THE OPEN
Markets open mixed with the NDX and RUT/MID's out performing while the DJIA and large cap value under performs.
Strongest sectors- metals, internets, oil service, retail and ags while drugs, gaming, utils and biotech lag.
Key stocks- 25/40 higher- led by TIF AMZN BIDU RIMM MSFT UA MCD DECK AAPL- laggards- MGM MS CME MER GE PG WYNN C GS;
NYSE- 200 net winners;
NAZ- 540 net winners;
NDX -60 WINNERS;
OEX-35 WINNERS;
IBD 100-70 WINNERS;
Crosscurrents yet again as tech/oils/metals/small caps lead while banks and brokers trade flat to red. Looks like another day of high volatility and if you don't have a quick finger its probably not a good time to trade.
1 Comments:
Excellent advice. These days you don't know what move is for real.
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