QUICK LOOK
The markets have opened modestly higher with the Semis (SMH) leading the way higher by about 1%. The IWM is also outperforming the bigger caps with a .7% increase compared to the .2% drip higher on the SPY.
Market internals are green with 1,200 more winners than losers.
Oils and metals are back to their old tricks of leading higher with the HUI and XAU both higher by 1% plus and the oils up about .5%.
AAPL was mentioned this AM as a top holding of DE SHAW and GOOG was mentioned as a major sell of DE SHAW and both are trading down this morning. All of the major brokers are trading higher and the banking index is trading mixed.
The plan for my day trading is to buy the dips and sell the rips and the EWJ mentioned earlier looks like a buy.
Market internals are green with 1,200 more winners than losers.
Oils and metals are back to their old tricks of leading higher with the HUI and XAU both higher by 1% plus and the oils up about .5%.
AAPL was mentioned this AM as a top holding of DE SHAW and GOOG was mentioned as a major sell of DE SHAW and both are trading down this morning. All of the major brokers are trading higher and the banking index is trading mixed.
The plan for my day trading is to buy the dips and sell the rips and the EWJ mentioned earlier looks like a buy.
posted by DAVID at
10:05 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home