6.04.2007

PM MIX


Markets continue to trade mixed as the Mids and the SPX trade higher while the DJIA/RUT trade lower.


Strongest sectors inlcude oils, silvers, the Aussie (new high), real estate, homies, semis, mid caps and large cap growth; leading lower are airlines, brokers, biotech, utilities, trannies, drugs and internets.


Key stocks are mixed with GOOG AAPL MSFT SNDK XLE OIH BOT ICE NYX LM SLG FCE.A MGM green while GS MER MS CME C JPM WFC JOE BAM AMGN DNA CELG FDX all red.


Market internals are mixed with a net 170 green on the NYSE and a net 270 red on the NAZ.


The OEX is about 2/1 red to green while the NDX is evenly split between winners and losers.


The IBD 100 is about 55 up and 45 down with SRSL SIMO ARGN CPA the big losers.


Big winners include CDNS CTAS SNDK WMT BHI NSM GOOG EMC SLB EML SNHY IDSA TBSI and DWSN.


Other than the above it is a slow go and a late afternoon pop would not be surprising as the old "if they can't get em down" thought comes into my head.


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