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Updated: ContentNextDex: More Green Than Red For The First Time In A Week

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Ok, so who knows if it will last but the greenscape on our ContentNextDex is a lovely sight this morning after the week from hell. Fewer then 15 stocks in the red and the market’s been open for two hours. Some of the gainers from the early morning rally: Apple (NSDQ: AAPL) is back up over $100—up 7.4 percent to $103 now, although a dip from the opening; Yahoo (NSDQ: YHOO) is up slightly to $12.93 (a sign of how low the stock is—a 56-cent move equals a 4.6 percent rise); McGraw-Hill (NYSE: MHP), up 12.4 percent to $24.52; Google (NSDQ: GOOG) is up 6.8 percent but at $354.72, nowhere near $400. Several stocks are hovering around zero: ZVUE, Journal Register (OTCBB: JRCO), GoFish (OTCBB: GOFH), while Jupitermedia (NSDQ: JUPM) and Sirius (NSDQ: SIRI) XM (NSDQ: XMSR) are well under a dollar.

Updated: Mr. Toad’s Wild Ride will pick up speed again Tuesday morning but today’s session ended with fewer than 10 ContentNextDex stocks in the red—hard to believe given the last eight sessions. The ContentNextDex closed up 10.65 percent. The Dow set a record for a one-day gain, closing up 936 points and back in the 9,000 range at 9388; as MarketWatch notes, the only member of the DJIA in the red was GE. Nasdaq jumped 11 percent.

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Oct 13, 2008 10:45 AM ET

Posted In: Money

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