OPENING GREEN
Markets open higher with the DJIA +42, NAZ+5 and the SPX +3.
Strongest sectors include biotech, airlines, aussies, trannies, homies, small caps, brokers, retail and internets- Leading lower are oils and oil service on the heels of lower crude all the way down to $65.65.
Key stocks generally higher with MS GS MER C leading while BIDU NYX and TGT are red.
Market internals are very bullish with a net 1,200 green on the NYSE and net 600 green on the NAZ.
The SPX/NDX/OEX are all about 3 to 1 green to red.
Strong stocks include APOL BRCM MRVL WFMI UAUA MEDI NVDA CAT AA SLE NSC TYC NSM MMM and JPM.
Weak stocks include DELL HAL SLB PFE BHI CVX TFT S GE INFY CHKP and ERTS.
Volatility indexes down about 5% but still way above their respective 10 day SMA's.
I suspect the markets chop around most of the day with an upward bias and as far as next week goes its just wait and see for now.
posted by DAVID at
11:08 AM
1 Comments:
When I commuted from Darien to NYC, Sonders would often be on the same train. Usually women did not get deferential treatment; men would push in to get their desired seats. But when LizAnne was on the train platform the men would part ways as the doors opened. She almost always wore pants and had much to be admired. We always let her go first.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home