12.29.2006

SQUEAKY CLEAN


Markets are higher this morning on the heels of the clean as a whistle investigation of AAPL buy AAPL and for AAPL. If Nixon could have investigated himself we would all be working on Tuesday.

The NDX 100 is leading the way up about 1% and 85 of the 100 issues trading in the green. The SPX stocks are not doing nearly as well as half of the OEX and SPX are trading in the green. Back to the DJIA, 21 up and 9 down with T WMT HD VZ and HPQ leading and AA HON DD MO MRK and JPM lagging.

Market internals are slightly green overall with +177 on the NYSE and +250 on the NAZ.

Leading sectors include tech, retail, brokers, semis, homies, brokers, biotech and gaming while oils, metals and banks lag.

Hopefully later in the day a look back at Jimmy Cramer's DJIA prognostications and of course his favorite spec stocks performance. Good amusement for a slow trading session.

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