4%, NWA +5.3%, AMR +4.2%, LCC +4.7%, CAL +4.3%...

Other news:
FORD +16.3% (enters into new license agreement with Motorola), CKXE +3.8% (agrees to revised buy out offer from 19X), DAR +3.7% (will replace PFGC in the S&P SmallCap 600), RCL +3.3% and CCL +1.2% (showing modest strength with crude sharply lower), SAP +3.2% (rose in German trade after upgraded by the French broker Cheuvreux - Bloomberg.com), SWN +3.1% (will replace TT in the S&P 500 after the close on 6/5), KDN +2.4% (Cramer makes positive comments on MadMoney), MT +2.0% (still checking), ALU +1.9% (still checking), YHOO +1.9% (MSFT CEO says co speaking with YHOO but offers no details - WSJ), SPW +1.8% (Cramer makes positive comments on MadMoney), CBSH +1.4% (will replace SWN in the S&P MidCap 400 after the close of trading on 6/5)...

Analyst upgrades:
QSFT +4.4% (Hearing added to tier-1 firm's Buy List), BCON +3.5% (initiated with Buy at Kaufman), UPS +2.8% (upgraded to Buy at Merrill), NVDA +2.4% (upgraded to Market Outperform at JMP), AKNS +2.4% (initiated with Buy at Kaufman), ADBE +2.3% (upgraded to Hold at Jefferies), MET +1.6% (upgraded to Buy at Merrill), AMLN +1.3% (upgraded to Equal Weight at Lehman).

Gapping up: FORD +16.3%, DCI +5.8%, COGT +5.4%, DAR +4.3%, AKNS +4.2%, UAUA +3.9%, WX +3.4%, SAP +3.2%, SWN +3.1%, LCC +2.5%, KDN +2.4%, CAL +2.3%, YHOO +1.9%, SPW +1.7%, CBSH +1.4%...

Gapping down:
PSEC -5.8%, JBLU -5.2%, PEIX -2.9%, ADM -2.3%, BP -2.0%, HERO -1.8%, SNDA -1.6%, GLD -1.3%, TOT -1.3%.

NYSE Arca Morning Update

10 Most Active stocks on NYSE Arca as of 08:30:00 ET

Based on Dollar Volume: Based on Share Volume:
Stock
Dollar Volume
SPY
$309,108,778
QQQQ
$71,390,654
IWM
$20,079,779
USO
$18,391,262
SAP
$12,432,069
AAPL
$10,024,090
TOT
$5,694,640
YHOO
$5,250,970
GLD
$4,721,518
NOK
$4,492,787
Stock
Share Volume
SPY
2,221,864
QQQQ
1,451,924
IWM
273,200
SAP
228,300
YHOO
190,370
RBS
181,200
USO
179,740
NOK
157,646
BCON
76,375
ALU
70,716


no stocks gapping over 15 percent today


NYSE Arca Morning Update

Pre-Market Most Active Stocks - NASDAQ Premarket


NASDAQ - Pre-Market Ten Most Advanced

Active Share Volume Declined

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

CKX, Inc.
$10.21 $11.80 15.57% 5,500

Introgen Therapeutics, Inc.
$2.80 $3.10 10.71% 3,381

UAL Corporation
$8.18 $8.60 5.13% 25,603

China Finance Online Co. Limited
$23.90 $24.90 4.18% 22,534

NVIDIA Corporation
$23.36 $23.90 2.31% 10,289

Yahoo! Inc.
$27 $27.58 2.15% 260,422

Evergreen Solar, Inc.
$10.60 $10.80 1.89% 66,995

DryShips Inc.
$87.03 $88.45 1.63% 31,285

Hansen Natural Corporation
$29.58 $30.03 1.52% 3,136

Baidu.com, Inc.
$336.50 $339.44 0.87% 3,981

As of 5/28/2008 8:17:50 AM

NASDAQ - Pre-Market Ten Most Declined

Active Share Volume Advanced

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

Medicines Company (The)
$19.94 $17.60 11.74% 4,200

Prospect Capital Corporation
$15.92 $14.90 6.41% 8,550

Jamba, Inc.
$2.50 $2.38 4.80% 3,000

JetBlue Airways Corporation
$4.41 $4.25 3.63% 35,900

Shanda Interactive Entertainment Limited
$35.30 $34.30 2.83% 3,475

Capstone Turbine Corporation
$3.57 $3.50 1.96% 3,000

Level 3 Communications, Inc.
$3.42 $3.37 1.46% 3,500

Amgen Inc.
$43.04 $42.55 1.14% 6,900

Wynn Resorts, Limited
$100 $98.90 1.10% 4,990

Randgold Resources Limited
$43.04 $42.59 1.05% 5,400

As of 5/28/2008 8:17:23 AM


Pre-Market Most Active Stocks - NASDAQ Premarket

Pre Market Movers - Futures Trading - Nasdaq - NYSE

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