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Friday, June 27, 2008

Morning Earnings Report

Among those reporting this morning:

AZZ- Up 24%
KBH- Down 5%
SCS-Down 15%

Among those reporting last night:

ACN- Up 5%
CBK- Down 20%
CYAN- Up 2%
EGLS- Down 20%
DISK- Down 13%
MU- Down 10%
PALM- Down 9%

Are you noticing a trend here?

There is one high volume breakout so far today, GG up 5%. Gold seems to be making a comeback here.

Yesterday's slaughter has abated somewhat, but there is no sign of a bounce yet. Energy, utilities, and healthcare sectors are in the green, everything else is red, with XLI (industrials) being the weakest.

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