Halftime Report for 5.10.2012

Bloomberg released a grim consumer comfort index which fell to -40.4 for the week ending May 6. This is a struggling level associated with recessions, down from -37.6 the prior week, its third week down in a row. Personal finances fell to -11.2 its’ weakest since November 11’. Natural gas in storage rose to 30 billion cubic feet. No surprise as this commodity has been up all week. Cisco remains down as premarket trading implied currently at 17.11 down close to 9%. The hot stock today is Startek(SRT) up over 50% to 2.78, with first quarter revenue at 50.9 million, a .6% decrease from last quarter, however revenue offshore increased 18% and their gross margin is up 10.5% this quarter.Losing today are Silicon graphics(SGI), down 25% to 6.87 and not far behind is Clean Diesel Technologies down almost 19% to 2.88.