4.28.2008

MIDDAY SNAZ


Looks like money flowing into the NAZ/NDX as it was the big loser on Friday. Strength in AAPL AMZN GOOG RIMM AKAM and YHOO.


Strongest sectors- airlines, homies, biotech, trannies gold and telecom while ags, oil service, utils and gaming lags.


NYSE- 700 net winners;

NAZ- 450 net winners;

NDX-70 GREEN;

OEX-60 GREEN;

IBD-58 GREEN;


VIX- flat;

Up volume almost 2X down;


GOLD-895

CRUDE- 119

NAT GAS- 11.43


Strong action in the NDX/QQQQ/QLD probably finds this part of the market closing at/near the highs.

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