The markets have been lower most of the day thus far. Let's take a look at what is jumping off the screen today on the upside and downside.
Analyst Upgrades: Nordstrom ( JWN), Sprint-Nextel ( S), AMB Property ( AMB) and American Express ( AXP) have been able to hold on to early gains in a weak market. FedEx ( FDX): This stock has been an outperformer on the upside once again despite weakness in the transports. Qualcomm ( QCOM): Holding up fairly well in a weak Nasdaq. EMC ( EMC): Shares are slightly higher on news the company has raised its offer for Data Domain ( DDUP).
Regis ( RGS): Stock getting hit very hard on share and note offering. Analyst Downgrades: Citrix Systems ( CTXS), Eaton Vance ( EV), Federated Investors ( FII), Cliffs Natural Resources ( CLF), Consol Energy ( CNX), First Solar ( FSLR), Group 1 Automotive ( GPI) and JPMorgan Chase ( JPM) are all feeling the biggest hit from Wall Street cuts today. Coach ( COH): This leading retail play I like to watch is weak. Homebuilders: Lower again. Watching KB Homes ( KBH) and Toll Brothers ( TOL) drop. Internet Giants: Weakness across the board with names like Amazon ( AMZN), Google ( GOOG), Baidu ( BIDU) and Priceline.com ( PCLN). Apple ( AAPL): Down over $2 as well. This is a key name to watch for any sign the market may turn higher. Commodity Plays: Freeport McMoran ( FCX), U.S. Steel ( X) and Rio Tinto ( RTP) are all trading down big today.