Wednesday, May 16, 2012

WEDNESDAY OPEN

(stock #'s in %)

Market up 40/13/6. Volume a little heavy. Oil was down around $92, now back up around $94. US industrial production up 1.1% in Apr, beat forecast. New US home starts beat forecast. US mortgage delinquencies fell to lowest since '08. And Greece.

EFOI up 14 on 3K shs. QTWW up 8 on contract news. MXWL up 1 more.

CLNT down 16 after reporting lousy numbers. Broke down through 50-day lines. I didn't see numbers that bad coming. AMPD down 13 on 2K shs. CERP, ZNNMF down 12. ZNNMF touched top (50-day) line. CRGE down 9 after yesterday's near-double.

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