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发表于 2011-5-19 11:20 AM
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At the halfway point... Stocks gave away early gains as enthusiasm over a promising jobs report waned. At midday, all three indices are roughly flay. The Labor Department said initial jobless claims fell more than expected to a seasonally-adjusted 409,000 last week. But that bit of good news was counteracted by the Conference Board's index of leading indicators, which fell 0.3%. Economists were expecting a flat reading. Additionally, the National Association of Realtors reported a surprise drop in April existing home sales to a seasonally-adjusted 5.05 million. Strong industries today include Tobacco, Hotels, and Restaurants, while Retail, Iron & Steel, and Semiconductors are weaker. KLA Tencor (KLAC) is down 5%. Sears (SHLD) is down 4%. Intel (INTC) and Whirlpool (WHR) are down 2%. Baidu.com (BIDU) and Transocean (RIG) are up 2%. Dollar Tree (DLTR) is up 4%. The VIX is up 0.12 to 16.34 after opening at 15.90. Earlier today it hit a low of 15.66 and a high of 16.56. Options on GE have appeared on the most active list today, with over 29,000 contracts of the June 21 Call changing hands. The Put/Call Volume Ratio is at 0.98 (3,210,476/3,283,390) while the Put/Call Open Interest Ratio is at 0.96 (152,246,921/159,336,292). NYSE Adv/Dec 1,598/2,147. Nasdaq Adv/Dec 941/1,546. |
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