NOON LOOK
Markets continue to throw a mixed bag at traders as oils, metals and semis lead while internets brokers and retailers trail. EBAY YHOO HHH and AAPL all lower so its interesting as semis are up and internets are down.
On the DJIA, internals are 50/50, while in the broader market, internals are slightly green with 600 more winners than losers.
Best performing DJIA stocks today include XOM CAT HPQ INTC and JNJ while the worst are HD T UTX JPM and DIS.
Besides the hedge fund problems in Greenwich, CT, the charts of the day (on my screen) are the SMH, which is back to $35 again and whose components refuse to pull back; and the resilience of the OIH +$3 on the heels of mixed crude. Can the folks talking about crude be more bearish? Kind of reminds me of the call by Liz Ann Sonders a few months back.
On the DJIA, internals are 50/50, while in the broader market, internals are slightly green with 600 more winners than losers.
Best performing DJIA stocks today include XOM CAT HPQ INTC and JNJ while the worst are HD T UTX JPM and DIS.
Besides the hedge fund problems in Greenwich, CT, the charts of the day (on my screen) are the SMH, which is back to $35 again and whose components refuse to pull back; and the resilience of the OIH +$3 on the heels of mixed crude. Can the folks talking about crude be more bearish? Kind of reminds me of the call by Liz Ann Sonders a few months back.
posted by DAVID at
11:59 AM
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