8.06.2007

AFTERNOON TRADE


Markets trade higher led by BIG CAP TECH and big caps in generals.


Strong sectors include banks, utilities, drugs, biotechs, semis and large cap value while airlines, metals, oils, homies and silvers lag.


Winners include WYNN LVS MER WMT MS C VRTX INTU ERTS PAYX APOL FAST WFC USB AIG SO RF GS GMCR WRNC CHE DECK TRAK.


Losers include OPY PCR CMED SPEC DRC ACH BTJ WMB AES AA EMC EP IP SLB HAL TLAB MNST SEPR NIHD SYMC GRMN.


Market internals are still red on the NYSE and NAZ with a net 1,200 more losers than winners.


The NDX/OEX with about 2 up to every one down while the IBD 100 of last week is ugly at 3 down to every one winner.


Volatility indexes generally lower with VXO down more than VIX;


Other stuff:


Financials generally green led by AIB C JPM MTB USB WFC BEN MER MS TROW;


Biotech all green with the exception of BIIB;


Drugs greeen led by ABT LLY MRK PFE SNY;


Metals all red led lower by FCX GSS;


Oils all red led by CNX DO FTO HOC PXD RIG SU XTO;


Retail mixed with COST DECK KSS PVH WFMI WMT green and CROX TIF UA all red;


Tech generally green led by AAPL AMZN GOOG IBM KLAC;


Down volume still ahead of up volume despite the market averages;



1 Comments:

Blogger Mr. Market said...

Oh, this is too much! Why did I close my Trade Station account?

3:50 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home