Sluggish Day So Far

A sluggish day so far. Not awful, just sluggish. The S&P 500 is down 0.39%, while our Buy List is down 0.21%. eBay (EBAY) is our leader today, up about 2.77%. Commerce Bancorp (CBH) is also having a nice day thanks to a New Jersey court dismissing a lawsuit against the company.
Late yesterday, Frontier Airlines (FRNT) said that its passenger count rose in October. The stock is unchanged today, after a rotten day yesterday. Fiserv (FISV) said that its CEO will be retiring, and the new CEO will be the COO of H&R Block (HRB). Also, Dell (DELL) will report its earnings after the Thursday’s close. The stock is down today.
On a side note, I track 20 homebuilders—every single one is down today. Bonds are having a very strong day, which I find a bit surprising. The 10-year yield is down to 4.65%.

Posted by on November 8th, 2005 at 1:39 pm


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