Sellers In Control

Those looking for reasons to sell in the new year continue to find things to concentrate on. Today's jobs report, earnings warnings, and diminished expectations for an interest rate cut were enough to keep the sellers in control.

For the week, the S&P 500 declined -0.6%, the Dow fell -0.5%, and the Nasdaq gained +0.8%. For both the S&P 500 and Dow, it was the biggest drop since November 27th. Most of us were trying to find our footing this week. After a long weekend, the holidays and the stream of fresh data this week, we certainly had to stay on our toes.

For your weekend research, you may want to take a gander at some of the top winners which were AGIX, ANGO, BRLC, CHNR, CPSL, CYNO, DATA, EAGL, HNSN, ICE, ICOP, MAMA, NEXC, NICH, NWK, RZ, VDSI, and WITS. As for the losers, see ALY, BEXP, BRNC, BTJ, DUK, GROW, HLF, HNAB, HOTT, IOC, JRCC, NRMX, NURO, OHB, OLED, ORGN, and STZ.

Have a great weekend!