The Open
Markets open lower led down by the DJIA -40, NAZ -1 and SPX -1.5. MID's higher and RUT's lower.
Strong sectors- oils, ags, biotechs, utils and metals while all the big banks and brokers are red in addition to gaming, airlines, telecom, real estate and retail.
Key stocks- 17 out of 40 red- leaders- POT MON GOOG MTW BIDU BG CAT- losers- NVDA WYNN C MGM UA LVS BAC TIF;
NYSE- flat internals;
NAZ -100 net red;
NDX- 50 GREEN;
OEX- 50 GREEN;
IBD -68 GREEN;
Still bullish but looking at the NAZ/NDX as C JPM MA MTB USB V WB WFC BEN GS LEH LM MER MS TROW all trading red- NAZ- winners include GOOG AAPL RIMM APOL BIIB NIHD EBAY GENZ ERTS WFMI GILD;
And check out the NEWSFLASHER site- great aggregator;
1 Comments:
I don't think ERTS is a good buy moving forward. I think SNE, TTWO and ATVI are a better gaming plays for the next six months. The longer TTWO can delay the ERTS takeover attempt the better as GTA4 will ship April 29 and all bets are off after that. GTA4 and the BlueRay win will finally start to drive a lot of PS3 sales.
http://funwithmyira.blogspot.com
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