Market Overview

Top Narrow Based Indexes for July 1 (AIXG, BJ, MGRC)

By 12:20 pm, the Dow Jones Industrial Average was down 107.99 points, or 1.10%, to 9,666.03, while the broader Standard & Poor's 500 index had lost 12.61 points, or 1.22%. The NASDAQ composite index had also dipped 26.83 points, or 1.27%. Some of the narrow based indexes that are driving the market are the Germany Stocks and ADRs, which have gained 2.6%, Discount Retailer Stocks, up 1.6%, and Modular Building Stocks, moving 0.5% higher as a group.

In Tickerspy's Germany Stocks and ADRs complex, Aixtron Aktiengesellschaft (NASDAQ: AIXG) had surged 6.3%. AIXG’s sales are likely to surge 122.20% in the September quarter.

The best performing Tickerspy Discount Retailer stock has been BJ's Wholesale Club Inc (NYSE: BJ), which was up 12.4%. Green Equity Investors has bought a 9.5% stake in BJ’s stock.

McGrath RentCorp (NASDAQ: MGRC) is today’s leading Tickerspy's Modular Building stock, gaining 0.1%. MGRC’s PEG ratio is 1.62.

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Posted-In: top Narrow Based IndexesLong Ideas News Technicals Markets Trading Ideas

 

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