FirstAlert(tm) ‘Money Index’ Synopsis
August 5, 2009 (FinancialWire) — Of the Most Actives, last session’s trading showed 18 advancers versus 7 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) trading 112,918,800 shares closing at $3.25 (up 2.2%), Bank of America Corporation (NYSE: BAC) trading 43,024,900 shares closing at $15.64 (up 2.1%) and the SPDR Trust ETF (NYSE: SPY) trading 38,962,231 shares closing at $100.7 (up 0.3%).
Of last session’s Greatest Percentage Losers, stocks taking the greatest monetary losses were led by PPL Corporation (NYSE: PPL) trading on volume of 2,433,700 shares (losing $1,681.7 million), Herbalife Ltd. (NYSE: HLF) trading on volume of 692,800 shares (losing $275.1 million) and ProShares UltraShort Real Estate (NYSE: SRS) trading on volume of 6,765,379 shares (losing $93.1 million).
Of last session’s Greatest Percentage Winners, stocks making the greatest monetary gains were led by YRC Worldwide Inc. (NASDAQ: YRCW) trading on volume of 2,356,769 shares (gaining $27.3 million), Wuhan General Group China Inc. (NASDAQ: WUHN) trading on volume of 135,044 shares (gaining $27.1 million) and Bionovo Inc. (NASDAQ: BNVI) trading on volume of 1,203,619 shares (gaining $13.7 million).
The statistical source for deriving each day’s The FirstAlert(tm) Money Index is StockSmart.com (http://www.stocksmart.com/ri/mostactive.staticdoc).
The FirstAlert(tm) Money Index is an indicator of the depth of market direction or indirection. While not always including the same stocks, the NYSE/NASDAQ/AMEX 25 Most Actives and NYSE/NASDAQ/AMEX greatest Percentage Losers and Percentage Winners (weighted against pure monetary loss/gain) indicate the direction in which the mass of money is flowing, as well as the general focus of the market.
The FirstAlert(tm) Money Index is included as part of the “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts), published by FinancialWire(tm). As a service to shareholders and investors, the FirstAlert(tm) Daily also provides complete, daily conference call schedules, as well as direct access to free annual reports on thousands of public companies via the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
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