1.09.2007

CLOSING MARKETS


Could not post much during today's trade as GOOG had blogger down for maintenance for most of the trading day.

Anyhow, the markets were all over the map as the major indexes were much higher and much lower but closed near the unchanged levels except for the NAZ and TECH which closed slightly higher on the day.

Leading sectors were AAPL MGM SLV reits, airlines, retail, biotech, brokers, semis and tech. Leading lower were oils, hmo's, metals and banks.

The NDX had about a 60/40 winner to loser margin; 55/45 on OEX and 280/210 on the SPX 500.

Overall there were about 350 more green than red on the NYSE and about flat numbers on the NAZ.

Looking at my key stocks, GOOG was plus 3, AAPL plus 7, GS MER MS all flattish. Major banks also flat on the day.

AAPL was clearly the story of the day as they have decided to change from AAPL Computer to AAPL Inc. also some good stuff on phones, video and IPOD's. RIMM is trading way down on the news and I suspect its worth a shot at these levels.

Other big winners were BRCM CHKP MXIM FAST DELL and MEDI while S CELG COP and ESRX were the some of the biggest losers.

VXO/VIX tandem holding tough near the 12 level so no real overbought/oversold signals from them.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home