Reply #31: 10:03 EST numbers and blather [View All]

[UpInArms]

Dow 10,452.40 +46.70 (+0.45%)
Nasdaq 1,984.96 +11.08 (+0.56%)
S&P 500 1,169.96 +4.60 (+0.39%)
10-Yr Bond 4.585 -0.06 (-0.13%)

NYSE Volume 260,529,000
Nasdaq Volume 251,264,000

10:00AM: Equities remain on the offensive as virtually every sector trades in positive territory... Pacing the way to the upside has been Airline (+3.7%) following an upgrade on AMR Corp (AMR 11.02 +1.09), while a rebound in Steel (+1.8%) has provided a lift to the Materials sector (+0.9%)... Technology has been strong across the board with leadership coming from Software (+0.8%) and Computer Storage (+0.8%) while strength in Drug stocks has helped Health Care (+0.3%)... Even Energy (+0.8%), despite falling oil prices, has also traded higher ahead of the EIA's weekly oil report...

At 10:30 ET, the Energy Dept. will report crude oil inventories (consensus +2.5 mln), gasoline supplies (consensus -1.8 mln) and distillates (consensus -1.5 mln)... DJTA +0.7, DJUA +1.1, SOX +0.3, NYSE Adv/Dec 1839/701, Nasdaq Adv/Dec 1726/712