Earlier Commentary::
The Hat trick of hurricanes interrupted a lot of closings and builders schedules. the pump dropped more than half a buck in October, just as an example of
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Stocks fell once again Tuesday on rising interest rates and oil prices, but a handful of tech stocks escaped the carnage on upgrades.
Red Hat surged 4.7% after Prudential said it expects strong results from the Linux vendor when it reports quarterly results next week. It was the second upgrade in two days for Red Hat. bizzXceleration: Performance, Value and Profit: Weekly Reader Archives::
Hes got a big stack of blue and red and gold ones. Heres what Magister Jaime had to say: A perfect contrast is AMD vs Intel.
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AMD rose 3% after Sanford Bernstein said it expects significant growth from the company through 2006.
The broader market has hit hard for the second straight day after the Federal Reserve raised interest rates for the 11th time in 15 months and Hurricane Rita headed for the Gulf of Mexico. TheLasconesMarketNews : Messages : 329-404 of 433::
TheLasconesMarketNews: THE NEWS THAT Now, thats how you earn the big bucks. Until you get busted. False. As the stock went red I added more shares.
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AMD, Red Hat Buck Downtrend::
Stocks fell once again Tuesday on rising interest rates and oil prices, but a handful of tech stocks escaped AMD, Red Hat Buck Downtrend. By Paul Shread
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The Nasdaq fell 14 to 2131, the S&P lost 9 to 1221, and the Dow tumbled 76 to 10,481. Volume rose to 2.3 billion shares on the NYSE, and 1.88 billion on the Nasdaq. Decliners led 22-10 on the NYSE, and 17-12 on the Nasdaq. Downside volume was 79% on the NYSE, and 62% on the Nasdaq. New highs-new lows were 238-119 on the NYSE, and 191-102 on the Nasdaq.
Google climbed 1% on Wi-Fi plans.
Activision fell 5.5% on insider selling.
Apple edged higher on an American Technology Research upgrade.
 Microsoft Shuffles Org Chart
 Focus Turns to Fed, Oil Prices
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AMD, Red Hat Buck Downtrend