THE CLOSE
Equities closed at the lows of the day as weakness on the NAZ/NDX eventually dragged the other indexes down for the ride.
Winning sectors- banks, oils gaming and metals while real estate, biotech, drugs and shipping lagged.
NYSE- 300 net losers;
NAZ- 670 net losers;
NDX -15 GREEN;
OEX- 25 GREEN;
VIX- FLAT at 44.8;
Gold down $7 at $947;
Crude- +$2 at 44.53
SPX hit the top of the channel at/near 780 and turned south from there - the fish did catch a nice trade on QID - but others were losers -
Out tomorrow as we load up the truck and head north-
RSI (2) levels:
SPX 25
NAZ 21
DJIA 26
RUT 21
So maybe a little lower back to 740 lows on the SPX and a boost higher from there after a nother retest. DELL blowing up on earnings and trading near $8- bargain. Sure.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home