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by 12/16/1999 8:33 AM

Stocks quoted in this article:

US/H0

Bonds are continuing their slide in pre-market trading with the March Treasury Bond futures contract (US/H0 - 92-12/32) falling another 8/32. Bond prices have slid sharply in the last three sessions as investors reassess the strength of the economy with next week's Fed meeting rapidly approaching. The biggest gains in open interest have come at the 92 put strike, which is just below the December 1 low of 92-8/32. Open interest at that strike has risen from 19,800 to 27,200 contracts in the last five sessions. Although the recent additions have been at the 92 strike, this is not the home of the heaviest open interest. The 90 put strike offer the greatest amount of potential put support with its 63,500 contracts currently residing there, which remained constant over the last week.
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by 12/16/1999 8:15 AM

Stocks quoted in this article:

LSCC

This morning, Morgan Stanley raised its outlook on some semiconductor stocks including Lattice Semiconductor (LSCC - 78) and Xilinx (XLNX - 78). The price target on LSCC was lifted to $80 a share, and from $85 to $120 for XLNX. LSCC and XLNX shares are indicated to open a couple of points higher this morning. Yesterday, the PHLX Semiconductor Index (SOX - 605.53) rallied nearly 18 points and was able to push itself back above the key 600 level.
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by Beth Gaston 12/15/1999 5:20 PM

Stocks quoted in this article:

One of the outperforming names in today's market was casual clothing retailer Abercrombie & Fitch (ANF - 27-3/8), which tacked on more than 15 percent by day's end to move back above its 10-week moving average. This morning, the stock was upgraded by a major Wall Street brokerage firm, who cited the improving sales of women's clothing as the reason for this positive mention. Although today's rally in the shares was impressive, ANF is not yet out of the proverbial woods just yet, as it remains below its 10-month moving average. Additionally, the stock is trading below its short-term 10- and 20-day moving averages, which are on the verge of a bearish crossover.
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by 12/15/1999 5:09 PM

Stocks quoted in this article:

CMGI

CMGI (CMGI - 199-3/4) reported earnings after tonight's close of trading and investors appear to be bidding up the shares sharply on the news. The company reported earnings of ($1.08 ) versus an estimates of ($1.76). In addition, the company also declared a two-for-one stock split. CMGI's deep roots into the Internet sector are likely to have chat rooms buzzing tonight. It would be very surprising if the shares do not have a strong open tomorrow and give at least some boost to the rest of the Internet stocks, as well.<
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by 12/15/1999 4:21 PM

Stocks quoted in this article:

EBAY

Online retailer Ebay (EBAY- 145-15/16) was unable to hold on to gains today despite a "buy" rating at a major brokerage firm. The stock traded as high as 159-15/16 early this morning and gradually gave up its lead to close -4-3/4 as the Nasdaq Composite (COMP - 3621.9) rallied from its 11:00 EST low. The stock is still above its 100-day moving average which has been the case since early September.
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