4.02.2007

MID DAY SNOOZER


Markets continue mixed at mid day as the DJIA is flat, NDX -6 and SPX +1.

Strongest sectors include utilities, oils, real estate, metals, tech, drugs and small cap growth. Weakest include banks, airlines, homies, semis, brokers and trannies.

Key stocks are mixed with the brokers mainly lower but improving; exchanges higher, tech and internets mixed while banks are all lower on the MTB news.

Strong stocks include MICC NIHD BEAS CELG JNPR MO MRK KO XOM ETR EXC AEP and F.

Weak stocks include KFT WB MEDI RF FDX COF NSM LEH CTSH XMSR NTAP MXIM and MRVL.

The NYSE shows about 500 net stocks higher while the NAZ has about 400 net lower.

The SPX/OEX internals are flat while the NDX is lagging considerably with about 3/1 downs to ups.

Volatility indexes basically unchanged and the trading looks kind of uninspiring especially with the short week/holiday/ Spring break. So maybe AROD will provide some excitement today since its doubtful the markets will.

2 Comments:

Anonymous Anonymous said...

I see Arod is starting the year off right...

2:38 PM  
Blogger DAVID said...

Sure 1 error and was 0 for 3 but has since scored the go ahead run - lets see if it holds

3:48 PM  

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