This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here Midday Update

The markets are starting to catch fire after the slow start at the open. Fund managers squeeze in some last-minute buying as the quarter wraps up tomorrow. Let's take a look at what is working and not working so far.


Analyst Upgrades: Big winners today include SLM Corp (SLM - Get Report), TRW Automotive (TRW), and KB Home (KBH - Get Report), all of which saw Wall Street analysts boosting their outlooks.

Oil (USO): Prices are holding gains so far as the Honduras crisis plays out.

Potash (POT - Get Report): Bouncing back after a tough week last week.

Sears Holding (SHLD): Retailer is getting some of its momentum back today.

High-Beta Plays: Intercontinental Exchange (ICE) and Intuitive Surgical (ISRG) leading the pack.

Goldman Sachs (GS - Get Report): Leading the mild rally in the financials.

Fuqui International (FUQI): Breaking out to new 52-week highs.

Engineering Plays: Shaw Group (SGR) and Fluor (FLR - Get Report) are seeing good action early.


China-Based Beta Plays: (CYOU), Shanda Interactive (SNDA), Perfect World (PWRD), and (NTES) are all pulling sharply today.

Citigroup (C): Struggling to hold the $3 level.

Biogen Idec (BIIB): Shares are nearly 7% lower after company reported 10th case of PLM Brain infection.

Watson Wyatt Worldwide, Inc. (WW): Shares are down nearly 8% following merger announcement with Towers Perrin.

I would keep an eye on today's winners and be very nimble if you decide to play the buy high/sell higher game today. I think there are profits to be had looking at the recent 52-week high list for that. We have highlighted plenty of well-performing plays in this past weekend's posts.

Oil (USO) is a big mover to the upside after news of the Honduras uprising this weekend rattled energy prices. Gold (GLD) is pulling back a touch this morning, not seeing any effect. Treasuries (TLT) are trading slightly off earlier highs in the session. If anyone was still holding Shanda Interactive from last week's call, your stops should have been hit this morning as the stock pulled back.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FLR $54.28 0.00%
GS $164.50 0.13%
KBH $13.64 0.00%
POT $17.61 0.00%
SLM $6.80 0.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs