Stocks are looking to end the day relatively flat as the market has recovered most of its early losses. Banking stocks helped lead the market up from its lows, but some disappointing economic data still weighed on stocks. Despite today’s shaky trading, the Dow and S&P are on track to have their best January since 1997. With about 30 minutes left in the trading day the Dow is down 25 points, the Nasdaq is up 2 points and the S&P is down 1 point.
Amazon.com, Inc. (NASDAQ:AMZN) is up 0.78% in late trading at $193.90. AMZN has traded 7 million shares so far today, a million more than its daily average. Amazon is slated to announce its latest earnings after market close today. The company has a market cap of 87.64 billion. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?
Bank of America Corporation (NYSE:BAC) is up 0.84% today at $7.13. BAC is up on light volume today with 179 million shares traded. BAC typically trades 270 million shares a day on average. Bank of America won a $715 million Washington debt sale and included 10 year bonds to yield 1.9%. The company has a market cap of 75.04 billion.
Sprint Nextel Corp. (NYSE:S) is down 1.62% today at $2.123. S has traded nearly 51 million shares today, 15 million shares more than it trades daily. S shares are taking a slight hit today after Radioshack blamed Sprint for its poor earnings forecast. The company has a market cap of 6.37 billion.
Renren Inc. (NYSE:RENN) is down 10.30% this afternoon at $5.65. RENN has traded 34.2 million shares so far today, 7 times its daily average. RENN shares are dropping today following a big run up the past few trading days on the shoulders of Facebook IPO reports. The company has a market cap of 2.21 billion. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?
Morgan Stanley (NYSE:MS) is up 2.42% today at $18.65. MS has traded 22.4 million shares so far today and trades 30.3 million shares a day on average. Financial stocks showed strength today and helped the market recover from big losses this morning. The company has a market cap of 35.86 billion.
Corning Inc. (NYSE:GLW) is up 1.98% today at $12.86. GLW has traded 21.5 million shares so far today, above its daily average of 20.8 million shares. GLW are trending slightly higher after falling about $1 last week. The company has a market cap of 19.37 billion.