THE CLOSE
Major market indexes closed lower but don't tell anyone that the RUT and the MID both closed in the green.
Strongest sectors were gaming, shipping, small caps, biotech and utils while insurance, drugs, real estate and homie lagged.
NYSE- 215 net losers;
NAZ- 150 net losers;
NDX- 40 GREEN;
OEX-27 GREEN;
IBD- 40 GREEN;
VIX flat and trading at the SMA 10;
GOLD- 886;
CRUDE- 126;
Down volume about 2X the up and very light at barely 1.1 B shares traded;
TRIN- 1.53- volume flowing to the losers;
RSI (2) levels:
SPX 21
DJIA 17
NAZ 35
NDX 39
RUT 46
MID 66
XLE 65
OIH 82
XLF 20
DBA 96
DBC 98
Markets a bit over sold here and a move higher back to the 1400 level on the SPX early next week would not be surprising. Hopefully someone else besides this fish caught the nice move in DIG-
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