FDAnews Device Daily Bulletin

TECH LEADS RALLY, MEDICAL-DEVICE MAKERS DROP

April 17, 2006
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Just after midday, the broad market is slightly higher in light trading volume ahead of the long holiday weekend. At approximately 12:45 p.m. Eastern time, the SPX is up just 0.1 percent with roughly 61 percent of its components in positive territory. The index continues to languish below its 10-day and 20-day moving averages, and is struggling to overcome former resistance at the 1,290 level.
Schaeffers Research